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KBK Wealth Management launches ‘Developing Advisor Program’


KBK Wealth Management has hired Wealth Advisor Paul Tramontozzi to the firm.

Tramontozzi began his career in finance on the floor of the American Stock Exchange in 2001. As an equity options specialist, he upheld an efficient and orderly market, and actively managed a book of listed equity options on several public companies. After leaving the floor, Tramontozzi developed arbitrage strategies while working on a proprietary trading desk that focused on exchange traded funds.

As one of the largest branch offices of Commonwealth Financial Network, KBK Wealth Management has established themselves as a leader in their industry by providing holistic, independent advice in all areas of financial services. "I am excited to be working with such a knowledgeable and experienced team at KBK Wealth Management. I am looking forward to leveraging my years of experience on a trading desk to help individuals and small businesses manage their investments and risk," says Tramontozzi.

Tramontozzi will be one of the first advisors to participate in KBK Wealth's new 'Developing Advisor Program (DAP)' which was created to help guide and support new advisors in transition. The program touches on all aspects of the wealth management profession and will feature a 12 to 24 month intensive introduction to the world of financial planning. This includes area such as business development, portfolio construction, professional development, marketing, and compliance. In addition, they have created a competitive compensation arrangement so advisers can focus their efforts on growing their practice without the common financial demands that so often distract younger advisers from reaching their true potential.

Richard Kass, partner of KBK Wealth Management, says: "We are constantly evaluating younger potential advisers and it is not common to find one with Paul's level of investing experience and maturity to transition into an advisor position. That was one of the major reasons why Paul became the first candidate in our Developing Advisor Program (DAP). The future of our business and industry depends on the next generation of advisers being technically proficient and able to function as a business owner. We at KBK Wealth are devoting a considerable amount of resources and time not only trying to identify the next generation of advisers, but also developing a structured career path that they can excel in."

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