Amherst, NY: Level Financial Advisors has named Steven Elwell, CFP® the firm’s Chief Investment Officer, effective January 1, 2019. Elwell, a partner at the Amherst-based company, most recently served as Vice President. He replaces Richard Schroeder, CFP®, who retired in December after twenty years with the organization.
Elwell was hired by the firm in 2007 and is a CERTIFIED FINANCIAL PLANNERTM professional. He is originally from Arkport, NY and a graduate of SUNY Alfred with a bachelor’s degree in financial planning. In his new role he will continue to serve his clients, along with being on the corporation’s executive board. Additionally, he will chair the firm’s investment committee and guide their overall investment philosophy.
Level manages $385 million in assets for 611 households. They celebrate their 40th anniversary this year. Founded by Alan Vogt in 1979 as Paramount Planning, the company changed its name to Schroeder, Braxton and Vogt in 1999, and rebranded as Level Financial Advisors in 2016. The company has offices in Amherst and Wellsville, and plans to open an additional office in Hamburg this summer.