Los Angeles, CA (PRWEB) July 22, 2013 -- Beverly Hills Wealth Management (BHWM.com) welcomed the Sullivan Wealth Management Group today, formerly with Morgan Stanley, significantly expanding its California presence to the Sacramento and Newport Beach markets. Following in the pattern of previous deals, Sullivan Wealth Management Group moves to BHWM’s partnership model from the wirehouse environment.
Advisor Brad Sullivan, CFP®, is the son and former business partner of prominent FOX Business financial personality, Tom Sullivan, host of The Sullivan Show. He is joined by partner Ed Bunting, also a former business associate of Tom Sullivan, who heads the Financial and Estate Planning aspects of the team, which focuses on helping business owners to align business assets with personal wealth.
Sullivan’s interest in finance began 21 years ago at age 14, when his father gave him a small sum to invest and advised him on how to manage it. Prior to joining MS in 2007, he worked at PIMCO and Wachovia Securities. Bunting studied business and economics at San Diego State University and joined forces with Sullivan in 2005.
“BHWM was the logical choice for us, after a thorough review of our options,” says Sullivan. “They offer an environment that has all of the many positive elements of wirehouse life we had come to rely on, while also offering independence, ownership, experienced support staff and marketing tools. The Maestro platform they built was the cherry on top.”
Bunting adds: “Our business and estate planning capabilities fit nicely with what BHWM is already providing to clients – the chance to partner with this unique, innovative firm was too good to pass up.”
“Sullivan Wealth Management Group’s reputation for outstanding service to some very high-profile clientele speaks for itself,” says Mag Black-Scott, CEO of BHWM. “We know that our platform can stand head to head against any other option for advisors going independent from the wirehouse environment, and welcoming a group like this validates that.”
Steve Stahlberg, Western Division Director concurs: “After spending almost 30 years on the wirehouse side of this business, there is no doubt in my mind that the future lies with a firm like BHWM. Anyone who is serious about building a 21st century practice, and providing their clients with the best experience possible, should be taking a hard look at us.”
BHWM now has offices from Northern to Southern CA as well as Arizona and Florida. The firm’s focus is on creating the ideal independent environment for the wirehouse advisor. BHWM offers its Wealth Management Advisors an “intrapreneurial” opportunity to be part of an exclusive firm without sacrificing their independence. There is a strong emphasis on the advisor’s work-life balance, something BHWM finds is lacking in the wirehouse world.
John Stuart, BHWM’s Chief Information Officer, adds: “We are creating an exclusive partnership of seasoned, top-tier advisory professionals concerned with the turmoil and waste in their current operating environment. BHWM is an advisory firm consisting of wealth managers who are owners of the business and contribute to the creative and intellectual process.”
For more on what the firm does for both advisors and their clients, visit http://www.bhwm.com
Beverly Hills Wealth Management (BHWM) is a full-service hybrid Registered Investment Advisor tailored for the High Net worth and Ultra High Net worth investor. BHWM Private Trust and BHWM Insurance Services offer supplemental support to the core wealth management, and financial planning experience. BHWM delivers institutional type services, products, and strategies sourced globally and delivered locally from 5 office locations and growing. BHWM is looking for the right types of advisors to join its ranks.
Jason Lahita, FiComm Partners, LLC, 973-460-7837, [email protected]