The Jupiter, Florida-based RIA, SlateStone Wealth, announced a strategic partnership with Temperance Partners, a private investment firm backed by Family Office capital, with a long-term focus.
“Our relationship with the SlateStone team goes back many years, and we are thrilled to partner again with such an experienced and entrepreneurial group to help drive this next phase of SlateStone’s growth,” said Kevin Tice of Temperance Partners.
Patrick Tylander, Co-Founder and Co-CEO of SlateStone, stated that the “investment represents a mutual respect and a shared commitment to the values on which we founded the firm.”
With this investment, Temperance becomes a minority shareholder in SlateStone. Kevin Tice and Jason Seltzer join the firm’s Board of Directors.
“This collaboration with Temperance Partners comes at a pivotal time in our growth trajectory,” said Sherri Daniels, Co-Founder and Co-Managing Partner of SlateStone. “It also reinforces our commitment to expanding our wealth management services, providing exceptional client service, and offering unique alternative investment solutions.”
SlateStone Wealth serves high and ultra-high-net-worth individuals, families, and the advisors who support them. The firm specializes in comprehensive wealth management and customized asset management, incorporating both traditional and alternative investments into client portfolios. The company currently manages nearly $2 billion in assets, according to the information provided by the firm.
For Amaya Uriarte