Sellers that showed interest
Company Details
WealthPlan Group "WealthPlan" is a firm built by advisors, for advisors, from the very beginning. Founded in 1989, WealthPlan group has grown into a $1.8 Billion firm that wants to help advisors focus on the tasks they enjoy. Throughout its history, WealthPlan has added services like business retirement planning, business exit consulting services, risk management, and a business consulting division to support its advisors.
WealthPlan Group positions itself as a national wealth management firm providing a complete array of financial services within a single organization. The firm emphasizes a culture shift from a local Omaha office to a more regional and national presence, focusing on advisor autonomy and support. They offer a comprehensive suite of actively managed solutions designed to empower advisors in delivering measurable alpha to their clients' portfolios.
General Investment Philosophy:
- WealthPlan Group's investment program is designed to be flexible and accommodating to various investment philosophies.
- They aim to build vehicles that match different types of philosophies over time, ensuring that they can replicate or build similar models to those of acquired firms.
- WealthPlan's approach is to generate income and capital appreciation without taking big bets in any direction.
Investment Implementation:
- WealthPlan uses a combination of model portfolios and customized, bespoke portfolios.
- They manage assets both in-house and through external managers, depending on the specific needs and strategies of the clients.
Investment Communication and Transparency:
- WealthPlan communicates changes or updates through weekly commentaries, videos, and various marketing materials.
Investment Team Overview:
- The investment team is led by Eric Ogard, the CIO, who is supported by two analysts and one full-time trader.
- Responsibilities include portfolio management, research, trading, and client service.
Advisor Support and Collaboration:
- Advisors have direct access to the investment team and can provide feedback and request customizations.
- Weekly meetings, calls, or webinars are held to discuss investment strategies and market updates.
Technology Integration:
- WealthPlan uses Orion for trading and other operational tasks.
- Client-facing tools such as performance dashboards and personalized reports are available to enhance communication and engagement.
Locations
Company Videos
Acquisition Model
Minority, Majority, and Full Acquisition
Yes. For further information, please contact Alaris.
Yes
For further information, please contact Alaris.
For further information, please contact Alaris.
Mandatory Points of Alignment
WealthPlan would like all partners to adopt its brand, but understand it might take time to transition. WealthPlan permits partners to co-brand for up to 36 months
WealthPlan asks all advisors to adopt its central back office operations. This includes compliance, HR, billing, trading, technology, etc.
Partners/advisors will still maintain visibility into their local P&L and will work with the WealthPlan team to set budgets.
WealthPlan would like all advisors to adopt its technology stack. Beyond the centralization of systems, WealthPlan believes all advisors have a unique client experience and do not want to get in the way of their proven process.
WealthPlan has practice management resources that are encouraged but not required.
Partners can continue to manage their strategies. Currently, trading is not centralized; however, WealthPlan wants to centralize this in the future
Advisor Value Proposition
WealthPlan offers a comprehensive suite of actively managed solutions designed to empower advisors in delivering measurable alpha to their client's portfolios. The team comprises a Chief Investment Officer along with dedicated analysts and traders, providing robust support to meet the diverse investment needs of advisors.
WealthPlan does not currently offer centralized planning support but looks to provide this service in the future.
WealthPlan provides a comprehensive suite of technology, investment solutions, and operational processes that empower advisors to focus on building client relationships and growing their businesses. The ideal vision for WealthPlan is for each advisor to have one office manager or staff member with operational expertise, who can be trained in their systems to enhance efficiency and support.
Beyond portfolio management and financial planning, WealthPlan offers retirement planning, business exit planning, and insurance.
WealthPlan is in the Schwab Advisor Network and has a dedicated person to help manage this relationship. The firm is also actively hiring a Director of Marketing to help support advisors in social media, email campaigns, events, and more.
WealthPlan Group partners with Model FA to assist in business coaching. Through this relationship, advisors can participate in mini-study groups and annual partner events.
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