- December 24, 2024 10:54 am
- California
A forward thinker, Joshua D. Rogers is always focused on the future. His vision was to introduce a smart, sophisticated approach to investing and wealth building. Since founding Arete Wealth in 2007, he’s done just that. Joshua’s brought an endowment-style of asset allocation to a broader audience of investors. From hedge funds to bespoke investments, his dream was to bring a new perspective to investing. Arete Wealth is the embodiment of that vision: a dynamic, energetic, comprehensive wealth management firm focused on the future.
The firm’s mission is to offer comprehensive wealth management that builds favorable financial futures for investors, clients, and partners. This focus and long-term thinking mean that even in times of uncertainty, there is stability.
Joshua’s leadership is firmly rooted in his belief that people always come first: clients and advisors. That human approach has led to meaningful relationships that have stood the test of time, offering guidance and support. As CEO, Joshua is the steward of the firm’s financial management products and services, offered through more than 100 offices and over 265 advisors nationwide. The firm has boasted year-over-year revenue growth every year under Joshua’s tenure since he founded the company in 2007.
Arete Wealth stands out from the crowd because they have a human approach: Human connection is required, and personal relationships are a must. “When you call our firm, you will always speak to a live person, and you’ll be guided to the best outcome for your personal needs,” says Joshua. Arete Wealth also offers alternative investments that other firms may deem “unconventional” because they haven’t taken the time to perform the deep, experienced, and proper due diligence Arete Wealth can. The firm is primarily focused on conventional investment securities, with a specialty of 20-30% allocation of interesting, bespoke alternative investments. This allows clients to diversify their portfolios and invest in their passions, along with a more traditional approach to investing.
Arete Wealth offers traditional wealth planning and asset management as well as connections to third-party money managers who typically work with retail investors. This means investors with the firm may access endowment-type investing traditionally reserved for institutions. “Because there’s always risk present, our extensive due diligence team conducts their own research on products to seek the best fit for our clients,” adds Joshua. Arete Wealth also offers lifestyle consulting through our Art & Wine Advisory, a program that integrates wealth management success with exploring personal passions. They promote art, wine, and other fine collectibles with a savvy approach and high standards – at any desired investment level. Working with both experienced aficionados or interested novices, their expert advisors find the right lifestyle investments at the right value for the clients.
“What’s unique about our firm is the variety of investment products we offer, many tailored to the accredited investor with discerning or unique wealth goals. There are numerous times our advisors have shared their investors were able to reach – and even exceed – their retirement goals, philanthropic goals, and other life milestones, all attributed to their wealth management partners, us humbly among them,” says Joshua.
Not only has Arete Wealth seen year-over-year revenue growth every year under Joshua’s tenure since he founded the company in 2007, but they’ve done so with an incredible team of advisors. Arete Wealth’s approach to investing and focus on people has established meaningful relationships that stood the test of time. The road to wealth and lifelong fulfillment is one best traveled together. “Our advisors are here to guide clients through a curated, broad array of investments covering a variety of sectors,” explains Joshua. “Everything we do is rooted in the depth of our due diligence and careful attention to detail. Every investment is selected with care, from financial professionals who are masters of their craft. We manage wealth with an eye for what stands out amongst the rest to guide clients to their intended destination.”
In regards to technology, Arete Wealth is at the forefront of financial services software. The firm offers a proprietary TAMP (Turnkey Asset Management Platform) that presents both advisors and investors with real-time, dynamic data relating to investments, reporting, performance, and much more. Arete Virtu is a comprehensive view of wealth management and can only be found at Arete Wealth. Virtu answers clients’ demands by giving them access to their investment strategies and performance anywhere, any time.
Arete Wealth recently acquired Center Street Securities in early 2021. Heading into 2021 following the formal acquisition, Arete Wealth will have $5.5B of assets under management and 265 registered representatives nationwide, a 75% increase in reps. The deal will grow Arete Wealth’s revenue by 40%. Center Street is the perfect complement to Arete Wealth for many reasons. “Among them, we both share a strong belief in endowment-style investing for our high-net-worth clients,” says Joshua. Arete Wealth specializes in bespoke alternative investments, and adding Center Street’s strength in this area to our industry-leading position makes us the premier choice for alternative investment prowess. The companies will strategically combine their entities throughout 2021. After an appropriate period of integration, both firms will present under the Arete Wealth, Inc. brand. “This gives our clients and advisors the opportunity to work with a firm that can leverage the power of the two firms, while still providing the human touch they know.”
The Unique Solutions
The company offers powerful Systems on Chips (SoCs) and a software suite for creating customized solutions. And the current flagship is HyperX Midnight, a radiation-hardened supercomputer class SoC designed for use in LEO, MEO, and GEO (low-, middle-, and geosynchronous earth orbit) satellites.
HyperX Midnight, soon after its release, became the most advanced space processor available, with roughly four times the computing throughput at half the power demand of competitive chips.
“This is a significant step, as performance and power consumption control the magnitude of a satellite. We put enormous performance in a small package with low power obligations, so our customers can use much smaller satellite busses (chassis) which conserves millions in launch budgets,” says Walt. Another key feature of Coherent’s HyperX multi-chip modules compared to its competitors is that its chips are C-programmable and use familiar tools and debugging processes. “The solutions can be built on our chip in about 6 months whereas competitive FPGA offerings usually require 24 months of development time using complex hardware development languages and a very difficult process called timing closure,” he adds.
