Business Details
34 Years
experience
Your Trusted Partner for Comprehensive Wealth Management Solutions
Founded in 1992, Newman Dignan & Sheerar operates as an independent, employee-owned wealth management firm dedicated to helping clients achieve financial freedom. As SEC Registered Investment Advisors and fiduciaries, we serve individuals, families, trusts, estates, corporate entities, and nonprofit organizations with a client-first philosophy. Our team of five seasoned professionals brings over 150 years of combined experience, holding prestigious certifications including Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), and Certified Investment Management Analyst (CIMA). We maintain no proprietary products or institutional affiliations, ensuring unbiased advice aligned with client interests.Our custodial services partner, Charles Schwab Institutional, safeguards client assets while we focus on delivering personalized investment strategies. Through decades of collective expertise, we specialize in retirement planning, estate preservation, and tax-efficient wealth management tailored to each client's unique circumstances. Our commitment to transparency manifests in fee-only compensation structures that align our success with client outcomes. We collaborate closely with legal and tax professionals to create comprehensive financial solutions, emphasizing long-term stability over short-term market fluctuations. This disciplined approach has established us as trusted advisors in Providence, RI, and beyond.
Services
Retirement Planning
Investment Management
Estate Planning
Financial Planning
Wealth Management
Details
- Year established: 1992
Highlights and features
- We act as fiduciaries with legal obligation to prioritize client interests
- Independent employee-owned structure eliminates institutional conflicts
- Team holds top industry certifications including CFP, CFA, and CIMA
- Over 150 years combined experience guiding diverse financial situations
- Fee-only compensation aligns our success with client financial outcomes
Associations and certifications
- CFP
- CFA
- CIMA
Services
Retirement Planning
Our retirement planning service creates comprehensive strategies to ensure financial security during post-work years. We analyze current assets, future goals, and lifestyle aspirations to develop personalized roadmaps. Through phased implementation and ongoing reviews, we help clients navigate pension decisions, tax implications, and healthcare considerations while maintaining long-term investment alignment.
Investment Management
We develop customized investment strategies focused on wealth preservation and growth. Our approach emphasizes tax-efficient diversification, risk management, and long-term market positioning. Through regular portfolio reviews and strategic adjustments, we help clients maintain alignment with financial objectives while minimizing emotional decision-making during market volatility.
Estate Planning
Our estate planning service coordinates with legal professionals to ensure assets transfer according to client wishes. We assist with trust creation, will structuring, and beneficiary designation while addressing tax minimization strategies. The process includes executor selection guidance and legacy planning to protect family wealth across generations.
Financial Planning
We provide holistic financial planning covering cash flow management, tax optimization, and major life transitions. Our approach integrates investment strategies with insurance planning and education funding considerations. By addressing both immediate needs and long-term objectives, we help clients build sustainable financial frameworks tailored to their unique circumstances.
Wealth Management
Our wealth management service combines investment oversight with multi-generational planning. We address complex financial needs including business succession, charitable giving, and intergenerational wealth transfer. Through coordinated professional networks, we deliver integrated solutions that balance growth objectives with risk mitigation strategies.
People
William Newman
Principal and Co-founder
Co-founder with decades of experience in wealth management, guiding clients toward financial freedom through personalized strategies and fiduciary responsibility while maintaining industry leadership.
John P. Sheerar
Principal
MBA-holding principal advisor with extensive expertise in investment strategy and client relationship management, contributing to the firm's growth since its founding in 1992.
Edward D. Buxton
Principal
Senior executive overseeing key operational aspects of the firm, combining strategic vision with hands-on client service experience to maintain the firm's fiduciary standards.
Richard Cavanagh
Senior Investment Advisor
Certified Financial Planner and Chartered Financial Analyst with specialized expertise in portfolio management and retirement income strategies for high-net-worth individuals.
Parker Moffett
Senior Investment Advisor
Certified Investment Management Analyst with over two decades of experience in institutional investment strategies, applying sophisticated analytical frameworks to individual client portfolios.
Questions
What services do you offer?
We provide retirement planning, investment management, estate planning, and comprehensive financial planning services tailored to individual and institutional clients.
Are you legally required to act in my best interest?
Yes, as Certified Financial Planners and SEC Registered Investment Advisors, we have a fiduciary duty to prioritize client interests above all else.
How are you compensated for your services?
We operate as fee-only advisors with transparent pricing structures that align our success with client financial outcomes, eliminating product sales incentives.
What geographic areas do you serve?
While based in Providence, RI, we serve clients nationwide through personalized virtual consultations and strategic partnerships.
How can I schedule an initial consultation?
Contact us through our website or call 401-351-4010 to arrange a complimentary introductory meeting with one of our experienced advisors.
Reviews (2)
Matt Sanderson
Dec 06, 2019
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Erik Manchester has been my financial advisor for years. Highly recommend. Makes the best decisions for my portfolio and caters to my needs. He is a consummate professional and brings integrity to his work day in and day out, and he writes a strong quarterly newsletter and blog posts for the firm as well.
Ann Marie Maccarone
Sep 30, 2019
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Highly recommend this firm. All advisers are extremely professional, experienced, and knowledgeable. I refer many clients to them.
