LANCASTER, PA (February 9, 2022) – RKL LLP today announced the promotion of William M. Onorato, JD, MBA, to leader of its Family Office Practice, which offers a comprehensive suite of services to manage wealth at an enterprise level.
“There are many challenges and responsibilities associated with maintaining an upward trajectory of wealth across multiple generations,” said RKL CEO Ed Monborne. “Thanks to Bill Onorato’s leadership and expertise in life and legacy planning, we’re well-positioned to support families with complex and significant needs through our Family Office Practice.”
RKL’s Family Office Practice streamlines wealth management for ultra high net worth families with a variety of advisory, administrative, support and investment services. Through comprehensive service from their RKL team, families gain increased clarity and confidence around their long-term financial goals.
Since joining RKL in 2019, Onorato has led efforts to formalize the Family Office model, coordinate internal resources and expertise in finance, technology and wealth management and provide ultra high net worth families a proactive and holistic experience. He previously served as a Senior Wealth Strategist with RKL Wealth Management, where he advised high net worth families on multi-generational planning, business succession, estate and gifting strategies and philanthropy.
Onorato earned his B.S. in Finance and MBA from Loyola College and his Juris Doctor from the University of Baltimore. He is a member of the Baltimore Estate Planning Council and resides in Bel Air, Maryland with his family.