WMS Partners welcomes TRIA Capital Partners as a minority shareholder

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TOWSON, Maryland – (COMMERCIAL THREAD) – WMS Partners (“WMS”), a $ 5 billion multi-family office focused on wealth planning and investment in the public and private markets, is pleased to announce the closing of an investment by TRIA Capital Partners (“TRIA”) through which TRIA will become a non-controlling minority shareholder of the company. TRIA’s passive investing is the cornerstone of WMS’s commitment to remain an independent and permanent company that provides its client families with unbiased and conflict-free advice. The partnership with TRIA also enhances WMS’s ability to serve future generations of clients through better succession planning, attracting and retaining top talent, and accessing capital for strategic investments in the industry. ‘business.

“After extensive research and thoughtful thinking, it was clear that TRIA was absolutely the right partner for WMS, ”said Tim Chase, co-founder and president of WMS. “Their support for our long-term independence and the commitment we have made to our customers, current and future generations, set TRIA apart. We couldn’t be happier to have them as a partner.

“We have seen many of our peers sell a controlling stake in their business, ”said Martin Eby, co-founder of WMS. “With our clients, shareholders and colleagues still in the lead, we had no interest in this approach. “Added Dave Citron, co-founder of WMS,”The relationships we have with our client families are deep and this transaction gives them the continuity they deserve.

Jeff Hill, Senior Financial Advisor and Shareholder added: “For me and my fellow second-generation shareholders, TRIA’s investment is essential for WMS to maintain its long-term autonomy and enable our advisors to continue to provide objective, creative and personalized solutions to our client families every day. . Following TRIA’s investment, the company also plans to welcome three additional employees as shareholders in the very short term. “Our partnership with TRIA, and the support and flexibility it offers, allows us to add new employee owners now and in the future, ”said Todd Wickwire, CEO of WMS.

“WMS occupies a unique position in the market, ”said Ben Robins, co-manager of TRIA. “There are very few companies in the country capable of providing the complex estate planning and sophisticated alternative investment solutions they offer, and their roster of planning and investing professionals is best in class. We are delighted that WMS has chosen TRIA as a long term partner.

About WMS Partners

WMS Partners, a registered investment advisor with over $ 5 billion in assets under management, was founded in 1993 as a multi-family office providing a family-friendly alternative to traditional financial services firms – independent, transparent and aligned. on the interests of clients. As a fiduciary providing paid services to an ever-growing circle of affluent families, WMS takes an open architecture approach and is completely objective in the expertise it brings in wealth planning, public and private investments. and advice on family patrimony. Read more on: www.wms-partners.com

About TRIA Capital Partners

TRIA Capital Partners provides customized financing solutions to leading wealth management companies that need outside capital but wish to remain majority owned and controlled by their employees. The TRIA leadership team is led by co-founders and co-managers Steve Cortez, Yvonne Kanner and Benjamin Robins. For more information visit: www.triacapitalpartners.com


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