Today we announced our thoughtfully planned transition from being employees at Wells Fargo Advisors to owning and operating our own independent advisory business. Sarah Berry and Michael Machnowski CFP® will be leading The Berry Group, a fee-only, registered investment advisory (RIA) firm with new offices in Worcester, Massachusetts. The duo brings more than 60 years of experience as financial advisory professionals, Berry and Machnowski are joined by Oliver Cragan, wealth advisor, and Cathy McGinty, senior client service officer to support the growth of the firm. The Berry Group is engaging TradePMR for technology and custodial support based on the firm's twenty-year track record of serving thousands of RIAs. First Clearing, a trade name used by Wells Fargo Clearing Service, LLC, a member of SIPC, a registered broker/dealer and non-bank affiliate of Wells Fargo & Company, will provide securities execution and brokerage clearance services. Clients were able to seamlessly transition to our new RIA firm with only a few signatures. Account numbers and standing instructions stayed intact, and they remained in their current positions. Earlier this year, TradePMR and First Clearing announced a streamlined transition process for financial advisors looking to establish their own independent RIA. We are thrilled to be able to offer this seamless process to our clients. Investors interested in scheduling a consultation can call (508) 713-9580 or email info@BerryAdvice.com.
Read the full news release here, via Yahoo! Finance: