facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause

Managing investments on every level, from every angle, every day.

LOGIN

Advisor. Partner. Coach.


Who is Traverse?

We're an independent fiduciary, putting our clients' needs first.

We're different.

We listen. Design a plan. Structure communication. Invest wisely. As life changes, we repeat the process.

Our services.

Planning and investing are only the beginning.


Planning is paramount. With the right plan, anything is possible.

About Traverse Wealth.


We are different. Traverse Wealth is a non-traditional firm with fundamental differences in our structure, strategy and integration. If you are looking for a partner that is always engaged, continuously tracking and actively involved in growing and protecting your assets, consider us.

With Traverse Wealth you not only get an independent advisor, you get a team of independent advisors. Founded in January 2006, Eric Hutchby, has surrounded himself with experts in the industry. They are as committed to your success as they are to their families and their community. Frustrated with the old way firms were treating their clients and advisors, we have made it our mission to build a culture and a firm we would want managing our own financial affairs.

Our Value Story.

“…we are passionate about helping our clients do 3 things: growing, guiding and guarding their financial future. Empowering them to make better decisions and achieve peace of mind is the reason we do what we do…they value the process. They love the education and communication.” 

~Pete Walton,
Managing Partner & Lead Portfolio Architect

Eric Hutchby Photo Eric Hutchby Hover Photo

Eric Hutchby

Managing Partner, Lead of Retirement & Estate Planning Strategies
Read Bio

eric@traversewealth.com


Eric Hutchby is a founder and Managing Partner of Traverse Wealth, serving clients through holistic financial planning and proactive personal service.  Eric first began honing his core principles while working as a member of the National Ski Patrol in 1991. Those guiding principles are a tenacious focus on serving clients’ best interest, the pursuit of excellence across all activities and a strong desire to grow intellectually. “My years serving others while on the National Ski Patrol where priceless.”  We have built a company that helps people “traverse” through the complexities of life; guiding them to a more rewarding and complete life.

Eric began his financial services career in 1994, working for one of the country’s largest and respected insurance company.  Later, he became an advisor at a small/local firm. Both experiences sparked a desire to provide a better client experience with better services. Many of the companies, large and small, just wanted to sell a product.  That’s not the culture Eric wanted to promote or the value he intended to deliver for his clients.  

He leads the team’s Retirement and Estate Planning Strategies Group.  The group focuses on holistic financial planning, building tax-efficient investing and tax management strategies for high-net worth individuals. Many of the Traverse’s clients are retiree’s, physicians, business owners and professional athletes. 

Eric is actively involved in the community.  He and his wife, Beth, serve on the Mooresville School District Foundation Board, a non-profit organization dedicated to financially supporting the needs of the Mooresville Graded Schools teachers and students.  In addition, Eric currently serves on the Board of the Lowe’s YMCA and the Mooresville/Lake Norman Rotary Club. 

Eric and Beth live in Mooresville and have four wonderful children (all with red hair and blue eyes), two dogs and saltwater fish/corals.  He enjoys spending time with his family, saltwater fishing, collecting and drinking wine and listening to the Mooresville High School Marching band.



Niki Smith Photo Niki Smith Hover Photo

Niki Smith

Lead of Operations
Read Bio

niki@traversewealth.com


Niki grew up in the small towns of Dallas & Stanley, North Carolina. Being the daughter of police officers, she learned the value of service to others while she was still young. Her parents spent more than 30 years on the police force. Often saving the lives of inmates and victims, their dedication to the community is exemplified in Niki’s passion for helping others.

Niki was her high school valedictorian before earning a B.S. in Business Administration from Gardner- Webb University. She put her accounting and management expertise to work in the retail industry for 13 years. The environment proved to amplify her desire to work with the public and found that serving others brought her the most joy and satisfaction. She knew to impact more people she would have to find an industry with a broader reach.

She worked as a financial advisor with Thrivent Financial beginning in 2006. Niki remembers Carolyn, her favorite client, and the deep gratitude she showed for Niki’s caring approach to planning and investing. Simple changes to the financial aspect rippled across other facets of her life and she experienced less stress and was happier. Niki joined Traverse Wealth in 2008 and prides herself on being professional, yet genuinely personable, honest, proactive and efficient. She enjoys welcoming each client to the Traverse family and leading the operations of the firm.

Niki lives in the Lake Wylie area with her husband, Mike, bonus daughter, Laurel, and fur baby, Jaxen.  She enjoys whipping up the latest Pinterest recipe, spending time with her large extended family and being outdoors, whether it’s hiking, boating or just sitting on the front porch drinking sweet tea.

