The Colony Group Announces Plans for Further Expansion in Florida
NAPLES, Fla., Sept. 30, 2013 /PRNewswire/ -- The Colony Group, recently ranked by Financial Advisor magazine as one of the fastest growing registered investment advisors in the country, announced its plans for further expansion in Florida. The expansion includes the appointment of Joseph Salvati, a long-time veteran of the company and a resident of Naples, Florida, as Senior Vice President in charge of The Colony Group's Florida offices. The company also has hired Jack Clark, a lifelong Florida resident, to work with Mr. Salvati in its Naples office.
Mr. Salvati, a graduate of Brandeis University who holds the professional designation of CFP® Professional, has provided comprehensive wealth management services to high-net-worth clients for over ten years. He will oversee The Colony Group's growing business in Florida primarily out of its offices in Naples and West Palm Beach. Mr. Clark, a graduate of the University of Florida, holds the Chartered Financial Analyst® designation. In addition, he earned an MBA from the University of South Florida.
While headquartered in Boston, the company reports that of the nearly $3 billion it manages for clients, approximately $300 million is managed for clients who reside in Florida. "I look forward to working with our entire team to offer our Florida clients the high-caliber, objective, and comprehensive wealth management services that have propelled the growth of our organization for over 27 years," said Salvati. "The Florida markets have long been one of our most important markets, and our recent actions and investments reflect our continuing commitment to offer service excellence in Florida and, indeed, throughout the country," said Michael Nathanson, CEO of The Colony Group.
About The Colony Group, LLC
The Colony Group is an independent, fee-only, wealth management company with nearly $3 billion in assets under management and offices in Massachusetts and Florida. Founded in 1986, The Colony Group provides high-net-worth individuals and families, corporate executives, professionals, and institutions with deep expertise that goes beyond investment management and also encompasses the full suite of financial counseling services, including tax, estate, retirement, and philanthropic planning, asset allocation, and cash and risk management. Earlier this summer, Financial Advisor magazine ranked the company as the 10th fastest growing registered investment advisor in the country based on its growth of assets under management from 2011 to 2012.
CONTACT: Robert Whelan of The Colony Group, LLC, +1-617-723-8200, firstname.lastname@example.org
SOURCE The Colony Group, LLC