Writing for the Wall Street Journal, Norb Vonnegut profiles Gerald “Zeke” Strid, co-founder and patriarch of Concentus Wealth Advisors.
Why One Wall Street Broker Declared His Independence
The promise of control & flexibility lured wirehouse veteran Gerald Strid to launch his own shop in 2014
In 2014, Gerald Strid co-founded Concentus Wealth Advisors with his sons and, like so many others, became a breakaway.
Yet unlike so many others, Mr. Strid made the move at the age of 70. He is now in his 48th year as a wealth manager, and his King of Prussia, Pa., firm manages $420 million in assets.
Mr. Strid offers a peek into the evolution of wealth management, and his experiences suggest that control over personal success or failure, flexibility in the workplace, and a feeling of camaraderie are the three keys to career longevity.
But what I found really interesting in my interviews with Mr. Strid is that these same factors also provide a framework for understanding why so many investment representatives are abandoning the big four wirehouse brokerages and doing their own thing.
Who do you think has greater control over their client experiences, 29,000 advisers in two corporate behemoths or eight people at Concentus, which in case you are wondering, is Latin for “harmony, agreement, and concord”?
Read the entire article here.
About Concentus Wealth Advisors
As a family-based team of independent Registered Investment Advisors, Concentus Wealth Advisors is committed to helping high net worth families achieve their most important financial goals. Our advice goes well beyond the accumulation of assets to address virtually every aspect of their wealth. The detailed and disciplined process we follow with each client results in a personalized wealth management roadmap integrating investment strategy, family governance, estate planning, liability and life insurance solutions, philanthropic endeavors, real estate and more—for both today and tomorrow. Our completely objective and transparent service model allows us to act in a truly advisory and fiduciary capacity for our clients; each solution we present is drawn from the best of Wall Street and is presented entirely in the best interests of the families we serve. In today’s complex financial world, Concentus Wealth Advisors brings welcomed clarity, vision and results to our clients’ financial lives. For more information, please visit www.concentuswealth.com.
Leave A Comment