BOSTON, January 19, 2022 /PRNewswire/ — Concord Wealth Partners, an independent registered investment advisory firm (“RIA”), has formed a strategic partnership with Coppertree Financial Planning, LLC, a $230 million AUM RIA based in Greater Boston.
New England-based Coppertree LLC has joined Concord Wealth Partners and will operate as a new branch of Concorde in Worcester (Massachusetts). This partnership will expand the scope, scale and sophistication of Concord’s Offers institutional investment management, tax strategy and family and business wealth advice to all current and future clients of the Greater Boston Area.
The strategic partnership is part of Concord’s three-phase expansion plan orchestrated by Edge Strategy Group, an industry leader in RIA growth strategy. Concord Wealth Partners (CWP) launched its growth plan in 2019, focusing on service expansion, infrastructure optimization and strategic mergers and acquisitions. The expansion plan so far has included partnering with accounting firms, setting up in-house asset management solutions, developing robust marketing campaigns and forming partnerships with advisors. like-minded financiers in different geographies of the United States, such as Coppertree. Since the start of its growth strategy, Concorde expanded its AUM by $350 million in December 2019 to end $800 million from January 2022.
Coppertree has served customers in the Greater Boston field since 2011 as an independent investment planning and management firm. During this time, the main objective of the company has been to make planning and investment less complicated, less expensive and more efficient for customers. Their “connected planning” process aims to ensure long-term success through genuine and unbiased financial advice. The Coppertree team, with over 65 years of combined investment experience, takes pride in providing clients with a roadmap and action plan that makes sense and adds value.
Concord Wealth Partners offers comprehensive financial life planning, asset management, advanced accounting, tax strategy and business advice to high net worth individuals and small businesses with complex financial needs. As a close-knit team, Concorde collaborates on client files and leverages expertise across the financial services industry. By doing so, clients benefit from a holistic approach to wealth management.
The founder of Coppertree, Adam Waitkevitchsaid of Concord’s holistic offering, “Our team’s primary goal is to provide value-added service and simplify the financial lives of our customers. When we saw how Concorde streamlined planning, investment, tax and accounting services, we recognized this as an opportunity to offer the same to our clients through a partnership. After more than a year of diligence, we are confident that this partnership will benefit our existing customers and allow us to devote even more time to customer relationships.”
Concord Wealth Partners is a VirginiaRIA founded in 2002. The family-owned financial advisory firm has five offices and represents more than 600 individuals and small businesses in Virginia, West Virginia, Marylandthe District of Colombia, Northeast Tennesseeand the Greater Boston and manages over $800 million in assets.
Concord Asset Management is a VirginiaRIA founded in 2020. The company offers proprietary model portfolios, income strategies, direct indexing, tax loss harvesting, portfolio reporting, trade execution and other quality portfolio management services institutional. Consulting services are only offered to clients or potential clients for whom CAM and its representatives are duly authorized or exempt from licensing.
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Silvia Roa Madan
Advisory Services Offered by Concord Wealth Partners, LLC (“CWP”) and Concord Asset Management, LLC (“CAM”) CWP and CAM are affiliated investment advisers registered with the Securities and Exchange Commission.
SOURCEConcord Wealth Partners