OUR MISSION STATEMENT
To help you grow, manage and preserve your wealth, so you can focus on what brings true meaning to your life and legacy
To help you grow, manage and preserve your wealth, so you can focus on what brings true meaning to your life and legacy
As a seasoned husband-wife advisory team, we understand the importance of family and the financial freedom to pursue personal interests. We have been providing personalized financial guidance and investment management solutions to successful professionals, families and business owners residing in the Philadelphia tri-state area and across the country.
Over the course of our careers, we have studied and achieved important industry credentials, including Certified Financial Planner (CFP®), Certified Private Wealth Advisor (CPWA®), Certified Investment Management Analyst (CIMA®) and Chartered Retirement Plan Counselor (CRPC®). This concentration of education, knowledge and specialized skills in one group of advisors and enables us to serve as your single point of contact for all your family wealth needs. We use our extensive technical and analytical skills to research, evaluate and recommend appropriate strategies to address your particular needs and goals.
Financial Strategies for Life
We are dedicated to helping families with significant wealth define and achieve their long-term financial goals. We believe it is our responsibility to be aware of the changes in your life, so we can anticipate and respond strategically to new risks and emerging opportunities. The end result is a coordinated financial plan, updated regularly, that focuses on meeting your particular goals today and for the generations that follow.
The Rittenhouse Group Advantage
With genuine passion, we deliver a dynamic approach that puts you in the center of every decision. We are committed to earning your trust every day through a powerful combination of experience, education and empathy. Above all, we strive to ensure every client feels like our only client.
Getting started is easy. It begins with a conversation. We look forward to discussing how we can create the lifestyle and legacy you envision for you and your family.
At The Rittenhouse Group, your priorities become our priorities. We leverage our decades of experience, along with the premium resources of Morgan Stanley, to create a comprehensive wealth strategy that is uniquely yours. We are committed to the following core values that we believe differentiate us from other advisory teams and serve as the foundation of our practice.
We build longstanding relationships, based on trust and integrity. We do this by working with a select group of individuals, families and business professionals who value our depth of knowledge and experience in providing comprehensive solutions that go well beyond investments. The bond we form with each client is fundamental to our mission, and it is our goal that it spans generations.
Knowledge and Experience
Our team has a concentration of experience and education that is rare in one group of Financial Advisors. With more than 45 collective years of experience1, we have acquired the wisdom and skills to tackle the challenges that come with accumulating significant wealth. Our priority is to help you prepare for all of life’s milestones and be your first call for any financial matter – no matter how simple or complex the situation.
The diversity of our backgrounds, experience and areas of specialty enable us to deliver fresh ideas for today’s complex world. We are available to work with your accountant, attorney and other professionals to build a comprehensive and cohesive plan that encompasses all aspects of your life.
We recognize every client is unique. Some desire in-depth explanations of investment concepts, while others understand those concepts thoroughly and prefer advisors with whom they can formulate strategies. We are committed to helping you achieve your goals in a manner that aligns with your expectations of a concierge experience.
We deliver comprehensive services to a select group of clients who have accumulated a higher level of wealth and seek financial guidance on the following activities:
- Comprehensive financial planning
- Investment management for growth or income
- Managing a significant life or liquidity event, such as transitioning to retirement, selling a business, a divorce or loss of a loved one
- Diversifying highly concentrated positions
- Financing a major acquisition
- Preparing the next generation to effectively manage wealth
- Creating a legacy plan to preserve family harmony as well as assets
- Achieving charitable and philanthropic goals
Our clients include:
- Families spanning multiple generations
- Retirees and individuals planning for retirement
- Successful professionals, corporate executives and business owners
- Women seeking guidance for themselves and their families
- Referrals from existing clients and industry professionals
While our clients have unique goals and circumstances, they all have one thing in common: The desire to simplify their finances and develop an integrated wealth strategy for now and the future.
We provide the knowledge and insights they need to succeed in today’s fast-paced world, so they may enjoy their wealth and leave the legacy they desire.
