A California-based firm has added $120 million to the more than $5 billion in clients assets managed by tech-centric wealth management firm Farther.
WMBC was co-founded 22 years ago by wealth advisor Scott Coles, ChFC, CLU, who has more than 40 years in the wealth management industry. Together with president and wealth advisor David Coles, and financial paraplanner Shirly Chyan, FPQP, the team are joining Farther to take the next step of their firm’s evolution.
While the new partnership offers value for WMBC through access to Farther’s proprietary platform and back office support services, it also enables the firm to reach more clients with its Human Wealth method which combines wellness and financial planning in a science-backed approach developed in collaboration with sociologists and psychologists.
“From our first meeting, we recognized that our core values and beliefs aligned with Farther’s: ‘putting humans first’ and ‘ground in research and data,’” said Scott and David Coles. “We are excited for the opportunities Farther has made possible to help us enhance our work and deliver deeper value to our clients.”
Taylor Matthews, CEO and co-founder of Farther, who recently shared with InvestmentNews what’s sharing the firm’s rapid growth, says WMBC aligns with Farther’s delivering thoughtful, results-driven financial advice that makes a meaningful difference for clients and their families.
Consolidation continues in US wealth management industry.
Tech company democratizes access to US trading infrastructure.
RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.
Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.
The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
