Ben makes it his mission to educate, inform and help clients feel secure in the decisions they make about their financial lives. At Kore Private Wealth, he feels personally responsible to keep laser-focused on delivering the very best for its clients through properly calibrating the firm’s service model, actively thinking about investment philosophy, making connections for clients and delivering the highest quality technology available in the marketplace. He also takes great pride in having built a great firm culture and presence.
Ben began his career in 1978 in the municipal bond business at LF Rothschild Unterberg Towbin. He ran Kidder Peabody’s New York Regional Municipal Bond department and managed fixed income portfolios for Salomon Brothers’ Private Investment Department in the early 1990s. It was at Salomon that he discovered his affinity for private wealth and a wealth management model that made the most sense to him: serving fewer, larger client relationships with a comprehensive approach to their financial lives.
In 2003, Ben partnered with Eric Bodner to found the Bodner Sax Group, one of the first teams at UBS to deliver services exclusively to ultra-affluent clients. In 2009, they moved their team to Merrill Lynch Private Banking and Investment Group and now, with their partners, have established Kore Private Wealth to continue to evolve their business model and anticipate and meet the ever-growing needs of their clients.
Vice Chair and member of the Board of Directors for the Anti-Defamation League (ADL), Ben also helped to revamp of the organization’s governance structure to bolster leadership, accountability and transparency to sustain the organization’s long-term future. He has a deep appreciation for the arts, and his two children are professional artists, one a writer/actor/musician and the other a poet. Ben’s wife, Hollis, is a full-time photographer. They live in Larchmont and Sag Harbor, New York.
BA, double major in psychology and art history, Bowdoin College
Between 2009 and 2017, Barron’s Magazine recognized Ben as one of either the Top 1,000 or the Top 1,200 Advisors State by State. The Financial Times named Ben as one of its Top 400 Financial Advisors in 2015 through 2017. He’s also on the newly created Forbes Best-In-State Wealth Advisors for 2017. In addition, Ben was a 2017 finalist for the Invest in Others Award, which recognizes the charitable work of financial advisors and financial services companies in communities across the country and around the world.
Since getting into wealth management in the mid-1990s, it has been surprising to see the evolution of firms and platforms that deliver advice, products and services to the growing needs of ultra-wealthy clients. The emergence of registered investment advisors (RIAs) is making a dramatic impact by being able to service clients in a more personal, tailored and nimble way. For a long time, large traditional firms were the only game in town. Now they are too big and diversified to quickly make the necessary adjustments to properly serve their clients. Financial technology has progressed dramatically, and it has been difficult for big firms to adapt to take advantage. Large firms also have many businesses to tend, feed and grow, while RIAs are focused on one business – delivering the best service, with the most competitive products and the most up-to-date technology.
In a word – culture. As teams grow, it’s incredibly important to find the right combination of personalities and expertise to enhance the team and elevate the offering. Yes, we look for very smart, hard-working people, but they must be “we” focused in a way that allows the firm to grow and makes their teammates even better. We strongly encourage creative thinking – if you have a better way to do things, we want to hear it. Our people need to have a high degree of empathy, be endlessly curious, and be forward-thinking so they can anticipate needs and spot issues to make the best possible connections for the clients we work with.