History of WMGNA
WMGNA traces its roots back to 1994 when Brian Beck and Dan Friedman met at a pick-up basketball game at the West Hartford JCC. It took less than one year for them to build their first business dedicated to helping people manage their money better.
Founded on August 15, 1995, Sound Financial Strategies, LLC (SFS) had a unique mission: to be a “one-stop” tax and financial management group that could assist both individuals and small businesses in coordinating all their financial matters. Since most financial companies only provide one specific service, SFS was a unique firm.
One of the chief goals of the new financial advisory company was to help clients save money on taxes and unnecessary expenses. SFS worked with its clients personally to develop strategies that helped them make smarter choices with their money. With all aspects of their financial lives better organized and managed, they were able to lead less stressful and more rewarding lives.
Quick Growth Produces WMGNA
The unique business model worked and SFS began expanding into other states—18 in total. To better reflect its development, SFS changed its name in May of 2000 to Wealth Management Group of North America, LLC (WMGNA). Although the name was new, the mission was not.
WMGNA continued the process of giving its clients unbiased strategic wealth planning and asset management from an independent, cohesive team of professionals. WMGNA clients were able to receive assistance from CPA’s, lawyers, bankers, insurance specialists, and money managers—all with just one membership. This form of financial management is still our mission today.
More Focus on Retirement
As the Baby Boomers began turning 60, the firm saw an obvious need in the financial services industry. In 2007, WMGNA began focusing its brand around retirement planning. To better reflect this change, the company launched The Restylement Plan™, a unique method of financial planning that concentrates on the dynamic lives of our clients.
So that’s where WMGNA is at today and we believe that the future is going to be even better.
We believe money is a means to an end, but it’s not an end. Time is the great equalizer, and we all only have 24 hours in a day, 168 hours in a week, and everyone wants to have “enough” time to enjoy their money.
That is why we created our True Success™ formula:
True Success is Having a Great Lifestyle + Money × The Time to Enjoy It!