Las Olas Capital Advisors launched on 3 August as a registered investment advisor (RIA) dedicated to helping entrepreneurs and ultra-high-net-worth families meet their long-term financial goals.
Las Olas Capital Advisors is led by Founder and Managing Director Paul C Tanner (pictured), formerly of UBS. The firm manages in excess of USD400 million in client assets and has additional offices in Tampa and New York. The Las Olas Capital team possesses a wide range of expertise related to creating financial solutions, managing risk, generating opportunities and providing trusted advice. Las Olas Capital works alongside entrepreneurs with family-owned companies to formulate multi-generational business development and transition, as well as wealth transfer strategies.
“As experienced financial professionals who assist with a variety of wealth and business decisions, we are uniquely positioned to provide both wealth management and merchant banking services to entrepreneurs and their families,” says Tanner, who has more than 30 years of experience in the financial services industry. “The open architecture of our new independent RIA model gives us access to significantly enhanced investment tools and resources to better service our clients’ needs. We look forward to working with multiple generations of clients in the robust South Florida, Tampa Bay and Central Florida marketplaces, and beyond.”
Las Olas Capital Advisors has partnered with TruClarity, a new, innovative brand in the financial services marketplace that is aggressively capitalising on the growing exodus of wirehouse financial advisors seeking independence. TruClarity’s core business model serves as a turnkey business incubator, turning frustrated employee advisors into business owners without the need to be business operators.
“Many of our clients are established or millennial entrepreneurs seeking to further grow their companies and transition them to new owners or the next generation,” says Tanner. “As business owners ourselves who are entering the next stage of our development, our goals and concerns are strongly aligned with those of our clients.”
In addition to Tanner, the Las Olas Capital team includes Merissa Ann Davis, who leads trading and administrative services; Samantha A Sullivan, who is responsible for portfolio analytics and research; and Melissa Stephenson, who is in charge of digital media marketing and assists with administrative services.