Press Releases
Private Wealth Management Announces Name Change
Wealth Management Firm Becomes Stoker Ostler Wealth Advisors
MESA, Ariz. (April 25, 2007)… Phil Stoker and Creg Ostler, managing partners of Private Wealth Management, announced today that the fee-only wealth management firm has changed its name to Stoker Ostler Wealth Advisors, effective immediately.
“The decision to change the firm name was a difficult one,” said Stoker. “When we started the firm, we had purposely chosen a name that said what we did, rather than focusing on us. While we like the name and our clients do as well, there are a number of firms in the country with similar names and it has led to some confusion as we have grown. After much deliberation and research, we have decided to follow the longstanding tradition among personal service firms, such as law firms, accounting firms and investment firms, of using our names as the founders.”
Founded in 1997, Stoker Ostler Wealth Advisors specializes in managing investments and providing financial planning for private individuals and families, small-to-medium sized institutions and non-profit organizations with investment assets of $500,000 or more. Over its decade of service, the firm has grown from the original two founders to a firm of 25 employees with locations in Arizona and Utah. As of April 2007, the firm managed more than $713,000,000 in total assets. The firm experienced tremendous growth over the past two years, more than doubling its assets under management.
In addition to the name change, Stoker Ostler has revamped its logo and marketing materials, is in the process of launching a new Web site and is planning to move its headquarters from Mesa to Scottsdale this summer.
“This name change is part of our evolution as a firm,” said Ostler, the firm’s chief investment officer. “We’ve experienced phenomenal growth in recent years, attracting highly experienced and talented professionals to our team and expanding our client list to include exceedingly successful individuals and families from all walks of life. We and we want the firm’s appearance to reflect our success and the level of services we provide. We are also pleased to be moving our Arizona office to a new location in the heart of the state’s financial community which will provide our clients with easier access to complementary services.”
Using state-of-the-art research and independent investment oversight, Stoker Ostler offers a fully-integrated team approach to financial planning by collaborating on research, analysis, planning and management in order to meet clients’ specific needs and life goals. Employees design and implement personalized plans to assist clients meet those goals with a three-fold strategy --- minimizing tax impact, reducing certain investment-related costs and obtaining optimum investment results while preserving assets. Stoker Ostler services may include any or all of the following: retirement, tax planning, insurance planning, estate planning and investment planning.
For more information about the name change or other recent happenings, contact Stoker Ostler Marketing Coordinator Brandy Gary at (480) 890-8088 or bgary@StokerOstler.com.
About Stoker Ostler Wealth Advisors
Founded in 1997, Stoker Ostler Wealth Advisors, formerly Private Wealth Management, is a fee-only wealth management firm that specializes in managing investments and providing financial planning for private individuals and families, small-to-medium sized institutions and non-profit organizations with investment assets greater than $500,000. In addition, the firm provides reporting, periodic rebalancing and active tax management services for its clients.
As of April 2007, Stoker Ostler manages more than $713,000,000 in total assets. Additional areas of expertise include: retirement planning, 401(k)/IRA distribution and issues related to the death of a spouse, divorce, inheritance and stock options.
The firm’s founders, Philip Stoker and Creg Ostler, have more than 50 years of combined experience in wealth management. Stoker Ostler is employee-owned, allowing the company to steer clear of conflicts of interest that can arise when wealth managers are aligned with a product-based financial service company. Stoker Ostler’s independence, combined with the long-standing relationships cultivated with other financial professionals, allows the firm to provide successful, unbiased financial guidance, based solely on the needs and expectations of each client.
Stoker Ostler is headquartered in Mesa, Ariz. For more information, call (480) 890-8088 or visit www.StokerOstler.com.