CLEVELAND--(BUSINESS WIRE)--Wellspring Financial Advisors (“Wellspring”), an independent, fee-only multi-family office offering comprehensive wealth management services to ultra-high-net-worth individuals and families, has appointed Jeff Kadlic as its new President and Chief Operating Officer. Kadlic will provide strategic and operational direction for the firm, with a particular focus on expanding the firm’s suite of services for its clients and driving operational efficiencies.
Kadlic joins from Evolution Capital Partners, where he served as Founding Partner. He brings over 25 years of professional experience across disciplines, including strategic leadership, operational management, client relations, alternative investments, financial management and stakeholder engagement. His insights will support the ongoing development of Wellspring’s client-first culture, rooted in excellence and collaboration. He will report to Wellspring founder and Chief Executive Officer Michael Novak.
“We have a clear vision for Wellspring’s ongoing evolution, firmly anchored by our founding mission and core values,” said Novak. “Jeff shares our team’s enthusiasm for our client-first philosophy and fully supports our mission of delivering quality services that help our clients achieve wellbeing throughout every aspect of their lives. We are excited to welcome him to the team and benefit from his experience and expertise.”
Novak founded Wellspring in 2007 and sought to apply an entrepreneurial and holistic philosophy to working with wealthy families, specifically providing the services and support they need in one place. Built on a culture of trust and client-first mentality, Wellspring has 25 full-time employees who serve client families across the U.S.
“Wellspring has designed a client-first service model that rests on a foundation of strong relationships, trust, personalized service and a deep understanding of its clients’ unique needs,” said Kadlic. “The leadership team is dedicated to continued innovation and evolution, all with the client’s needs and goals at the forefront. I am excited and energized to join the team and align in advancing their mission.”
Kadlic assumes the new role as of Sept. 3, 2024. He holds a Masters of Management Studies from the Kellogg Graduate School of Management at Northwestern University and a Bachelor of Science in Finance from Miami University (Ohio).
About Wellspring Financial Advisors
Wellspring Financial Advisors is an independent, fee-only multi-family office offering comprehensive wealth management services to ultra-high-net-worth individuals and families. The firm was founded by Michael Novak in 2007 and seeks to meet the multidimensional needs of wealthy families. Its core services include investment management and oversight, integrated wealth planning and family governance and education. Headquartered in Cleveland, Ohio, Novak serves as the firm’s Chief Executive Officer. For more information on Wellspring, please visit https://www.wellspringadvisorsllc.com/.
