INSIGHTSNEWS, ARTICLES AND FINANCIAL UPDATES
Financial Advocates Recognizes Two Advisors Named by Barron’s as National Leaders
OLYMPIA, WA., May 11, 2018 – Financial Advocates recognizes two of the firm’s advisors who have been named by Barron’s magazine as national leaders for 2018; Wayne von Borstel, President and Founder of von Borstel & Associates, and Matthew Riesenweber, President of Cornerstone Wealth Strategies.
“Both Wayne and Matthew strengthen our network of independent advisors with their insight, ongoing collaboration, and partnership,” said Gary Campbell, Chairman, and CEO of Financial Advocates. “It’s a pleasure supporting their practices as they continue to strive to deliver the very best in service and sound financial advice to their clients.”
The Top 1,200 annual listing, published by Barron’s magazine, is widely anticipated in the industry each year and recognizes leading financial advisors from all 50 states, including the District of Columbia. The factors considered in determining Barron’s magazine annual rankings include assets under management, revenue generated for their firms, regulatory record, quality of practice and philanthropic work.
About Financial Advocates
Financial Advocates, LLC (FA) provides servant leadership in the financial advice market and serves as a financial advisor’s primary ally through the transition, growth, and ongoing management of an independent practice. Organized in 1996, Financial Advocates serves over $11 billion in brokerage and advisory assets; $3.5 billion in advisory assets managed through the Registered Investment Advisor, Financial Advocates Investment Management (FAIM) as of 3/31/2018; $1.2 billion in advisory assets managed through the Registered Investment Advisory subsidiary to LPL Financial (LPL) as of 3/31/2018;$3.3 billion in brokerage assets served through LPL as of 3/31/2018; $2.7 billion in brokerage and advisory assets under advisement through the Registered Investment Advisor, Financial Advocates Investment Management (FAIM) as of 9/30/2017. FA’s experienced and diverse staff delivers intensive support to advisors as they transition to an Independent Broker-Dealer, a Hybrid RIA, or a RIA to achieve pure independence. Advisors then enjoy concierge-level service in business development, regulatory compliance oversight, operations, IT, marketing and investment management. FA provides services to more than 200 independent financial advisors, 11 banks and credit unions, and more than 100 support staff.
Financial Advocates and its affiliates have 27 home office employees with office locations in Olympia, WA and Tacoma, WA. For more information, please visit www.financialadvocates.com.
*As of March 2018
Securities offered through LPL Financial, Member FINRA/SIPC. Financial Planning and Investment advice offered through Financial Advocates Investment Management, a registered investment advisor. Financial Advocates Investment Management and Financial Advocates are separate entities from LPL Financial.
About Wayne von Borstel, CLU®, ChFC®, CFP®, MSFS
Wayne von Borstel is President and Founder of von Borstel & Associates and has been recognized by Barron’s as a top financial advisor in 2018, 2017, 2016, 2015, and 2009. The awards are based on assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. He is the author of The Truth Project: Having the Courage to Ignore Wall Street (High 5 Communications, LLC, December 2012, hardback, paperback, audio and Kindle edition,138 pages, ISBN 978-0985779726) and has served as a resource for several media outlets including the Wall Street Journal, Fortune, Registered Rep., Portland Business Journal, Research, Portland Tribune, The Dalles Chronicle, and more.
von Borstel holds a Master of Science in Financial Services (MSFS) degree from The Graduate School of Financial Services at The American College. He holds the following professional designations: Chartered Life Underwriter (CLU®), Chartered Financial Consultant (ChFC®), and CERTIFIED FINANCIAL PLANNERTM (CFP®).
von Borstel is a member of the National Association of Insurance and Financial Advisors, the Portland Estate Planning Council and the International Association for Financial Planning. Wayne regularly teaches financial planning courses at colleges, continuing education centers and businesses in Oregon and Washington.
To learn more about von Borstel, please visit vonborstel.com.
About Matthew Riesenweber, CFP®, CMFC®
Matthew Riesenweber is the President of Cornerstone Wealth Strategies where he provides clients with invaluable financial guidance as a wealth advisor. Riesenweber has over 13 years of experience guiding individuals toward secure financial futures and successful retirements. He has worked as a financial advisor since 2003 and began investing at the young age of 11.
Riesenweber graduated from Abilene Christian University with a degree in Finance and has since continued his education by earning the CERTIFIED FINANCIAL PLANNER™ certification and the Charter Mutual Fund Counselor (CMFC®) designation.
To learn more about Riesenweber, please visit cornerstonewealthstrategies.com