Investment managers Jon Zeschin and Michael Haines announced today that Maurer & Associates Capital Management Inc. (MACM) will merge into Essential Investment Partners LLC (EIP). Haines, who is sole owner of MACM, will become a partner with Zeschin in EIP, with an anticipated effective date of December 31, 2018. EIP is an independent wealth management and investment advisory firm founded by Zeschin in 2001.
“This partnership is about ensuring that we can continue to serve our clients’ needs far into the future,” Zeschin said. “Michael and I share a common commitment to the values that have been critical to our success: independence, trust, transparency and professionalism.”
“When working with clients to help plan their financial future, trust and experience are invaluable sources of peace of mind. Jon and I share a long-term view of managing wealth prudently and maintaining close relationships through exceptional service. Our services go well beyond investing and include a very wide range of financial advice,” said Haines.
Haines started in the investment business as a financial analyst with Founders Asset Management Inc. in 1985. Founders was a no-load, growth equity mutual fund company. He was part of the team that grew the firm from $400 million in assets and 16 employees to $9 billion in assets with over 100 employees, prior to the sale of the business in 1998. Haines earned a master’s degree from The University of Denver with a concentration in finance after completing an undergraduate BA in Chemistry from The Colorado College.
Zeschin’s nearly 40 years in the investment business include executive leadership positions in virtually every aspect of investment management. He served as President of Foundars Asset Management prior to its sale. In addition to serving Essential clients, Zeschin is chair of the board of Matthews Asia Funds and a member of the Board of Governors of the Investment Company Institute. Zeschin received a master’s degree from Northwestern University’s Kellogg School of Management with majors in finance and marketing and a bachelor’s degree in accounting from the Ross School of Business at the University of Michigan. He is a CPA with the Personal Financial Specialist designation and a Certified Financial Planner certificant.
DISCLAIMER: This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of EIP and MACM with respect to future business activities. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “expect” or similar expressions. Although EIP and MACM believe that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results. There is no guarantee that the business transactions described herein will be completed.