NEW YORK—June 11, 2018 – Icon Wealth Partners, a privately-held, independent wealth advisory firm headquartered in Houston, TX, today announced that they have expanded their investment team with the hiring of Mike Cregan, Managing Director and Head of Fixed Income Strategies. Mr. Cregan will also join the firm’s Investment Committee.
At Icon Wealth Partners, Mr. Cregan’s responsibilities will be to develop, manage and enhance the firm’s fixed income capabilities across multiple strategies including ultra-short tax-free, taxable and tax-free fixed income portfolios.
He will work closely with Mark McAdams, one of the firm’s Founding Partners and head of the firm’s Investment Committee. Icon Wealth Partners serves a select clientele of high net worth individuals, business owners and professionals across the US.
“Mike brings extensive investment expertise in developing customized fixed income portfolios for high net worth investors. With Mike’s experience and background, we are confident that we will be able to provide our clients a superior, more competitive fixed income solution with a more personalized overall client experience.” said Mr. McAdams. “We are thrilled to welcome Mike to the Icon team.
According to Blake Pratz, Founding Partner, “Adding someone with Mike’s experience and background is a key element to our overall growth strategy. We have positioned Icon Wealth Partners as a destination for high performing advisors by investing in a first class platform and outstanding people. For like-minded advisors, we provide the scale and resources to compete and win in the marketplace and we plan to continue to expand on this business strategy through the selective addition of successful financial advisors.”
According to Mr. Cregan, “Icon Wealth Partners is an innovative firm with impressive capabilities and experienced professionals. I am excited to work with our clients to provide a more tailored experience managing their fixed income portfolios. As Icon attracts additional advisors to the firm, I look forward to working with those advisors and their clients to provide truly customized fixed income solutions”.
A 30+ year veteran of fixed income management, Mr. Cregan began his career in 1985 in Paine Webber’s institutional fixed income group in New York City. While at Paine Webber, he worked with some of the nation’s largest institutional fixed income clients including major money center banks, Fortune 500 insurance companies, and institutional money managers. In 1990, Mike moved to Houston to continue his career in institutional fixed income markets with Underwood Neuhaus, and later Texas Commerce Bank, Chase Securities, and JP Morgan Securities.
In 2002, Mr. Cregan was recruited to manage Houston-based financial advisory firm Avalon Advisors’ taxable and municipal fixed income platforms. Under his leadership, his group initially managed $75 million in assets and by 2011 was managing over ~$1.5 billion of fixed income assets.
Mr. Cregan is a graduate of Washington and Lee University in Lexington, VA where he earned a B.A. in Economics in 1985 while playing on the Generals basketball team.
About Icon Wealth Partners
Icon Wealth Partners was launched as an independent advisory firm in February of 2017 by three founding partners – Mark McAdams, Blake Pratz, and Steve Schwarzbach. Icon Wealth Partners is based in Houston, Texas and is one of the largest independent advisory firms in Texas. Icon Wealth Partners serves a select clientele of high net worth individuals, business owners and professionals Icon Wealth Partners is also a member of the Dynasty Financial Partners Network. For more information, please visit www.iconwp.com.