The Mohr Financial Group Chooses Integrated Partners; $430M Financial Advisory Team Becomes 40th Regional Office
Michael Mohr, twenty-eight, will assume control of the business as his father, Jim Mohr, transitions to retirement, via a three-year exit strategy. The San Diego firm joins a rapidly expanding group of Integrated advisors in the Southern California region.
SAN DIEGO, July 23, 2019 /PRNewswire-PRWeb/ -- Integrated Partners, a national financial planning and registered investment advisory firm, is proud to announce that the Mohr Financial Group, comprised of five financial advisors and five team members, has chosen Integrated as their partner of choice. The father-son team, and their advisors, viewed Integrated's entrepreneur-first approach as essential to their future plans. The Mohr Financial Group will maintain their independent brand identity and bring $430M* in advisory and brokerage assets to the firm.
The Mohr Financial group joins a rapidly expanding partnership of advisors at Integrated, both at the national level, and specifically in the SoCal region of the US. Ten new advisors have joined Integrated in California alone, since mid-2018 – and taking into account discussions currently in progress, that number will continue to increase. Mike Mohr, who will be assuming command of the advisory team upon his father's retirement, was drawn to Integrated specifically for the entrepreneurial support the firm provides to advisors by way of technology infrastructure, regulatory & compliance support and growth-focused initiatives such as the vaunted CPA program.
"I came up in this industry learning everything I possibly could from my father, and revering him as an advisor and a dad," said Mike Mohr. "As we discussed his succession plan, timeline and the future of our business and the industry, we knew we needed a partner that we could evolve and grow with – there is no question in my mind that Integrated is that partner."
Key factors in the teams' assessment and selection of Integrated were:
- An independent, entrepreneur-first advisor support structure
- A firm committed to a robust and expanding Southern California presence
- A firm with a shared vision as to where the clear future of the independent channel lies
- A custodian-agnostic environment, and best-in-class customizable tech stack
- Access to the CPA referral program, Integrated's advanced financial planning team and the Integrated Business Alliance
"We pride ourselves on being the ideal home for an advisory firm interested in three things: taking care of their clients, growth, and real independence," said Paul Saganey, founder and president, Integrated. "And therefore, when an advisory team of the Mohr Financial Group's caliber gives us a thorough review and decides that we're their best choice as a partner, personally, it gives me goosebumps. Jim Mohr is the prototype of a fantastic veteran advisor – his son will carry the torch. We are honored to be a part of their family legacy."
Jim Mohr adds: "I am proud of the business my team and I have built over the years. I am proud of my son, and I am confident that we've chosen a long-term partner that will keep our best interests, and those of our clients, as their first priority. I've read a lot about succession planning challenges in this industry – I'm fortunate to have a son that will carry the torch, but in the absence of a family member to take over the business, the formula is pretty simple: shared values, unshakeable trust and a burning desire to grow and evolve for the benefit of your clients your team."
With this latest advisory team addition, Integrated has surpassed its asset growth from 2018, and continues to focus on adding quality advisory partners and service offerings for its 141 advisors and 127 CPA partners.
For more information, please visit http://www.ifpadvisor.com or e-mail jason.lahita(at)ifpadvisor(dot)com
About Integrated Partners
Since 1996, Integrated Partners has been helping financial advisors to achieve their entrepreneurial vision. We offer comprehensive business building services, designed with the truly independent advisor in mind. With one hundred and forty-one advisors, one hundred and twenty-seven CPAs and forty regional offices across the United States, Integrated has built our reputation advisor by advisor, client by client. Constructed and grown upon a foundation of empowerment, integrity and trust, we believe in the power that financial advisors have to make a positive impact on people's lives. Integrated supports advisors by offering a completely customizable open architecture business environment: technology, investment management, advanced planning, CPA partner program, family office platform, custody, marketing, public relations, M&A, succession planning and comprehensive business counsel.
We believe in advisors. Let us prove it to you.
The financial consultants of Integrated Partners and Mohr Financial Group are also registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Integrated Financial Partners, a registered investment advisor. Mohr Financial Group, Integrated Financial Partners and Integrated Partners are separate entities from LPL Financial.
*Based on prior business and represents assets that would have been custodied at LPL Financial, rather than third-party custodians. Reported assets have not been independently and fully verified by LPL Financial.
SOURCE Integrated Partners
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