Goss Advisors Wraps Up First Half of 2021 With Momentous Growth

GWM Advisors LLC (“Goss Advisors”), a leading New Orleans-based RIA supporting successful independent financial advisors nationwide, marked its most successful recruitment quarters in its history, adding 14 new advisors across seven new advisor teams in the first six months of 2021. The significant growth has allowed the firm to reach new markets in seven different states and added six new branch office locations, including its first location in Ohio. Momentum is expected to continue in the second half of the year, as the firm’s rapidly expanding footprint opens the door to new opportunities for growth. This expansion helped fuel a nine percent increase in assets under advisement year-to-date, bringing total assets to $9.5 billion.

Goss Advisors provides strategic partnership opportunities for like-minded advisors seeking to transition to an independent practice, adding resources, operational and back-office support services that are critical to advisor success. Goss supports advisors’ ongoing growth and offers a unique value proposition as they look to focus on client needs. The firm’s model has driven its success with advisors, and with the latest additions, the RIA serves over 117 independent advisors across 18 states in the U.S. It is continuing to expand both geographically and in assets under advisement.

“Our goal is to empower advisors to transition to the independent space and fuel their growth,” said Alex Goss, CEO and Co-Founder of Goss Advisors. “We designed a platform that supports advisor recruitment by allowing advisors to efficiently run their business, as well as meet and exceed client expectations. We are excited that so many advisors realized the potential of partnership so far this year and look forward to continued growth.”

The added advisor groups include Legacy Edge in Melville, N.Y.; Brandt Wealth Advisors in Newburyport, Mass., First Harvest Wealth Management Group in Salina, Kan; Cubit Wealth Management in Maumee, Ohio; Tempo Investment Advisors in Chaska, Minn.; and Heritage Family Wealth Management in Montvale, N.J. Two advisors also joined an existing Goss partner, Providence Private Wealth in Arlington Heights, Ill. The expansion is a result of a broadening of offerings and adds significant talent across the Goss advisor network and within the financial services industry.

Scott Israel, Partner and Senior Wealth Management Advisor at one of the newly added firms, Legacy Edge, said: “Moving into the independent space has allowed us to prioritize our clients and their needs. With support from Goss Advisors, we are able to provide local, personalized service that is of the utmost importance to us while being backed by the resources of a national company.”

“Advisors are proactively looking to take full control of the client experience in a way uniquely afforded by the RIA space,” said David Symecko, Director of Business Development at Goss Advisors. “Our value is resonating with quality advisors who appreciate the support service we provide and who are eager to pass this value to their clients. We have seen these advisors thrive within the Goss model, with some even exceeding annual asset growth targets in just the first half of the year.”

Goss expects to continue its recruiting momentum through the rest of the year and beyond with objectives to further expand the geographic footprint while also adding to overall assets and resources.

About Goss Advisors
New Orleans-based Goss Advisors is a rapidly growing partnership RIA built by financial advisors and collectively shared with other successful advisors and teams. The firm, which embraces a transparent approach to educating advisors on the myths of independence, continues to attract top-performing advisors from across the country.

In 2020, Goss Advisors became a part of EdgeCo Holdings to lead the 1099 wealth division. For more information on Goss Advisors, please visit www.gossadvisors.com.

About EdgeCo Holdings
Through its subsidiaries, EdgeCo Holdings is a leading provider of best-in-class technology-enabled solutions for financial intermediaries and their clients. For over four decades, EdgeCo companies have provided a suite of technology and support services including full-service retirement plan administration, brokerage, advisory, and trust and custody services to a diverse national client base of financial intermediaries. This client base includes registered representatives, investment advisors, and other financial intermediaries including retirement plan recordkeepers, TPAs, bank trust departments, broker dealers, and insurance companies. The firm services approximately $160 billion in client assets under custody or administration and more than 15,000 financial advisors and 500 financial institutions.

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