GCG Wealth Management, an independent, regional financial services firm that manages total client assets of more than $1.5 billion and provides financial strategies for investment management, financial planning, retirement planning, estate and legacy planning, tax management and more, has launched its newly established division, GCG Advisory Partners, dedicated to the recruitment and transition assistance of wirehouse and captive advisor teams, and delivering ongoing support in business development and operations. GCG Advisory Partners was established to fill the gap for advisors between the full-service wirehouse and full liability business owner. Additionally, GCG Advisory Partners will help facilitate succession and acquisition planning for advisors through attractive buys outs, maintaining the profitability of the practice and retaining the advisor over an agreed upon transition period.
In April, GCG Advisory Partners officially completed another acquisition as a separate division with Cooper Investment Co., a firm owned by Thomas Greg Cooper, a second generation owner. With more than $270 million in assets under advisement, Cooper selected GCG Advisory Partners over other finance options as they valued both the competitive succession support and GCG’s appreciation and continuation of the Cooper legacy.
“Joel and his team understand the importance of generational wealth building, and the value of succession planning. That is what attracted me to GCG Wealth Management,” stated Greg Cooper, president of Cooper Investment Company. “The leadership team’s dedication to uphold the legacy that Cooper Investment Company has in the Jacksonville area ultimately helped us make our decision.”