Diversification does not guarantee a profit or protect against loss in a declining financial market.
Our process begins and ends with listening. We ask questions about what is important to you, your family and your legacy . . . and then we listen. Through each step, we provide objective advice and investment insights to construct a wealth management plan that is uniquely yours.
1: Initial Conversation
We begin with an informal discussion to understand your financial concerns and determine how we can add value. This is your opportunity to interview us, as we get to know you. If we agree to move forward, we’ll schedule our next meeting and request important financial information.
2: Discovery Meeting
We continue the dialogue by fostering an in-depth conversation where we learn about the values that shape your decisions and identify any unique circumstances. We also review the documents you’ve prepared and begin to define your priorities.
3: Analysis and Strategy Development
Here, we utilize proprietary financial planning tools to develop a personalized and detailed strategy with recommendations to help you grow, preserve and transfer your wealth. This serves as the foundation for building your initial plan, as well as future investment decisions.
Step 4: Recommendations and Implementation
In this step, we present appropriate investment options that, once executed, are designed to work together cohesively to achieve your goals. Upon your approval, we execute each recommendation and begin to implement the wealth management strategies we’ve discussed. These often encompass risk management, as well as estate, trust and philanthropic planning.
Step 5: Ongoing Stewardship
Committed to a concierge client experience, we focus on developing a relationship that provides special value to you and your family. As we execute each strategy, we’ll set up tools so you have immediate access to your account information. And because markets and personal needs evolve over time, we’ll schedule regular calls and meetings to ensure your plan remains on track to achieving your goals.
While the strategies we provide are broad in scope, our approach is one hundred percent individualized. We deliver the personalized attention you expect, as we build a structured plan focused on achieving your financial and legacy goals. Here is a brief overview of the solutions we offer:
We pay particular attention to the timing of milestone events to help ensure you are prepared each step of the way. Whether you are planning for your children’s education, a comfortable retirement or the sale of your business, we develop the strategies needed to achieve your goals on schedule.
Asset Growth and Preservation
Asset management aims to achieve the best possible returns consistent with your level of risk. Working together, we create a customized strategy that applies long-held investment principles to help your assets appreciate appropriately. We also welcome the opportunity to incorporate sustainability, environmental and social values into our process.
Given extended life expectancy, we help customize allocation and distribution strategies to help you preserve assets, whether they are held at Morgan Stanley or other firms. This includes advice on 401(k) plan assets, life insurance, long-term care plans and lifetime income strategies.
Life’s risks can manifest themselves in many ways – from loss of life to loss of health – and have the potential to impair the efficiency of a thoughtfully developed plan. We help address these concerns in a number or ways, ranging from insurance reviews to liquidity strategies.
Delivering an estate to the next generation or favorite charity requires more attention than families often realize. Coordinating with outside estate and tax professionals, we align estate planning goals with the appropriate asset titling and beneficiary designation requirements, while incorporating best practices to help enhance results.
A Certified Investment Management Analyst® (CIMA®), Certified Private Wealth Advisor® (CPWA®) and senior partner of The Rittenhouse Group, Michael works closely with high net worth individuals and their families to ensure they have a solid understanding of their finances and an integrated approach to managing their wealth. His results-driven approach includes strategies designed to help them simplify their financial lives, so they may enjoy their wealth and leave the legacy they desire.
An industry veteran, Michael began his career in 1976 at Butcher & Singer, a regional brokerage house in Philadelphia. Starting from the ground up, he learned every back office job-from runner to operations manager- before being accepted into Merrill Lynch’s commodity broker training program and working as an energy futures trader in New York City. He joined the Morgan Stanley family in 2001, where he has built a successful practice, guiding clients towards the realization of their personal financial goals and professional objectives.
Michael draws upon his vast knowledge and experience to provide clients with customized portfolios and tailored advice. His approach begins with a face-to-face meeting to fully understand each client’s goals, values and circumstances. This information serves as the foundation for the development of a comprehensive plan and strategically positioned investment portfolio.
