IHT Wealth Management has established a formal affiliation agreement with nVision Wealth Group (nVision), whereby nVision’s five Kansas-based independent financial advisory practices will transition their RIA assets to IHT’s platform.
nVision Wealth Group was formed in 2014 by industry veterans Mike Osborne, David Wernli and Paul Ward. The five independent practices that comprise nVision encompass 14 financial advisors who collectively support roughly USD570 million in fee-based advisor, brokerage and retirement plan assets.
IHT Wealth Management’s Founder and President, Steven Dudash, says: “We’re thrilled to team with all five of nVision’s independent financial advisor businesses. The ongoing flight to quality among independent advisors from smaller broker-dealers to larger firms has been mirrored by a similar trend occurring across the Super-OSJ space, and as more and more advisors realise that clients win when firms come together to share costs, secure preferred pricing arrangements and become more adept at tackling compliance duties we expect this burgeoning industry trend to continue. We’re honoured to partner with nVision, and we look forward to working together to empower one another’s growth and to help every advisor under the IHT banner better service their clients for many years to come.”
In a joint statement, Mike Osborne and Paul Ward, say: “When the five practices that comprise nVision Wealth Partners came together three years ago, our goal was to mobilise our combined strength and resources to enable each of our advisors to maximise time spent on client-facing activities. But times have changed, and our industry’s new fiduciary era demands that each advisor devote more attention than ever before in thoroughly understanding the unique needs of each client relationship. It’s incumbent, therefore, on every independent advisor to continuously seek new ways and fresh approaches to deepen each client engagement they have. Viewed through this prism, our decision to affiliate with IHT was a very logical decision, and we’re excited about everything we can achieve in partnership with our new Super-OSJ going forward.”
Dudash says: “Increasingly, smaller and mid-sized Super-OSJ groups will be compelled to consider aligning with larger players in this post-DOL environment, and in this new industry landscape, we’re confident that IHT is ideally positioned to become the top partner of choice for independent advisor practices and independent advisor teams of all sizes.”