South Coast Metro, Calif., June 5, 2019 (Updated) – Golden State announced today on behalf of Golden State Asset Management (GSAM), that advisors who participate in GSAM’s Turnkey Asset Management Program (TAMP) will have the opportunity to earn equity in the firm. The TAMP is an SEC, registered investment advisor that seeks to provide a simplified solution for advisors to better manage their clients’ assets. The program streamlines the investment process for advisors because the day-to-day portfolio selection and management is centrally managed and overseen by the firm’s Chief Investment Officer, Kyle Fairall, who works with strategic partnerships. A significant advantage for participating advisors is that they have the potential to earn equity ownership in the TAMP, which is available to advisors under the Golden State umbrella as well as non-affiliated advisors.
“We are excited to give advisors who see the benefits in this program the opportunity to have a stake in Golden State Asset Management. We are focused on the business of our advisors and helping them serve their clients as best they can. Forming strategic partnerships with other investment management firms and asset managers and giving advisors equity ownership aligns our beliefs in wealth management and running a business. We have received overwhelming interest and participation in this early stage, and we are looking forward to watching the program grow” states Daniel R. Catone, Founder and Chief Executive Officer of Golden State.
About Golden State
Golden State Asset Management and the Golden State family of companies are SEC registered investment advisers dedicated to financial professionals and their clients. The firm’s sister company Golden State Wealth Management was founded in 2013 by a group of executives who collectively contribute over 50 years of industry experience and has partnered with advisors serving over $1.5 billion in brokerage and advisory assets. Golden State’s infrastructure provides an extensive support network through succession planning, compliance oversight, dedicated transition support, a cost-efficient investment platform and a Turnkey Asset Management Program that seeks to provide its network of advisors with equity ownership opportunities. The Golden State family of companies maintains business alignments with LPL Financial, the nation’s largest independent broker/dealer*, Raymond James, , and Charles Schwab, some of the nation’s largest independent custodians, who provide comprehensive tools and research necessary in today’s complex markets.
With a flagship office in South Coast Metro, California and a goal to continue expanding offices across the country, Golden State is committed to creating an atmosphere that benefits both advisors and their investors.
*As reported in Financial Planning magazine, June 1996-2018, based on total revenue.
201 E. Sandpointe, Suite 460
South Coast Metro, CA 92707
Investment advice offered through Golden State Asset Management, a federally registered investment adviser. Golden State Wealth Management and Golden State Asset Management are separate entities from LPL Financial. Representatives of Golden State Wealth Management are also registered representatives with and securities offered through LPL Financial, Member FINRA/SIPC.