Steward Partners, the top-ranked national RIA with $38 billion in assets under management, has expended its presence in Florida once again with the opening of a new office in Palm Beach Gardens.
The move on Wednesday coincides with the launch of G2G Wealth Management, a new hybrid team formed under the Steward Partners umbrella that will manage approximately $377 million in client assets.
The G2G Wealth Management team includes father-son advisor duo Zach Berg and Barry Berg, who bring $175 million in assets under management to the group. According to their BrokerCheck profiles, the two were previously affiliated with First Republic, which was purchased last year by JPMorgan in the wake of the regional banking crisis.
The two join Chuck Miller and Simone Jones, who manage $202 million at the previously established Miller Family Wealth Management, which Steward Partners lured from Wells Fargo last year as its first partner firm in Georgia.
The newly formed team’s name, G2G, reflects its multigenerational approach to serving clients across different life stages.
"We're beyond excited to introduce G2G and welcome the Bergs to the Steward Partners' family," Jeff Gonyo, head of wealth management at Steward Partners, said in a statement.
"This unique Georgia/Florida team is a testament to Steward Partners' platform, which allows for the teams to spread across state lines but operate with complete cohesion and connectivity through a supportive infrastructure."
Zach Berg expressed enthusiasm about joining Steward Partners and collaborating with Miller.
"I met Chuck at an inflection point in my career, and the timing could not have been more fortuitous," Berg said. "We aligned from both a personality and business perspective but shared the same wealth management philosophy and dedication to our clientele."
Chuck Miller, managing director at G2G Wealth Management, highlighted the firm’s culture as a key factor in the partnership. "From the moment Zach and I met, the synergy was unmatched," he said. "Our new brand represents not only our dedication to high-quality, personalized financial guidance but also our embrace of the evolving landscape of remote advisory services."
Merrill's latest hires span Colorado to Louisiana, even as industry-wide recruiting data suggests the firm is losing almost as many advisors as it gains.
The $36 million buy allegedly hid inflated books and a $50 million diversion.
“An award citing emotional distress is very unusual,” an industry executive said.
New EBRI research found workers who participated in employer financial education reported higher confidence, literacy and financial satisfaction.
Beyond operational excellence, the winning advisors of the future are the ones who can reach across multiple disciplines without discarding specialist skills.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
