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.
A $141M judgment and a federal asset freeze collide over one shrinking pool
The firm's CFO and EVP of Wealth Management Solutions are the latest executives to exit the broker-dealer.
Clients are saying they would consider switching advisors if another professional offered estate planning services, according to a new Trust & Will survey.
CEO Laurel Taylor says the fintech's composable AI stack helps workers optimize dollars across Trump Accounts, 529s, 401(k)s, and other employee benefits.
The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.
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
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