In the community, Niki advocates for abused and neglected children as a Guardian Ad Litem.  She is an active member of Restoring Hope Foursquare Church in Dallas, NC, where she’s currently serving as a council member. You can find her most Sunday mornings standing at the entrance of her church greeting parishioners with a smile and hug.


Pete Walton Photo Pete Walton Hover Photo

Pete Walton

Managing Partner & Lead Portfolio Architect
Read Bio

pete@traversewealth.com


Pete had a unique upbringing around the world. The son of a naval officer, he lived in or visited Virginia Beach, Guam, the Philippines, South Korea, Hong Kong, Japan, Hawaii, and several other US states. The diversity of cultures he experienced helped form a better understanding of differences in people. A thorough and empathetic perspective became the base from which he built a platform of service to others.

One of the most defining moments in his life was surviving the volcanic eruption of Mount Pinatubo in June 1991 in the Philippines. This event taught him how fragile life is and how important it is to help others, especially when we are able and others are not. Living without common utilities of life, like running water, electricity and a consistent source of food, in a toxic atmosphere (literally) brings a sense of humility very quickly. This humility and a fervent belief in education are why he loves what he does now.

His father retired from the Navy and his family settled in Columbia, S.C. He spent the next several years attending Hammond School and graduated in 1998. He set his sights on N.C. He graduated from Elon University with a B.S. in Marketing and Finance in 2003. Earning his M.B.A. from Duke University’s Fuqua School of Business was a life-long dream that he accomplished in 2009.

His affinity for numbers and math made the financial services industry a natural fit. More narrowly focused, he began building portfolios for high net-worth individuals at Morgan Stanley. Faced with a moral dilemma, he wanted to align his personal and professional values, goals and philosophy with the people who mattered most: his clients. Moving to the Independent side of the business was the most rewarding transition he has ever experienced professionally.

He continues his passion building portfolios as the Lead Portfolio Architect at Traverse Wealth. With a risk-based approach, he has developed a new methodology for active investment management. Continual improvement and education are critical traits for Pete and he loves teaching his clients different concepts that are essential to their financial success.

Pete lives in Cornelius, N.C. His 3 children attend Lake Norman Charter and love football, soccer, art and dance. He enjoys competing in Ironman triathlons, cheering on the Virginia Tech Hokies in college football and woodworking. He stays active in the community by coaching youth athletics, attending Davidson United Methodist church and volunteering at various running and cycling events throughout the year.

Passion Drives Success.

We love what we do. We have created a firm that we believe serves all the needs of our clients and puts their interests first. We know it’s scary to take on the task of mapping out the rest of your life and then staying on top of that project every day. Our philosophy, values and mission take the mystery out of this process and guide you every step of the way.

Traverse Wealth is an independent registered investment advisor. We built a team around 3 important components of wealth management. Comprehensive financial planning is the beginning. Disciplined investment design is next. Finally, we offer a world-class technology platform, accessible anywhere around the globe, to bring the two together and keep everything up to date in real-time. Our objective for every client is to create a strategy that is achievable, educate them and improve the quality of life by reducing stress. Give us a call and learn for yourself why so many others trust Traverse Wealth for their wealth advisory needs.

Financial planning with Traverse is a partnership.

Our team of advisors takes a complete inventory of your assets and liabilities, while working with you to define your short term and long term goals. Once established, the path to achieving those goals is mapped out using extensive analysis, experience, and statistical modeling. Your personal situation is then tested with our interactive software, simulating its performance within thousands of potential market scenarios.

Look.

When you engage Traverse Wealth, our partnership begins with a close-up look at where you are now, as well as bringing into focus a view of the future you are hoping to build. After an analysis of your current financial position we will work with you to create a comprehensive plan.

Go.

 The plan is in place. The path is mapped out. But your life and the world around you are in a constant state of change. Traverse Wealth will provide honest, objective, and insightful guidance intended to ensure you are maximizing your opportunities and protecting your investments.

Every plan is designed to accumulate, manage risk and protect wealth:
• Target asset growth
• Substantial global diversification
• Reduce investment concentration
• Decrease risk caused by volatility
• Increase efficiency, transparency, and liquidity

Balance.

