Angeles Wealth Management has appointed Jonah Cave as its new Chief Growth Officer, a role developed to enhance the firm’s strategic expansion. This announcement comes as Angeles Wealth continues to experience significant growth, boasting assets under management of approximately $2.6 billion, reflecting a more than tenfold increase since early 2018.
Based in Dallas, Texas, Cave brings over 30 years of experience in capital markets, private investments, and wealth management. His new responsibilities will include driving business development initiatives and enhancing client engagement, particularly within the high-net-worth and ultra-high-net-worth segments. Cave aims to create a strategic business development program that supports advisor growth while also identifying opportunities for inorganic growth.
In his own words, Cave expressed enthusiasm for his new role: “I’m energized by the opportunity to help our advisors share our story and unlock new opportunities across the firm.” He highlighted key markets such as California, New York, and Texas, noting that there are significant opportunities to serve families with sophisticated financial needs.
Cave also emphasized the evolving landscape of wealth management. “As the industry awakens to the convergence of advisory needs between private wealth and institutional clients—and the solutions and services required across the advice continuum—Angeles Wealth is uniquely positioned and truly independent,” he stated. He believes that the firm has already established a robust platform that supports its objectives.
Before joining Angeles Wealth, Cave served as Senior Managing Director and Head of the Partner Relations Team at CH Investment Partners, a multi-family office now part of Cresset Capital. In this role, he focused on managing growth and building relationships with single- and multi-family offices. His previous experience includes senior leadership positions in the global equity divisions at Merrill Lynch, Bank of America Merrill Lynch, and UBS, where he was responsible for managing large institutional client relationships and teams.
Jonathan Foster, President and CEO of Angeles Wealth, praised Cave’s appointment, stating, “From day one, Angeles Wealth was built to give families access to the same institutional-quality investments available to billion-dollar organizations and on the same terms. Jonah understands the power of our integrated model and brings the leadership needed to advance our growth to serve more families and deepen collaboration with our institutional team.”
Cave’s extensive background in the financial services sector positions him well to lead Angeles Wealth into its next phase of growth. As the firm looks to expand its reach and enhance its service offerings, Cave’s leadership will be critical in navigating the evolving demands of wealthy families.
This strategic move underscores Angeles Wealth’s commitment to providing tailored financial solutions while continuing to grow its client base in a competitive market.
