Phoenix, AZ, March 18, 2019: Daniel Isard, Managing Partner of The Foresight Companies, and Adam Sheer, Co-Chief Executive Officer of The Roosevelt Investment Group, Inc. (Roosevelt Investments), announced today they have entered into an agreement to provide support to each other’s clients and to jointly market to the funeral and cemetery professions. “Our company has continued to evolve for over the past four decades. We continually strive to find innovative services that our clients need. We identified that we needed a company to refer our clients to that reflects our values in how we treat our clients
and provides solutions to meet their additional needs, Isard stated. “Doug Gober and Adam Sheer have had a great relationship for many years. Almost 20 years ago I spoke with Adam as he expressed his desire to have a greater presence in the funeral and cemetery worlds. After months of due diligence on both sides, we have concluded that Roosevelt Investments
is the company we need to align with,” Dan added.
“I am thrilled that Roosevelt Investments will be collaborating with The Foresight Companies to provide additional value added services for our clients,” said Adam Sheer. “Many wealth managers claim to provide comprehensive planning, but only advise clients on their liquid wealth which, in the case of a funeral home owner or cemeterian, pales in comparison to the true value of their business. Through our new collaboration, our ability to refer clients to The Foresight Companies for M&A services, valuations, accounting and human resource consulting will allow us to offer truly comprehensive planning. Additionally, we are honored to work with, and learn from, two industry icons and thought leaders, Dan Isard and Doug Gober and the entire Foresight team.”
Roosevelt Investments is a privately held boutique advisory firm, which traces its roots back to 1971, when P. James Roosevelt, a cousin of former President Theodore Roosevelt, founded the investment advisory firm. The firm manages assets for endowments and individuals, including several members of the Roosevelt family, as well as the Theodore Roosevelt Association. Roosevelt presently advises on approximately $2.3 billion in assets (consisting of approximately $2.2 billion in assets under management and approximately $67 million in programs where it supplies an investment model) as of February 28, 2019.1 Of those assets under management, about $306 million come from working with funeral homes, cemeteries, and their owners.
“Through my past relationship with Roosevelt Investments, I have found them to be a source of skilled investing and attentiveness to their clients. In this case, the client is me!” said Doug Gober, Partner of Foresight. “I began working with Roosevelt after I first met Adam at the Death Care Management Conference and have respected their contributions to that annual event. I am even more excited to have them take care of our clients’ needs for the future,” he added.
Foresight Roosevelt Wealth Management aims to reinvent financial planning. We will provide holistic resources for business management, personal wealth investment, asset protection, business succession and estate planning. No matter the age of the client, we can help them craft an individualized plan to seek financial independence upon retirement or if they die or become disabled before retirement. The power of our alignment has not existed for the service of business owners in our professions.
The Foresight Companies, LLC. is located in Phoenix, AZ, with offices in Louisiana and Oklahoma. The Foresight Companies, LLC. is the premier provider of integrated financial and management consulting services including valuations, accounting, family transition, strategic planning, merger, acquisition, and financing. Roosevelt is located in New York City with clients throughout North America. For interview requests of Dan, Doug or Adam please contact Catherine Belliveau at 602-274-6464.
1 Assets under advisement figures for 02/28/2019 (and as incorporated into total firm assets for 02/28/2019) exclude assets under advisement from a model-based program that Roosevelt’s All Cap Core Equity Strategy participates in. The program sponsor has not yet provided Roosevelt with these asset figures for 02/28/2019.
