Annex Wealth Management announced it has hired Eric Brown, CMFC, and Dave Mills, CFP, as senior financial advisers.
Brown and Mills previously worked at Overland Park, Kan.-based registered investment advisor The Mutual Fund Store in Waukesha. They managed a total of $136 million in assets.
Their quality work, similar business values and years of experience in the industry set Brown and Mills apart, said Dave Spano, CFP, Annex president.
“We are client-centric versus product-centric,” Plano said. “All of our answers are solutions to a client’s issues. It has nothing to do with trying to deliver a product.”
Mills worked at Vanguard Group for 11 years and then MFS for four years.
“One thing that really attracted me to Annex was the strong fiduciary relationship with clients and doing what is right for clients,” he said.
Brown has 23 years of experience at firms including Dean Witter Reynolds and Shearson Lehman Bros. He helped start MFS’ Brookfield branch in 2006.
“The client is the single most important factor and we looked at (Annex’s) team approach and their growth record,” Brown said of the pair’s decision to join Annex.
Annex, based in Brookfield, is in the midst of marked growth, with plans to add another 20 advisers this year, said Mark Oswald, managing partner. The company currently has 28 adviser teams.
So far in 2011, Annex has added $170 million in new assets year to date.
“We’re growing rather quickly. Our growth rate last year was 110 percent of the previous year,” he said.
The company currently has locations in Brookfield, Burlington, Racine and West Bend. It plans to soon expand its reach, with several more branches in southeastern Wisconsin and also in northern Illinois.
