Washington Wealth Management Welcomes $170 Million Advisor to Carmel Valley Office

MIDDLEBURG, Va., March 12, 2012 /PRNewswire/ -- Washington Wealth Management today announced that it has welcomed aboard William E. Blanton and his Vintage West Capital Management team, expanding the firm's Carmel Valley office with one of the preeminent private wealth advisors in the San Diego area. Formerly of Morgan Stanley Smith Barney with a track record of managing $170 million dollars in assets, Blanton is the CEO of Vintage West Capital Management and has worked in the industry since 1998.  

"Sitting on the sidelines and allowing others to make decisions for me and my clients is not my style," explained Blanton, a starting quarterback for San Diego State University in the 1990s, about his move to independence. "I am excited to have Vintage West Capital Management partner with Washington Wealth Management. We will be able to provide our clients with an unparalleled level of independence and a comprehensive range of services while at the same time having better investment tools and more products than those offered at a large firm."

Scott Wilson, Washington Wealth Management's western regional director, commented, "Billy epitomizes the type of wealth advisor that has the highest ethical standards and business savvy that Washington Wealth Management expects to attract in San Diego and offices throughout the country. He is well known in the community, not just because of his exceptional football career, but more importantly because he has established himself as a thoughtful financial planner who is always focused on the right thing, doing what's best for his client."

Blanton and his team will be part of Washington Wealth Management's Carmel Valley office in San Diego. Opened in December 2011, the Carmel Valley office is managed by branch director Mike Ferrante. "Having a quality advisor such as Billy Blanton join our office is a testament to the business model that Washington Wealth Management has implemented. Our flexible hybrid model alongside management that genuinely cares about the client and the success of each advisor is the difference between the wirehouse and independent mentality," explained Ferrante.

As a fast-growing, independent, SEC-registered investment advisory firm, Washington Wealth Management has established six branch offices and put in place branch directors in 10 cities nationwide since December 2010 when the firm was co-founded by CEO Tony Sirianni and founding partner Eric Nettere.

In discussing the firm's national roll-out strategy, John Simmons, the firm's president, remarked, "We continue to attract top-quality advisors such as Billy Blanton and our regional directors are doing an outstanding job of establishing branch offices across the country. There is much more to come later this month and beyond. In my 23 years in the industry, I've never seen a recruiting pipeline like this."

"If offered a choice between freedom and independence or being locked into a big wirehouse, the thoughtful advisor thinks of his clients and his future and chooses independence," added Sirianni. "The upfront money the wirehouses offer isn't the answer to the problems facing our industry. Our firm motto rings true today: clients first, advisors second, company last."

ABOUT WASHINGTON WEALTH MANAGEMENT, LLC

Headquartered in Middleburg, Virginia, Washington Wealth Management is an independent Registered Investment Adviser, established to create a network of independent financial advisors. The firm offers advisors the opportunity to become their own boss and take ownership in their business, and provides them and their clients with access to a full set of investment products and services from an independent wealth management platform. Advisors at Washington Wealth Management are part of an organization that encourages collaboration and idea sharing, a culture that values them as individuals and cares about the individual client.

SOURCE Washington Wealth Management, LLC