Independent, Family-Owned 1900 Wealth Management Achieves Growth Target for 2024, Surpassing $2.3 Billion in AUM, Expanding Client Base, Team, and Adding New Alternative Investment Offerings
SAN ANTONIO—January 14, 2025. San Antonio-based, family-owned investment advisor 1900 Wealth ManagementTM (1900 Wealth®) today reported a successful 2024 marked by new services, a flourishing client base, expansion of its alternative investments platform, and double-digit growth in assets under management (AUM).
“1900 Wealth remained on a steady growth path in 2024 in an industry that has continued to face headwinds,” said 1900 Wealth President Todd Brockwell. “We attribute that to strong markets, thoughtful investment decisions and the highly personalized, exceptional customer service that has always been the cornerstone of our business philosophy.”
By the end of 2024, 1900 Wealth’s AUM surpassed $2.3 billion. The firm grew its client base, adding over 100 new clients. The year also brought continuing growth in 1900 Wealth’s alternative investments platform, which grew to a total of $165 million spread over 52 investments and over 100 clients.
In July 2024, 1900 Wealth tapped Melissa Torres-Anderson to be managing senior vice president of its Greater Austin/Central Texas office, adding immeasurably to the quality, depth and breadth of the firm’s already exceptional financial team. Anderson is a seasoned executive with more than 25 years’ experience in the financial services industry. Throughout her career, she has focused on due diligence of various investment strategies and management of finance and operations of RIAs.
“Melissa really hit the ground running,” said Brockwell. “She has done a fantastic job within a short period of time onboarding new Austin-area clients and building awareness of 1900 Wealth’s unique offerings and the value we deliver the people and organizations we serve.”
Looking ahead to 2025, first and foremost, 1900 Wealth will continue delivering excellent service and value to its clients and continuing its core strategy of growing its base in all its markets through relationship development, differentiating itself from other wealth management firms and clearly articulating its value proposition. Melissa Anderson will lead the Greater Austin/Central Texas effort and will also launch an educational program targeting generational wealth preservation, foster expertise within the community and expand the Austin team to support growth. The San Antonio team will provide sustained support for both efforts.
Brockwell said 1900 Wealth’s alternative investments platform and its family office consulting offerings attract different investor subsets. The firm will seek to raise awareness of these offerings in key geographic areas and among appropriate demographics in the coming year.
The firm’s plans also include adding three to four new alternative investment opportunities and expanding the firm’s family office consulting services through which 1900 Wealth provides personalized financial and investment services for high-net-worth individuals beyond traditional wealth management approaches. All these efforts will likely involve expanding the firm’s current staff of 17 by several new team members next year across all its offices.
1900 Wealth specializes in helping families grow their wealth through disciplined investment management, as well as managing the complex challenges faced by high-net-worth families while providing responsible stewardship over generational wealth. The 1900 Wealth team has deep knowledge and experience with family offices, alternative investments, portfolio management, tax strategy and helping families plan and manage their balance sheets.
“1900 Wealth’s objective is to invest wisely and help owners and creators of wealth manage every facet of their financial lives,” said Brockwell. “Without a doubt, our success is directly attributable to our outstanding team of knowledgeable, nimble advisors who provide principled advice and creative solutions for every client we serve.”
###
About 1900 Wealth Management LLC
Founded in 2015, 1900 Wealth® is a San Antonio-based investment advisory firm focusing on building structured wealth management plans for high-net-worth individuals and families. The firm is wholly owned by Jefferson Bank, which has been part of the San Antonio banking community since 1946. 1900 Wealth is registered as a Registered Investment Adviser with the US Securities and Exchange Commission*. Like its parent company, it is independent, guided by principles and structured for convenient, personalized service. To learn more visit www.1900Wealth.com. *Registration does not imply a certain level of skill or training.