Crown Wealth Group Expands Expertise with New Managing Director, Scott Drake
Charlotte, NC – October 23rd 2024 – Crown Wealth Group is thrilled to announce the addition of Scott Drake as Managing Director at the firm’s Charlotte office. Scott joined Crown Wealth in the fall of 2024, bringing with him valuable experience and a deep passion for strategic advisory and financial markets.
In his new role, Scott will provide comprehensive advice to high and ultra-high-net-worth families through the firm’s family office structured Personal CFO solution. His role involves working with a team of internal and external experts to coordinate, enhance, and improve upon a family’s entire wealth picture. With a keen understanding of the complexities in today’s financial landscape, Scott is dedicated to bringing clarity, transparency, and accountability to the unique needs of his clients.
Before joining Crown Wealth, Scott enjoyed a distinguished 22-year career in Corporate and Investment Banking at Wells Fargo, where he served as Director of Commercial Rates and FX Solutions. His tenure at Wells Fargo involved managing foreign currency risk and navigating global interest rate markets, while also overseeing the junior talent development program across the East Region. This extensive background in financial markets and risk management has equipped Scott with a strategic outlook and a passion for delivering tailored advisory services.
“Scott’s transition from institutional finance to personal wealth management marks a significant enhancement of our expertise,” said Nick Kolbenschlag, CEO at Crown Wealth Group. “His experience in strategic advisory and his commitment to client success align perfectly with our mission to provide consolidated advice across a client’s entire wealth picture. We are excited to see the impact Scott will have on our clients and our firm.”
Scott holds a bachelor’s degree in finance with a concentration in risk management from Virginia Tech. After graduating, he moved to Charlotte in 2002, where he now resides in Myers Park with his wife, Lauren, and their daughters, Stella and Nora. Outside of work, Scott enjoys spending time with his family, golfing, working out, cooking on the Big Green Egg, and traveling. His personal interests and commitment to family life resonate with the values that Crown Wealth upholds.
“It was after becoming a Crown Wealth client myself that I realized how special the Personal CFO solution was – not to only coordinate all financial advice, but to also provide family continuity for generations to come. It was at that time that I decided to shift my passion for strategic advisory and financial markets from the corporate sector to the personal side. The firm’s vision and innovative approach resonate deeply with me, and I am eager to work with such a talented team.”
For more information about Crown Wealth Group and its services, please visit www.crownwealthgroup.com.