Farther has seen 4x growth in its asset under management over the past year and has continued to increase its headcount with multiple new hires announced this week.
The New York headquartered, tech-centric wealth management firm has seen its AUM surpass $3 billion as 32 new strategic hires bolster its wealth advisory capabilities and enhance its blend of technology with traditional wealth advisors.
The additions to its headcount include top-tier advisors from Goldman Sachs’ former Personal Financial Management RIA which was sold to Creative Planning in summer 2023 as the Wall Street titan refocused its business on the ultra-rich.
Gary Corderman, Robert Davenport, Jonathan Doshier, Jeffrey Hawkins, Jeffery Kernodle, Janet Kohrmann, Jonathan Lamb, Chad Rishel, Mitch Simkins, and Rian Waterman were all with Personal Financial Management and have added $649 million in AUM to Farther.
Meanwhile, advisors Joshua Barone, Robert Barone, and Andrea Knapp Nolan, who collectively manage $91 million in assets, have joined Farther from United Value Advisors in Reno, Nevada.
Other new hires include Nate Bosek, Barbara Dugan, Brian Fleming, Terence Gallagher, Michael Hudson, Edward Jenkins, Dan Kellar, Herbert Kyles, Michael Lambrecht, Louis Llanes, Tyson Lokke, Jonathon Mason, Tony Price, Eleanor Ray, Kevin Roche, Lauren Russo, Chris Tarkowski, Jason Taylor, and James Ulrick.
“We are excited to continue building the most advisor-centric firm in the industry and welcome this group of talented and experienced wealth advisors to Farther,” said Taylor Matthews, CEO & Co-Founder of Farther. “These individuals all bring unique and deep expertise and perspectives to our talented roster, which allows us to deliver insightful financial advice and tailored investment opportunities to our clients across the country. We look forward to continuing to build and enhance our firm with world-class talent.”
The venture capital backed firm was co-founded by former US Army officer Brad Genser (with Taylor Matthews) who decided on financial services as his post-military career, following his insurance agent parents. In 2014 he joined Goldman Sachs as a wealth advisor before founding Farther in 2019. The firm has been listed as part of the 2024 Fintech Innovation 50 and Inc.’s Best Workplaces of 2024.
Volatility likely in election run-up, but what's ahead?
Barometer of salary budget increases reveals strong intentions for 2025.
Large share of owners say they would go into debt just to pay insurance deductible.
New CMO plans to drive growth at Atlanta based firm.
But new level may not be as low as the 5% contained in one proposal.
Uncover the key initiatives behind Destiny Wealth Partners’ success and how it became one of the fastest growing fee-only RIAs.
Morningstar’s Joe Agostinelli highlights strategies for advisors to deepen client engagement and drive success
