PRESS RELEASE – 1900 Wealth Touts Strong Performance in 2021, Cites 2022 Objectives
1900 Wealth Management Expects to Continue Growth Trajectory in 2022, Adding Alternative Investment Platform and Continuing Hill Country Expansion
SAN ANTONIO—February 1, 2022. San Antonio-based investment advisor 1900 Wealth Management (1900 Wealth) today touted its strong performance in 2021 and cited several objectives for the coming year.
“2021 was a strong year for 1900 Wealth, as we continued to diligently manage our clients’ investments through the uncertainty associated with the pandemic,” said 1900 Wealth President Todd Brockwell. “Not only did we see strong new asset growth and portfolio performance over the past year, but we also achieved our highest client satisfaction ratings ever. We attribute those ratings to a straightforward, transparent approach to investing, the ability to deliver creative solutions for our clients, and a strong focus on client service and communication.”
Throughout 2021, 1900 Wealth’s assets under management (AUM) increased by approximately 24% to a total of more than $1.7 billion — a result of both growth in client investment account values and the acquisition of new clients.
Investment advisors at 1900 Wealth take a holistic approach to building each client’s portfolio, tailoring an investment plan to fit that individual’s personal preferences and unique circumstances. Advisors consider the client’s time horizon, ability and willingness to accept risk, liquidity needs, the strength of their current and future income, tax situation, return expectations and other assets on their balance sheet. This holistic planning creates investment plans for clients that cover the incremental parts of their financial lives while ensuring they all work together. In essence, it is an investment strategy that regards the whole as greater than the sum of its parts.
Looking ahead, Brockwell and his colleagues are excited about continuing 1900 Wealth’s 2021 business growth trajectory. An important 2022 initiative will be the implementation of a new alternative investment platform that will provide greater access to unique investment opportunities for 1900 Wealth’s clients. An alternative investment is a financial asset that does not fall into one of the conventional investment categories, which include stocks, bonds and cash. Alternative investments can include private equity or venture capital, hedge funds, managed futures, art and antiques, commodities, derivatives contracts and real estate. The firm will add at least two new investment advisors this year to manage the alternative investment platform and support 1900’s growth.
Plans for 2022 also include expanding 1900 Wealth’s presence in the Boerne, Kerrville and Fredericksburg areas, while maintaining its San Antonio-centric focus. In the fourth quarter of 2022, the firm will move into its offices into the new Jefferson Bank headquarters under construction at 1900 Broadway Street in the Pearl district.
“We are a San Antonio firm, born and bred, with deep roots in this dynamic city and a heartfelt appreciation for its culture,” said Brockwell. “We are extremely excited about this year’s move to our new headquarters in the heart of San Antonio.”
1900 Wealth Management is a wholly owned subsidiary of Jefferson Bank, a San Antonio institution since 1946. Jefferson Bank and its subsidiaries regard their employees as their greatest assets, a philosophy reflected in the fact that more than 25% of Jefferson’s employees have worked there for 15 or more years. Not surprisingly, Jefferson Bank has been a frequent name on the San Antonio Express-News “Top Places to Work” in recent years.
About 1900 Wealth Management LLC Founded in 2015 as Monticello Wealth Management and rebranded as 1900 Wealth Management in 2021, 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 U.S. 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.