Below is a letter written by Wally Obermeyer to Obermeyer Wood clients, announcing that Ali Flynn Phillips has been named President at Obermeyer Wood Investment Counsel.
I am delighted to announce that Ali Flynn Phillips has been promoted to the position of President at Obermeyer Wood Investment Counsel. Ali’s promotion is a considered step to elevate our leadership team and provide clarity to our succession plan. With Ali assuming the role of President, I will become Chairman and Chief Investment Officer, dedicating more time to chairing the investment committee and overseeing strategic direction.
Ali joined Obermeyer Wood in 2005 after a decade in the institutional finance sector, where she worked in debt capital markets, corporate derivatives, and strategic planning for Goldman Sachs and Salomon Brothers. Over the past 19 years, she has been my partner in strengthening Obermeyer Wood as a financial firm. In her time on the executive committee, she oversaw firm operations and spearheaded strategic initiatives, contributing to the growth of the firm from $250 million in assets under management to $2.3 billion in 2023. Barron’s, Forbes, and CNBC have all recognized Ali, and our firm, as a top wealth advisor.
I have always believed that thriving organizations prioritize hiring great people and letting them lead with their ideas, passion, and personalities. Ali exemplifies that principle. Her philosophy places clients at the forefront of every decision our firm makes, and she guides our fellow team members to follow her example. Her commitment to delivering wealth management solutions tailored to our clients' needs has been fundamental to our success and the long-term financial health of our clients. Ali also prioritizes building and investing in our team, enabling us to provide more clients with access to exceptional advisors and service. Those who know Ali admire her for her personal and professional leadership—none more so than I.
It is important to note that Ali is recognized as one of the few female leaders in the investment advisory world. Within an industry dominated by men, we are proud to have a leadership team that reflects the diversity of our clients. Her achievements serve as an inspiration for us all.
Please join me in congratulating Ali! I look forward to collaborating with Ali and the rest of our team to advance our shared vision for Obermeyer Wood and further strengthen client relationships built on a foundation of trust, honesty, and communication.
Thank you for your continued partnership. Our team is grateful to have the opportunity to serve you, your family, and the foundations you support.
Sincerely, Wally Obermeyer