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PROVIDENCE, RI  (July 14, 2022) Newman Dignan & Sheerar, Inc., an independent investment and wealth management firm, announced today that Certified Financial Planner™ Richard Cavanagh has joined the company as a Senior Investment Advisor. Cavanagh has been involved in the financial services industry for more than 35 years and brings a wealth of experience to NDS.

In addition to earning the CFP® designation and holding the CFA® Charter, Richard also has previous experience as an insurance advisor, earning CLU and ChFC designations, deepening the resources NDS can bring to bear on all of our client portfolios.

“We are pleased to have Rich join the NDS family. Bill and I have known Rich both professionally and personally for years. His expertise and vast experience as an investment advisor and financial planner will greatly benefit our existing and prospective clients,” said NDS Principal John P. Sheerar.

Richard, a graduate of Harvard University, has managed clients’ wealth and provided them financial planning guidance as a sole practitioner, in the institutional setting, and from independent Registered Investment Advisor platforms. He has the experience and ability to manage institutional and private accounts. He has consulted with institutional insurance and college savings plan (529 Plans) entities providing oversight and ensuring investment policy adherence. He has over 10 years of experience as a Chief Compliance Officer, as well.

“I could not be more pleased and proud to join the NDS team,” Cavanagh said.  “I have known Bill Newman since he founded the firm with Paul Dignan and first met John Sheerar when he joined them in 1997. I have always had great respect for them, their expertise, and their commitment to serving their clients’ best interests. I look forward to helping them continue that practice.” 

Richard, a lifelong Rhode Island resident, lives in Warwick with his wife of 33 years, Melinda. In his free time, he enjoys his family, hockey, golf, and barbequing on his Big Green Egg.

About Newman Dignan & Sheerar, Inc.

Founded in 1992, Newman Dignan & Sheerar is an independent investment and wealth management firm based in Providence, Rhode Island, and privately owned by the principals. The firm is a “fee-only” based advisor that is not affiliated with any financial institutions. ND & S strives to provide the highest quality of investment and wealth management services to individuals, fiduciaries, non-profit, and profit corporations. Together with our dedicated staff, we will act as a team to provide the best overall services and advice to our clients.


Kimberly J. Poland, Poland Media Group – (401) 743-7272, 

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