In his role as Senior Client Advisor, Pete provides investment and wealth advisory services to individuals and their families. Pete develops very strong personal relationships with his clients which helps him to provide them with the best solutions to meet their financial objectives. Pete is the chair of the firm’s Communications Committee.
Pete shares his financial expertise serving on the Boards of five endowments and foundations in the Baltimore area. He presently serves as Treasurer and Board Member of The Associated and is past president of The Associated Jewish Charities of Baltimore and a former Board Member of Sinai Hospital. Additionally, Pete serves on the Board of Trustees at The Park School and on the Investment Committee of LifeBridge Health.
Pete received his Bachelor of Science degree in Business Administration with a concentration in Finance and Marketing from Washington University in St. Louis.
Prior to joining WMS Partners, he was Senior Vice President at Morgan Stanley Smith Barney. Pete has over 47 years of investment management experience, including 29 years with Legg Mason Inc. where he worked as a senior executive in the asset management division. He also served as President and CEO of Legg Mason Capital Management, which he founded. As President, he led the firm's growth to $5.3 billion in assets under management, serving both individual and institutional investors.
Many of my clients were in need of someone to monitor all aspects of their financial life. I understood the full spectrum of their affairs and wanted to use my knowledge to help them develop financial plans that would benefit them and their families.
The best thing of what we do is that we are always working in our clients’ best interest. Since we don’t have any conflicts to worry about, we can develop strategies and solutions that work best for each client. Additionally, the team approach of working together with other professionals, in a congenial atmosphere, makes for a very good work environment.
There is nothing that I derive greater satisfaction from than helping other people. The reward of knowing you have made a difference in someone’s life and helped them chart a coherent financial path for the future is extremely gratifying.
The most memorable experience for us has been our two trips to Africa where we have been on safari.