Ultrahigh-net-worth investors can have complex needs. That's why Abbot Downing, Wells Fargo's group serving investors with $50 million or more, has family historians and psychologists on staff.
The industry has largely moved to a team model, but some advisors may finish out their careers as 'bachelors,' says John Taft, CEO of RBC's U.S. wealth management division.
Debra is a Managing Partner at Brennan Financial Services, the investment and retirement planning firm established by her dad in 1983. While she has worked at the firm most of her life, she officially joined the firm in 1998 and now manages over $160M for her clients. Debra and her sister also manage Brennan Wealth Advisors, the high net worth division of Brennan Financial Services.
She specializes in developing innovative and creative solutions to meet her clients' retirement planning and estate planning objectives, utilizing the firm’s Financial Life Map to focus on the most effective strategy to achieve goals. Debra co-hosted the firm’s radio program, Dollars and Sense, on WBAP-AM with her dad through 2007, and she guest co-hosts the firm’s current radio program on KRLD-AM. She produced and co-anchored the weekly television program, Smart Money Live with the Brennans, on WFAA-TV in 2006-7.