Prospera Financial Services Expands Team in Southern California
Prospera Financial Services, a respected boutique wealth management firm, is excited to announce a strategic growth move by welcoming Behrle | Bergin to its collaborative platform. This significant addition, which brings approximately $200 million in assets under management (AUM), is designed to enhance the firm's offerings and service capabilities, particularly in the Southern California region.
Expertise of the New Team
The dynamic duo, Steven Behrle and Joe Bergin, managing directors of the new team, each bring over 40 years of extensive experience in wealth management. Their firm specializes in delivering tailored financial planning and wealth management services primarily to high-net-worth individuals alongside corporate retirement plan sponsors. This partnership aims to provide strategic insights, focusing on both fixed income and bond strategies that resonate with the sophisticated needs of their clients.
Client-Centric Approach
As Behrle shared, their decision to join Prospera was not only influenced by the firm’s resources but also by the strategic fit it offered. “We were impressed with what Prospera has to offer,” he said. “The firm provides resources similar, if not superior, to what clients might find in larger banks and wirehouses, all while maintaining a personalized touch that is hallmark to smaller firms like ours.”
Advisory Firm Culture
Culture played a pivotal role in their affiliation with Prospera. Bergin emphasized the importance of a supportive environment that aligns with how they prioritize client engagement. “We are dedicated to treating our clients with the same level of care and personalized service that we expect for ourselves,” he remarked, highlighting the industry’s trend of consolidation that often diminishes the personal service aspect of wealth management. Such a perspective resonates with Prospera's deep commitment to nurturing this service-oriented culture.
Prospera's Commitment to Individualized Service
Prospera's operational model prioritizes personalized client care, evidenced by its advisor-to-home-office ratio of 2.5:1. This ensures that advisors remain deeply connected with their clients and are able to respond swiftly to their needs. Leadership within Prospera also actively encourages advisor feedback, allowing for continuous improvements in service delivery, assisted by the firm's impressive $28 billion in assets under management.
Leadership Insights
Tarah Williams, President and Chief Operating Officer of Prospera, expressed enthusiasm about the new partnership. She stated, “Steven and Joe exemplify the advisors for whom our platform was designed. Their commitment to offering meaningful, personalized service aligns perfectly with our vision. We are thrilled to have them and look forward to collaborating to provide clients with exceptional wealth management services.”
About Prospera Financial Services
Founded in 1982, Prospera Financial Services operates as a registered investment advisory and is a member of FINRA and SIPC. The company prides itself on providing the flexibility and resources akin to those found at major broker-dealers while fostering an independent spirit among advisors. Its headquarters are in Dallas, Texas.
Prospera has garnered numerous accolades, being named Broker-Dealer of the Year multiple times by Investment Advisor Magazine and recognized for its achievements in industry awards. As a firm that actively supports independent financial advisors across the nation, Prospera continues to drive innovation and excellence in the wealth management sector.
Frequently Asked Questions
What is the significance of Behrle | Bergin joining Prospera?
The addition of Behrle | Bergin marks a strategic expansion for Prospera, bringing in $200 million in assets and enhancing their service in Southern California.
Who are the new managing directors at Prospera?
Steven Behrle and Joe Bergin are the new managing directors, combining over 80 years of wealth management experience.
What are the main services offered by the Behrle | Bergin team?
They specialize in financial planning and wealth management focused on high-net-worth individuals and corporate retirement plans, particularly in fixed income and bond strategies.
How does Prospera support its advisors?
Prospera commits to a favorable advisor-to-home-office ratio and prioritizes advisor feedback to enhance the overall client service experience.
What distinguishes Prospera Financial Services in the industry?
Prospera combines the extensive resources typical of larger firms with the personalized service of smaller firms, maintaining strong client relationships.
