Seventy2 Capital names Steven Bonavita executive vice president and financial advisor

Seventy2 Capital Wealth Management has added Steven Bonavita to its Bethesda, Maryland office as executive vice president and financial advisor. The hire adds a 25-year advisor focused on holistic planning as the firm expands its client service bench in the Washington, D.C.–Baltimore region.

Why it matters: - Seventy2 Capital is adding an experienced advisor in a core regional office as demand grows for personalized wealth management, estate planning, tax planning and retirement guidance. - The hire strengthens the firm’s ability to serve individuals, families and business owners from its Bethesda location.

What happened: - Seventy2 Capital Wealth Management announced that Steven Bonavita has joined the firm as executive vice president and financial advisor. - Bonavita is based in the Bethesda, Maryland office. - Thomas Fautrel, president and co-founder of Seventy2 Capital, said the firm was “thrilled” to have Bonavita join and highlighted his more than 25 years in the industry and relationship-focused approach. - Bonavita said he is excited to build long-lasting relationships with clients and fellow advisors while helping grow clients’ wealth and happiness.

The details: - Bonavita uses a holistic process that starts with gathering a client’s needs and goals. - He then reviews wealth planning, estate planning strategies, tax planning strategies and retirement preparation. - Bonavita creates a personalized plan based on each client’s circumstances. - Bonavita emphasizes relationships built on transparency and trust. - Seventy2 Capital describes itself as a client-centered, independent wealth management practice headquartered in the Washington, D.C.–Baltimore region. - The firm says it supports individuals, families and business owners with customized strategies. - Seventy2 Capital says it was recognized as a Barron’s Top 250 Private Wealth Management Team in 2026. - The company directs readers to more information. - The release includes a disclaimer that Wells Fargo Advisors Financial Services is not a legal or tax advisor.

Between the lines: - The hire signals Seventy2 Capital is leaning on advisor recruitment and relationship-based service as a growth strategy. - Bonavita’s focus on comprehensive planning fits a broader wealth management pitch that goes beyond portfolio management alone. - The Barron’s recognition is positioned as a credibility marker, though the release notes the ranking is based on disclosed criteria and not on the quality of investment advice.

What's next: - Bonavita is expected to begin serving clients from the Bethesda office and deepen relationships with existing Seventy2 Capital advisors. - Seventy2 Capital is likely to continue promoting its planning-led, independent wealth management model as it grows in the region. - The firm’s social presence is available on LinkedIn.