Commonwealth Financial Network, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announced that Terramar Wealth of Carlsbad, California, has joined its network of independent financial advisors. Previously with Osaic, the team reported serving over $300 million in client assets. The advisors include Mike Gallop, CFP, AIF, Danny McMahon, Steve Statzer, Steve Rubinstein, Greg Fox, Jeffrey Gardner, and Todd Oberlin, and are joined by Pat Posada, director of compliance.
The Terramar Wealth team – which spanned across three generations – has built its business on emphasizing strong client relationships. And the firm was an Office of Supervisory Jurisdiction (OSJ) affiliate of SagePoint Financial for more than two decades and has been appointed to serve as an OSJ as a Commonwealth affiliate. The team also helps clients achieve financial balance through comprehensive financial planning, customized investment portfolios, and guidance on Medicare, social security, and other long-term care considerations.
KEY QUOTES:
“We’re honored that Terramar Wealth chose Commonwealth for its only affiliation change in 22 years as it charts a growth trajectory that includes deepening services to high-net-worth clients. We are confident our tools and support will help Terramar Wealth advisors bring greater ease and efficiency to client service while also helping them meet their growth objectives.”
– Becca Hajjar, managing principal and chief business development officer
“As we considered changing partner firms, our main focus was quality. Every interaction we’ve had with the Commonwealth home office team has been positive. That goes far beyond leadership and recruiters. Having experienced and knowledgeable people at the other end of the phone, along with an attractive ratio of advisors to home office staff, eliminates problems and delays. That makes a substantial impact on efficiency in our day-to-day work serving clients.”
“Our home office visit validated that until you seek change, you only know what you know. When we completed that visit, we were excited for the future, seeing what Commonwealth could offer from day one across integrated technology, enhanced customer service, and greater access to research.”
– Mike Gallop, wealth advisor and principal
