When Aaron Watson partnered with Wealthspring a little over a year ago, he was a CPA and wealth management advisor with a respected practice and a long list of clients he served personally. What he wanted was more support behind the scenes so he could keep giving those clients his full attention. Three things stand out in what that partnership gave him.
1. Access to Resources and Expertise
Aaron gained access to resources that would be hard to build alone. With chief investment officer and wealth management advisor Stephen Galli on staff, Aaron has moved many client holdings into actively managed advisory accounts supported by continuous research, rebalancing and communication. As a CPA, he also has experienced professionals to lean on for more complex client needs.
"I like that aspect of the continuous research, continuous rebalancing, continuous analyzing and working with the client."
2. Operational Support That Frees His Time
The platform also carries the day-to-day operational load, from administrative work to client-service workflows, so running the business no longer competes with serving clients. With a growing team behind him, Aaron walks into meetings prepared and focused on the conversation instead of the logistics.
"I come into the meetings a lot more relaxed, knowing everything's ready. I know the portfolios, I know what they're in, I know why they're in it."
3. A Clear Path for Succession and Continuity
Partnering gave Aaron a strategic plan for the future of his practice, so the care his clients rely on can carry forward through his team and his son. For fellow CPAs, he notes that pairing a tax practice with an investment side adds lasting value and opens more options than a sale to a larger buyer.
"The backup's there, the system's there, and the roadmap is there."
Start the Conversation
Aaron's advice to other advisors and CPA owners is to start planning early, well before they need to.
More than a year in, Aaron keeps it simple: "It's been a real good partnership." If you have built a practice you care about and are thinking about the next stage, those are the kinds of resources, support and options worth exploring.
Ready to explore what the next stage of your practice could look like? Start the conversation with Wealthspring.