 Traverse Wealth understands the need for balancing risk and reward, growth and stability. We’ll help you extend the wealth you’ve worked hard to establish, in an effort to secure a healthy financial future for you and your family.  
• Wealth preservation and transfer assistance
• Business succession planning
• Minimizing tax burden
• Distribute assets to maximize tax advantages
• Estate planning; preserving your assets
• Charitable planning

Traverse Partners recognized for charitable contribution to local YMCA.

Mooresville, NC – September 2017 – Traverse Partners continues to support youth learning and reading programs at the local YMCA. The commitment to the community and the values the YMCA supports make “The Taste of the Lake” a wonderful event to sponsor and support each year.

Pete Walton earns Coach of the Year Award.

Cornelius, NC – July 2017 – Pete has coached youth soccer for 3 years and was distinguished to earn this award. He loves soccer and this is a great extension for him to pass his passion for the game to young players. He noted that helping young players understand the importance of teamwork and communication are great building blocks for skills later in life.

Mooresville-Lake Norman Rotary Club raises record amount for charity.

Mooresville, NC – September 2016 – Eric’s leadership on the Steering Committee helped guide the Chili Cook-off to a record year. Since its inception, 8 years ago, the event has raised and awarded over $200,000 for local charities and merit-based scholarships for education.

Niki Watkins marries Mike Smith in Ocean Isle.

Ocean Isle, NC – October 2015 – Niki was joined by family and friends for a beach wedding. We welcome Mike to the family and are so excited for them both.

Pete and Bethany welcome their 3 rd child.

Charlotte, NC – July 2015 – They are so excited to welcome their baby girl. With big brother and sister patiently waiting to lend a helping hand, they expect the learning curve to be much less steep and they hope to get more sleep this time around.

Eric elected as President of the Mooresville-Lake Norman Rotary Club.

Mooresville, NC – June 2015 – As President, Eric will be responsible for continuing the tradition of excellence within the role. Rotary is a civic organization that strives to improve the community through membership involvement and charitable giving. Eric’s primary objectives include growing the membership base, increasing charitable giving through key events and increasing awareness of important issues within the community.

Eric appointed to the YMCA Board of Managers.

Mooresville, NC – July 2013 – Having been heavily involved in the charitable giving side of the YMCA, Eric was asked to make more contributions on a broader level with this appointment. Eric will leverage his background in finance and planning to bolster the board’s mission and add expertise for a financially successful and philanthropic organization.

Eric Hutchby Receives Rotarian of the Year Award.

Charlotte, NC - May, 2013 - Eric Hutchby, of Traverse Partners has been named Distinguished Rotarian of the Year by the Mooresville-Lake Norman Rotary Club. The award is the highest honor rotary club members can receive at the district level and is earned by demonstrating exceptional service over an extended period of time.

Eric Hutchby of Traverse Partners Expands Retirement Planning Expertise with CRPC Designation.

Charlotte, NC – April, 2013 – Traverse Partners, a full service financial planning firm serving the Mooresville and Charlotte areas, has expanded its retirement expertise. Co-founder Eric Hutchby is now a Chartered Retirement Planning Counselor (CRPC®), a designation requiring extensive study, successful completion of a final exam, and mandatory continuing education.

Eric elected as Board Chair for Health Reach Community Clinic.

Mooresville, NC – April 2013 – Health Reach is a free health care clinic that serves all of Mooresville and the surrounding Iredell county area. Eric’s primary objective to expand the clinic’s offerings, hire more full-time staff and increase the fundraising the clinic needs to continue operating.

Pete Walton awarded role on Executive committee for 2013 NCAA Men’s Final Four planning.

Atlanta, Ga. – May 2012 – Pete joined the volunteer efforts to prepare for the 75 th NCAA Men’s Final Four in Atlanta. Along with chairman, John Yates, the role of bringing one of the most recognized sporting events is an amazing task. The planning takes almost a year and covers every aspect imaginable. One of the added challenges was to leave behind a legacy project that added to the footprint of sports in Atlanta. Incorporating heritage and the diverse backdrop of Atlanta’s culture was the central focus. The upcoming NCAA Men’s Final Four is sure to impress.

Traverse Partners Adds Top Level Portfolio Architect, Pete Walton.

Charlotte, NC - September, 2011 - Pete Walton has joined Traverse Partners. At Traverse, his area of expertise is fundamental analysis and portfolio design, responsible for crafting tactical portfolios to include tax efficiencies, trading opportunities, and both yield and capital appreciation. Walton is also responsible for several operational projects that are making Traverse more competitive and efficient. These projects are related to IT services, portfolio performance tracking, portfolio modeling software, and an overhaul of the company’s fixed cost structure.