Born and raised in Philadelphia, Michael now lives in West Chester, PA with his wife and business partner, Sherri. Together, they maintain a healthy and active lifestyle that includes ballroom dancing and breeding thoroughbred horses. In addition, Michael is a volunteer, former board member and film screener for the West Chester Film Festival, an international short film event that runs three days every April. These films often serve as inspiration for Michael’s own short films.
Securities Agent: CA, CO, DC, DE, FL, IL, IN, MA, MD, ME, NC, NJ, NY, PA, SC, TN, TX, VA; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
Sherri began her financial services career at Morgan Stanley in 1999. Over the years, she has helped highly successful professionals and their families navigate the many complexities associated with personal finance. As a Family Wealth Advisor and founding partner of The Rittenhouse Group, she delivers a strong sense of dedication, attention to detail and superior planning skills, providing order and structure to complex situations. She is also firmly committed to diversity and inclusion to ensure the needs of the clients and communities she supports are properly served. For Sherri, success is measured in terms of client well-being and goal achievement.
Throughout her career, Sherri has been dedicated to professional development. In 2017, she earned the Certified Private Wealth Advisor® certification, one of the only industry credentials designed specifically for wealth managers who advise high net worth families. Sherri is a CERTIFIED FINANCIAL PLANNERTM, a Chartered Retirement Planning Counselor® and earned the firm’s Family Wealth Advisor designation in 2016.
A strong believer in paying it forward, Sherri founded the Greater Philadelphia Women’s Advisory Council at Morgan Stanley in 2015 and currently serves as its Chair. In 2017, she was nominated to represent the Mid-Atlantic Region on Morgan Stanley’s National Diversity & Inclusion Council and currently serves as Co-Chair of its Business Development sub-committee.
Sherri graduated from Syracuse University with a B.S. degree in Finance and Economics, and was named a Division 1 Field Hockey Academic All-American. Born and raised in Chester County, PA, she proudly resides there with her husband and business partner, Michael DiMenna. Together, she and Michael enjoy traveling, engaging in their community and spending time with their thoroughbred racehorses. Sherri is committed to health and fitness and recently developed a hobby of ballroom dancing into a deep passion and now dances competitively.
Securities Agent: CA, CO, DC, DE, FL, IL, IN, MA, MD, ME, NC, NJ, NY, PA, SC, TN, TX, VA; General Securities Representative; Investment Advisor Representative; Managed Futures
Financial Planning Associate
As an essential member of The Rittenhouse Group at Morgan Stanley, Erika Sosalski works on campaigns to help increase productivity, performs company and market research for clients, and prepares reviews for client meetings. She also handles a multitude of complicated operational and account related activities with the goal of providing excellent client service. She has been a member of the Rittenhouse team since 2009.
Erika is a graduate of the Fox School of Business at Temple University, earning a bachelor’s degree in Business Administration with a concentration in finance. She is both Series 7 and Series 66 registered and obtained the Financial Planning Associate designation through Morgan Stanley.
Prior to working with The Rittenhouse Group at Morgan Stanley, Erika worked with the Morgan Stanley Proprietary Products Division and became a senior member of the team. Erika’s talent was recognized and she was selected to become a member of VISTA, an exclusive concierge service for the top producing financial advisors throughout the country.
A lifelong resident of Philadelphia, Erika resides in the city with her husband. Striving to be a better person and spending time with her husband, Erika’s family and friends bring her the most joy outside of work.
Working closely with you to guide your wealth and investments through the most challenging market cycles.
Creating customized financial strategies for the challenges that today's families face.
Working with you to understand your life goals and develop a truly personalized wealth strategy. Today and for the years to come.
Partnering with you on key aspects of your business such as ownership, liquidity and developing opportunities.
Making sure your philanthropic dollars are managed with the same best-in-class service as the rest of your wealth.
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