1900 Wealth’s Austin Expansion Signals Strong Growth as the Family-Owned Investment Advisor Brings Personalized Service and Unparalleled Expertise to the Austin Market.
AUSTIN, TEXAS—June 7, 2023. San Antonio-based investment advisor 1900 Wealth ManagementTM (1900Wealth®) today announced the expansion of its Texas footprint with the June 1 opening of a 1,000 square-foot office at 812 San Antonio, Suite L12, in the heart of downtown Austin.
Led by 1900 Wealth President Todd Brockwell and Senior Vice President Matt Richter, the Austin expansion allows the firm to serve clients in the Greater Austin/Central Texas market with the same brand of highly personalized attention and knowledgeable, principled advice for which the firm has been known in San Antonio and South Texas since 2015.
“This Austin opening represents a tremendous opportunity for business development in one of the nation’s fastest-growing markets, per the most recent U.S. census,” said Brockwell (Ura, 2023). “As the Austin area continues its phenomenal growth, we believe more and more high-net-worth individuals are needing sound investment and wealth management guidance. With the growth along the Austin-San Antonio corridor, we have more and more in common with Austin. This is a natural move to make.”
“According to Henley and Partner’s 2023 Wealth Report, Austin is the fastest-growing city in the U.S. for the nation’s wealthiest individuals,” said Richter (Ybarra, 2023). “There has been an incredible amount of private wealth created or transitioning to Austin in recent years. With the private wealth of high-net- worth individuals, the objective is not only investing stocks and bonds wisely; many other responsibilities come with wealth. 1900 specializes in helping the owners and creators of wealth manage every facet of their financial lives.”
1900 Wealth is wholly owned by Jefferson Bank, a family-owned legacy bank that has been serving the South Texas banking community since 1946. Founded in 2015, 1900 Wealth has operated with the same attitude and principles of its parent company; it is independent, Texas-owned and ideally structured for best-in-class, personalized service.
1900 Wealth specializes in helping families through sound investment management, as well as managing the multiple facets of high-net-worth families while providing responsible stewardship over generational wealth. Its clients also benefit from the expanded resources from the parent company, as team members in both cities work together across all departments. The 1900 Wealth team has deep knowledge and experience with family offices, portfolio management, tax strategy and helping families plan and manage their balance sheets. The Austin team offers all the services provided by the San Antonio office, including access to the 1900 Direct Series LLC alternative investment platform, which we believe, sets them apart from competitors. With the addition of the Austin office, Brockwell expects the entire 1900 Wealth staff to increase to about 17 by the end of the year.
Austin-area clients will benefit from the expertise of 1900 Wealth Senior Advisor Dan Slattery CPA, a veteran financial consultant with vast experience counseling owners and executives of closely held businesses and other individuals on their personal financial issues, including real estate planning and income tax planning techniques.
Investment advisors at 1900 Wealth have a wide array of professional skill sets, with experience ranging from family offices, institutional portfolio management and extremely high-net worth portfolio management. 1900 Wealth’s investment advisors set them apart from competitors, with each advisor offering a strategic and unparalleled personal approach to investment management. Their “Asset Class Investing” takes a holistic approach to building each client’s portfolio. Advisors tailor an investment plan to fit the individual’s personal preferences and unique circumstances.
“We are tremendously excited about the opportunities on the horizon for 1900 Wealth with this Austin expansion,” said Brockwell. “We intend to be integral to this community, and we look forward to expanding our legacy within the Austin and Central Texas markets.”
Elizabeth Uhl Kleberg and Luke Barney of Endeavor Real Estate Group represented the landlord in lease negotiations.