News & Insights


Happy Trails to our Founding Partner Paul Abbey!

prafarewell


We celebrate our Chairman and Founding Partner, Paul R. Abbey, upon his retirement from Fairport Asset Management.  Paul has been an integral contributor to the success of our firm.  Over the years, he had led many key client relationships and is an excellent rainmaker and skilled investment professional.

An industry pioneer, Paul founded the Hickory Group in 1988 with a focus on comprehensive wealth management well ahead of the times.  He believed that the more you knew your clients, the better you could serve them.  We continue to embrace that approach that puts the client first in everything we do.

His steady hand and talent for building lasting relationships is evidenced by his many longtime, loyal clients.  In a 2011 video commemorating a Fairport milestone, Paul very sincerely remarked, “We don’t measure our success in dollars or assets managed, but rather in the relationships we have with our clients both now and in the future.  Some of our clients are our best friends.” 

Paul has committed to ensuring a smooth and comfortable transition for each client he has had the pleasure to serve – some for nearly 30 years!  This transition has been carefully planned over the last 18 months and our team structure is designed to provide continuity and continued confidence.

Paul will continue his good work in our community.  A true outdoorsman, Paul is Chairman of the Board of Directors for The Holden Arboretum and The Cleveland Botanical Garden.  He is a proud graduate and Trustee Emeritus of the College of Wooster, where he remains actively involved.  Paul’s retirement will include golf (of course!), travel and time with his family and new grandson. 

Please join us in thanking Paul for his foresight, his expertise and his dedication.  We wish him “s’more” happiness, good health and adventure in retirement.   

Happy Trails from your Fairport family! 

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Fairport is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.

This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.

All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.

This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.