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Nick Wetzel Named Vice President at Prometheus Capital Management

Nick Wetzel Named Vice President at Prometheus Capital Management

Nick Wetzel, a certified financial planner, has been promoted to vice president at Yardley-based Prometheus Capital Management. The move follows his completion of an MBA at Columbia Business School and comes as the firm, which manages $442 million in assets, looks to expand its investment and corporate development operations.

In his expanded capacity, Wetzel will oversee the firm’s investment analysis and financial planning divisions. President and CEO Stephen Wetzel noted that the promotion reflects the incoming executive’s contributions to the firm’s growth and its ability to serve family clients. Wetzel returns to full-time duties at the firm after balancing his responsibilities with his graduate studies.

Before joining Prometheus Capital, Wetzel worked at Goldman Sachs & Co. as an investment banking analyst and associate. During his tenure there, he advised on more than $8 billion in transactions, including $6 billion in mergers and acquisitions. He holds a degree in finance from Fordham University and maintains a focus on value investing. The firm currently operates as an independent, family-owned SEC-registered investment advisor.

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