AllianceBernstein Appoints Ashley Velategui as Head of Wealth Strategies Group
- AllianceBernstein appoints Ashley Velategui as head of Wealth Strategies Group, effective May 9, 2025.
- Velategui's experience aims to enhance offerings for high-net-worth clients, particularly in West Coast markets.
- The firm focuses on innovation and personalized service in wealth management, following Tara Popernik's departure after 20 years.
AllianceBernstein Strengthens Leadership in Wealth Management
AllianceBernstein L.P.'s Private Wealth Management division announces the appointment of Ashley Velategui as the new head of its Wealth Strategies Group, effective May 9, 2025. Velategui, a seasoned professional with 18 years of experience at Bernstein, brings a wealth of expertise and leadership to her new role. Since joining the firm in 2011, she has played a crucial role in shaping the Wealth Strategies Group, which provides tailored financial planning, philanthropy, income and estate tax planning, and investment implementation services to high net worth and ultrahigh net worth clients nationwide. Her experience positions her well to navigate the complexities faced by significant wealth holders, and her appointment is seen as a strategic move to bolster the firm's offerings in this competitive sector.
Reporting to Alex Chaloff, who has led the $137 billion Bernstein platform since 2023, Velategui’s promotion is expected to enhance the firm's strategic focus on high-net-worth clientele, particularly in the West Coast markets where she has made substantial contributions. Chaloff commends her leadership qualities and her ability to drive growth, particularly through her recent role as National Director of Planning Research. In this capacity, she developed the Wealth Strategies analyst team and refined the Wealth Forecasting System, ensuring that clients receive cutting-edge advice and strategies tailored to their unique circumstances.
Velategui’s enthusiasm for her new leadership position reflects her commitment to guiding clients through the complexities of wealth management. Her focus on personalized service aligns with Bernstein Private Wealth Management's mission of helping clients effectively manage their assets. This leadership change comes on the heels of Tara Popernik's departure, who has led the Wealth Strategies Group for 20 successful years. Bernstein expresses gratitude for Popernik's contributions and wishes her success in her future endeavors, indicating a smooth transition as the firm continues to prioritize its high-net-worth clientele.
In addition to the leadership transition, Bernstein Private Wealth Management remains focused on developing comprehensive strategies that address the multifaceted needs of its clients. The firm's commitment to innovation and excellence in client service is underscored by the strategic appointments and the emphasis on enhancing its advisory capabilities. As the wealth management landscape evolves, Bernstein is poised to leverage its deep expertise to provide valuable insights and tailored solutions to its esteemed clientele.