Hutchby and Yates Financial Advisors is Now Traverse Partners.

Charlotte, NC - July 29, 2011 - The partners at Hutchby and Yates know their approach to financial advising is nontraditional, but they didn't think their name reflected their philosophy. The company has changed its name to Traverse Partners.

Markets Fluctuate. 

We'll Help You Stay The Course.

Our Service. Our Commitment.


The ultimate collaboration.

Financial Planning is too vague. We begin by designing a plan with your goals and fears in mind. Once we uncover the numbers, it’s time to dig deeper. We will coach you in several arenas. Wealth preservation and transfer assistance, business succession, minimizing tax burdens, distribution of assets to maximize tax advantages, estate and charitable planning are all part of financial planning.

The beauty of compounding interest.

Investment management is tailored for your specific needs. We begin with a risk-based approach and draft a model portfolio. Utilizing both strategic and tactical asset investing, we have created a new methodology that reduces the chances for losing the assets you have worked so hard to accumulate. Finally, reducing the cost of the portfolio is paramount to achieving higher, longer-term results.

Security and Access.

We have enlisted the technology of eMoney to bring everything together. Your plan, your investments and your digital vault all available anytime, anywhere. Using a 3-layer, 256 bit encryption security protocol, we have the confidence in their read-only software to offer mobile access anywhere you go.

Communication. Essential.

We believe the more communication advisors have with their clients, the greater the result. More wisdom is transferred; therefore, faster decisions can be made. Nothing is forgotten and longer-lasting relationships are built. We build a structured communication plan that suits your needs.

Fees. Simple.

There is only one. We will not nickel and dime you to death for ancillary projects. Nothing is à la carte. We believe everything we do is important and we want you to take advantage of the expertise we offer.

Grow, guide, and guard your wealth.


Personal Attention. Global Reach.
Traverse Wealth is a full service financial planning firm committed to providing objective, comprehensive, and effective coaching to our clients. We offer a complete line of global services to help you grow, guide and guard your wealth. Principals at Traverse Wealth have been chosen by Charlotte Magazine as "Best in Client Satisfaction Wealth Managers in the Charlotte Area: for the past 4 years. The Five Star Wealth Managers Award* represents wealth managers who scored highest in client satisfaction.

Your Success. Our Motivation.
Advisors are obligated to do what's suitable for their clients. But since when has "suitable" been a measure of excellence? With Traverse Wealth, you not only get an independent advisor, you get a team of independent advisors acting solely in your best interest. Our planning process leverages the expertise and experience of our licensed professionals. Traverse Wealth monitors your money, the daily effects of market change, and takes action with uncompromised objectivity. When our clients achieve their goals, we all succeed.

Your Plan. Anytime.
Keeping up with changes in the financial marketplace requires the latest research and technological tools. Traverse technology tracks your financial content across multiple market conditions - in real time. And because our technology seamlessly integrates with your personal comprehensive dashboard, your financial snapshot is designed to be accurate and up to date.

New Ideas. Proven.
Keeping up with changes in the financial marketplace requires the latest research and technological tools. Traverse technology tracks your financial content across multiple market conditions - in real time. And because our technology seamlessly integrates with your personal comprehensive dashboard, your financial snapshot is designed to be accurate and up to date.

Call. Answers.
We are different. Traverse is a non-traditional firm with fundamental differences in our structure, strategy and integration. If you are looking for an advisor, partner and coach that is always engaged, continuously tracking and actively involved in growing and protecting your money, consider us.

Managing Investments on every level, from every angle, every day.


Level 1- The foundation is extensive data analysis, at regional, national and global levels. We evaluate macroeconomic data, market patterns, and growth curves.

Level 2- The focus narrows to examining specific sectors and how they correlate with one another. Our team considers which are positive or negative and ultimately, decides in which to invest.

Level 3- Using your risk profile, we assign a specific risk parameter; a model portfolio. We balance the asset allocation in an effort to participate when broad markets go up, and protect when broad markets go down.

Level 4- Fading Beta. We manage the risk of the range - determining longer term uptrends and/or downtrends. Increasing or decreasing exposure accordingly.

Every angle, every day. Put Traverse to work for you. Give us a call.

From the Blog

Loading Posts...


READ MORE

CONTACT US

While every conversation is different, you should expect to cover some general information and get a sense of what it’s like to collaborate with us.

To help prepare for this meeting, you should have a basic idea of your current financial picture and financial goals. How are things now? Do you have any concerns? What do you hope to accomplish in the next few years and longer term?