PHILADELPHIA--(BUSINESS WIRE)--Bennyhoff & Co., a fractional chief investment officer (CIO) business serving fiduciary registered investment advisors (RIAs), today announces its official launch. Founded and operated by Don Bennyhoff, CFA®, Bennyhoff & Co. was created to serve planning-centric RIAs who are seeking the benefits and expertise of a seasoned CIO without the high costs of hiring one.
With over 30 years of experience in financial advice and wealth management, Bennyhoff is uniquely positioned to help RIAs enhance their brand and grow their client base. A co-creator and co-author of Vanguard Advisor’s Alpha™, Bennyhoff excels in not only building durable investment strategies and model portfolios, but also helping financial advisors simplify communications around the complexities of wealth management with their clients. His focus on proactive behavioral coaching is designed to empower advisors to further demonstrate their value proposition and improve the probability of a positive investor and investment experience.
“Bennyhoff & Co. aims to serve RIA firms where too few people are wearing too many hats. These are firms that want to dedicate more time to their clients, but are simply unable to because they’re spread too thin,” said Bennyhoff. “Our cornerstone philosophy is simple: time is an asset to be invested, not spent, and your ‘return on time’ should be of paramount focus. Our firm provides experience and expertise that few can match in the industry, enabling our partner firms to invest more time in building the client relationships that grow their businesses.”
A proponent of strategic, low-cost investment strategies, Bennyhoff & Co. plans to partner with a small number of growth-minded RIAs who philosophically align with the firm’s six guiding principles:
- Success is driven by investor behavior, not investment products
- Investment markets are generally efficient over time
- Diversification and asset allocation are the most effective risk management tools
- The most reliable source of higher returns is lower investment costs
- It does not make economic sense over the long-term to attempt market timing
- Simplicity is the ultimate sophistication
Prior to launching Bennyhoff & Co., Bennyhoff served as CIO and chairman of the investment committee at Liberty Wealth Advisors (Liberty Wealth), a $1.7 billion RIA, before its sale to Prime Capital Financial in 2022. While at Liberty Wealth, Bennyhoff oversaw the firm’s investment and portfolio construction methodology, created insightful investment education content, and provided its advisors and clients with ongoing coaching and behavioral finance guidance.
Bennyhoff previously spent nearly 23 years at investment management firm Vanguard, retiring from his role as a senior investment strategist in 2020. During his tenure at Vanguard, he co-authored the Advisor’s Alpha research, led a team that created ETF model portfolio solutions for advisors, and served as a senior financial advisor, managing approximately $400 million in assets for about a dozen families.
“The launch of Bennyhoff & Co. is a testament to Don’s deep commitment to advancing the field of wealth management. Having worked closely with Don for years, I’ve seen firsthand his exceptional skill in blending strategic insight with a genuine dedication to client success,” said John Bergmann, CPA, CFP®, and former president at Liberty Wealth. “RIA firms choosing to partner with Don’s new firm can expect solid solutions and a thoughtful long-term approach, helping to ensure their needs are met with expertise and dedication.”
Bennyhoff & Co. carefully vets all prospective RIA clients to ensure alignment with the firm's services and guiding principles. Once a partnership is established, Bennyhoff & Co. provides customized support based on each firm’s unique needs, aiming to maximize value for the firm and its investors.
For those interested in more information, please visit bennyhoffllc.com.
About Bennyhoff & Co.
Bennyhoff & Co. is a fractional CIO business focused on serving growth-minded, planning-focused RIAs. Founded and operated by former Vanguard investment strategist Don Bennyhoff, Bennyhoff & Co. is designed to serve fiduciaries who are seeking the expertise and investing acumen of a seasoned CIO without the high costs of hiring one. Bennyhoff & Co. provides its partner firms with personalized solutions designed to meet their unique needs, including proactive behavioral coaching for advisors and the firm’s clients, investment evaluation, construction, and communication, and proprietary white-labeled wealth management and marketing collateral. For more information about Bennyhoff & Co. and its service offering, please visit bennyhoffllc.com.