Coherent Logix’s SoCs are also completely reprogrammable, even in space, and can modify tasks in less than 50ns (nanoseconds). These two elements combine to create a huge advantage. Coherent Logix can make four products in the time our competitors take to build just one, and we can continuously enhance those products even if they are in orbit around the Earth.
These attributes herald back to Coherent Logix’s patented invention: the HyperX fabric. And this fabric is common to all Coherent Logix’ chips – both Space-qualified and terrestrial – so these advantages are available whether users are building a satellite, 5G cellular, secure networks, AI platforms, or 8K video encoders. Coherent Logix has served the Space 2.0 and Defense markets for 15 years. High-performance computing (HPC) with low power draw, on-orbit programmability, and ease of modular multimodal MCM design are the keys to success in these markets according to Walt.
The Leader who Makes the Difference
Walt Gall, Ph.D. serves as CEO on Coherent Logix’s executive management team. He is a business leader who builds world-class AI teams, products, and strategic partnerships for top-tier start-ups (Saffron, Intel acquisition) and large corporations (Amazon Devices, Meta (formerly FB).
As CEO of Coherent Logix, the leader in low-power, high-performance C- programmable processors for the embedded systems market, he recently helped guide the company through a funding initiative that raised $85 million.
Under Walt’s leadership, in early 2023 Coherent Logix launched HyperX Midnight, the world’s most advanced space processor, with roughly four times the computing throughput at half the power demand of competitive chips. Coherent Logix is currently in its fourth generation of HyperX processors for Space 2.0 and Defense, Connected Devices, and Media & Communications industries. The company has been granted more than 375 patents and 125 patents are pending.
Over the past decade, Walt has held various leadership roles on executive teams, including Amazon Alexa AI, Meta’s AR/VR and AI divisions, and Intel AI, with responsibilities for annual operational planning, developing a 3-year strategy, and managing more than $500M R&D and production budgets. He led product launches on conversational AI voice assistants on industry-leading consumer and social media devices with cloud-to-edge embedded applications and the development of several enterprise decision-support AI/IOT solutions in wellness, health, hi-tech, and insurance sectors.
Walt’s leadership style is centered on the customer and making data-informed, timely decisions. This customer-centric team approach is critical as the company scales its products and continues to expand its channel partnerships. “I’m referring to our direct customers and strategic partners, our leadership team and employees, and our Board of Directors,” he adds. “We have a collective interest in growing revenue and partnering on developing and commercializing products that have a meaningful impact on society.”
Armed with this mindset, Walt and the rest of the leadership team have skillfully guided Coherent Logix into hypergrowth markets: Space 2.0, cybersecurity, connected devices, media and communications.
Towards the Future
Coherent Logix is adding a cloud-based capability for new customers, universities, and the Maker/open-source community to work with their development tools and hardware. With older von Neumann microprocessor architecture designs and today’s programmable hardware, the software development process is so tedious that it can take 24-36 months for a customer to develop a solution e.g., a WiFi router. Coherent Logix microprocessors, however, have C-programmability and use standard software development processes. They also offer a cycle-accurate simulation platform. These advantages enable Coherent Logix to build solutions in just six months and continue to reprogram or reconfigure as needed to support their product and customer roadmaps with new software-defined functions or as standards evolve. This, combined with the hardware/software co-design process the company uses to build their System on Chips (SoCs), brings the power of digital transformation to the design and use of digital processors – amplifying both the pace of innovation and the competitive advantages of Coherent Logix.
For the near future, Walt is striving towards building highly functioning, distributed teams to bring the most disruptive products to market he has worked on, i.e., a new class of low-power, reprogrammable, high-performance computing devices. Coherent Logix is enabling customers to “redefine hardware as software” (which is also the company’s tagline) to meet the market demand for the flexibility, extensibility, and scalability of software-defined hardware systems and their small SWaP requirements, ranging from space satellites to consumer devices. Coherent Logix’s HyperX architecture provides a paradigm shift in hardware-software co-design from embedded systems to the cloud and delivers a more cost-effective and scalable software-defined device strategy. With its compute and memory co-localized, an event-oriented, parallel processing fabric, low power profile, and C-programmability, this has a 2-4x improvement in the time it takes to develop and launch products. This multi-faceted value proposition extends product customer lifetime value economic models, increasing the ROI for its ODM and OEM partners and customers. Accomplishing these product revenue growths and customer-centric goals will lead naturally to the longer-term goal of positioning Coherent Logix for a successful market exit for its shareholders.
“The future requires low-power, high performance computing for next generation connected devices – it will be everywhere we find a sensor, a camera, a robot, or smart device. As large as the Space 2.0 revolution is, the terrestrial edge and embedded devices will eclipse it by orders of magnitude,” concludes Walt. “We must be as efficient with power as possible. It has a cost to our planet to produce, and it turns into heat when you use it. If we want to preserve our planet, smart everything must become smart, efficient everything.”
" Arete Wealth is the embodiment of that vision: a dynamic, energetic, comprehensive wealth management firm focused on the future. "
Joshua D. Rogers
Founder & CEO
