Benjamin Newhouse says his goal is to instill confidence and peace of mind for his clients as it relates to their wealth.
“I seek to simplify complex investment strategies and tactics,” he says, and “empower my clients in becoming more productive stewards of their wealth while also better protecting it from loss.”
Newhouse founded Vineyard Asset Management LLC in 2007. Between 2016 and 2018, he grew his assets under management by 34% to more than $216 million and his 223 clients represent a net worth of approximately $840 million. The firm specializes in wealth management services for physicians, high net-worth individuals, and self-employed or business owners, as well as corporate benefits programs.
When working with businesses, Newhouse says he helps clients strengthen and create more competitive benefits packages while decreasing costs.
“I have helped business owners strengthen their operations by better equipping them to retain their most valuable asset – their employees,” he says.
But he is not only a wealth manager. He also is a certified public accountant and a lawyer, and these traits work together to serve clients from multiple angles.
“I use these complementary skills to better coordinate a client’s wealth management plan with his or her existing attorney and CPA,” Newhouse says. “For example, I have helped business owners provide various types of tax-deductible benefits to themselves, while protecting the value of such benefits from potential creditor or legal judgments, and while simultaneously serving to resolve a deficiency within their personal estate plans.”
Newhouse also uses his talents to serve on the board of directors for The Bank of Missouri. He says his counsel supports the bank’s commitment to giving back to the community and to keep its financial health strong.
“Ben is a fine, upstanding individual with impeccable character and a true compassion for his business, church and the community,” says Mick Nitsch, regional president for The Bank of Missouri. “While having a great business mind and exceptional work ethic has contributed greatly to his success, his staff is an integral part of his achievements and is seen as part of his extended family. He leads by example, and his staff has the most respect for his leadership.”
Newhouse also uses his expertise to give back to the Good Samaritan Boys Ranch as a member of its board of directors.
He says he helps the nonprofit – which supports boys with behavioral challenges or issues at home – be a good steward of its finances.
“We are then proactively able to break the various cycles of generational abuse and ultimately equip these youths to live rewarding lives,” he says.
Across all his work, Newhouse maintains Vineyard Asset Management’s mission to instill clients with the satisfaction and peace of mind knowing their wealth is in good hands.
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