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Wescott Financial Advisory Group
Grant Rawdin established the firm in 1987. It began as an extension of his tax and business law work and evolved into a fee-only RIA structured as a...
Wescott Financial Advisory Group
Grant Rawdin established the firm in 1987. It began as an extension of his tax and business law work and evolved into a fee-only RIA structured as a multi-family office. The firm advises multigenerational clients on coordinated wealth planning rather than product distribution. Wescott deploys capital across public equities, real estate, private equity and philanthropic vehicles. It maintains a fund-of-funds posture supplemented by indicated direct co-investments. Confirmed holdings include positions in Vanguard S&P 500 ETF, Invesco QQQ and Broadcom. Geographic exposure spans North America, Europe, Asia and Africa. The firm completed acquisitions of Goodstein & Associates in 2015 and Asset Planning Services in 2021, adding client bases and office locations in Harleysville. The firm reports 3,725 million USD in assets. It operates offices in Philadelphia, Harleysville and Miami. Grant Rawdin participates in YPO and the CNBC Advisor Council. In 2025 the firm received recognition on multiple advisor rankings including CNBC Financial Advisor 100 and Forbes Top RIA Firms. It holds Certified B Corp status since 2020. Wescott maintains a multi-manager platform that delegates execution to sub-advisors while retaining oversight of tax, estate and impact mandates. This structure separates the firm from single-strategy boutiques and from pure fund-of-funds vehicles that lack direct planning integration.
General information
Firm type
Multi Family Office
Year founded
1987
Location
Region
North America
Country
United States
City
Philadelphia
Corporate office
30 South 17th Street, Philadelphia, PA 19103
Additional offices
Harleysville, PA, United States · Miami, FL, United States
Principals
Grant Rawdin
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Wescott Financial Advisory Group?
Grant Rawdin founded the firm and continues to shape its investment and planning approach. Day-to-day portfolio decisions occur through a multi-manager platform that selects sub-advisors for specific strategies.
How does Wescott Financial Advisory Group source proprietary deal flow?
The firm sources through acquisitions of other RIAs and through relationships developed by its founder in legal, philanthropic and professional networks such as YPO and the Philadelphia Museum of Art.
Is Wescott Financial Advisory Group structured as a single family office or does it operate more like a venture firm?
It operates as a multi-family office and fee-only RIA. It does not function as a venture firm and maintains no direct deal program beyond indicated co-investments.
Does Wescott Financial Advisory Group participate in fund commitments or only direct deals?
The firm uses a fund-of-funds approach confirmed in its investment focus records. It supplements this with public equity holdings and occasional direct positions such as the 2021 acquisition of Asset Planning Services.
What investment stages does Wescott Financial Advisory Group typically target?
The firm focuses on established public market strategies and real asset exposure rather than early-stage venture. It maintains allocations to large-cap equity ETFs and select private equity vehicles.
Where does the underlying wealth come from?
Wescott serves external affluent families, entrepreneurs, trusts and institutions. No single family wealth origin is disclosed as the source of the firm itself.
Does Wescott Financial Advisory Group maintain philanthropic structures, and how are they separated?
The firm offers philanthropic advisory services and holds B Corp certification. Grant Rawdin serves on boards including Temple Law School Foundation and Urban Affairs Coalition, kept separate from client mandates.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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