As Center Street Capital Advisors demonstrates a significant commitment to Florida, they are thrilled to announce the additions of Regional Managing Director Michael Schwarzberg, Senior Vice President Adam Greenbaum and Senior Client Associate Lauri Jablo to the Boca Raton office. This location has been undergoing a significant renovation to more than double in size and will be completed by mid Q4. The addition of this group marks the first major victory for Center Street in Florida.
Schwarzberg joins as Center Street’s first Regional Managing Director and will help the practice grow throughout Florida. “This might be the biggest win we could have asked for…to work with someone of Michael’s caliber, stellar reputation and execution experience is unparalleled. I believe securing this partnership means that our story will reverberate throughout the Southeast and carries a competitive advantage for people seeking independence,” says CEO Mark Klein.
As Center Street builds on the momentum of recent additions, keystone partners like Schwarzberg validate the platform. Not only does he manage a large client base, but his nearly 10-years of experience as the Branch Manager for Wells Fargo Advisors in Boca Raton is significant. “Financial Advisors seeking an alternative to the captive models of W2 employment should look no further than Schwarzberg and CSCA. His transition continues a trend we are seeing towards independence and the amount of inbound traffic resulting from his decision to join us has been overwhelming. Immediately, professional recruitment firms have doubled their attention to our practice. We anticipate the 7200 square feet in Boca Raton, our Florida Flagship, to be filled by advisors of integrity, quality and with a vision like Michael and his team,” says Co-Founder/Managing Partner Gary Wayne.
“Wells Fargo Advisors sent a message when they strategically committed to focus on the independent channel. They brought in new leadership, changed policies and promoted the benefits in a loud and deliberate way. The street was listening and so was I…after 30 years as an advisor including 8 in management, the timing of what Mark, Gary and Andrew are building was right. Having the ability to safeguard my client assets on the Wells Fargo & Company platform, leverage their tools and technology all while being compensated on a 1099 basis is the trifecta of amazement and I’m excited for what we are building…this is the future for advisors,” says Michael Schwarzberg.
Boca Raton is a natural location for Center Street’s expansion as Florida’s population of advisors has exploded. While construction was being planned on the first office, overwhelming interest led to the acquisition of space next-door in the same building. Once completed, the suite will feature a professionally designed and modern look with high-end furniture and comfortable accommodations.
“We have been deliberate and thoughtful in how and where to expand. Boca was the second location we secured soon after launching in Chatham, NJ. The demand grew so quickly that a major expansion became necessary to accommodate our size. Luckily, we combined two suites into one large office that will be the envy of all offices in the entire state of Florida! Working with Michael and his team are going to lead Center Street to new heights and we are thrilled they chose to join,” says Co-Founder/Managing Partner Andrew Wayne.
Moving over with Schwarzberg are long-time team members, Adam Greenbaum and Lauri Jablo. Adam will devote the majority of his time to focusing on the needs of clients and the further development of his business. “Eight years as a Financial Advisor has taught me a great deal about building wealth plans for clients and managing both sides of their balance sheet. After meeting the partners at Center Street, it’s clear that we share the same values of putting client’s first and I could not be more excited to get started with the team,” says Greenbaum.
Lauri Jablo, with 26 years of financial services experience, rounds out the group and plays a key role as the point person for clients. She provides invaluable support on a day-to-day basis for Michael and Adam and will be critical to the infrastructure in Boca Raton. In addition to her client-service role, Lauri will help manage the office and also provide notary support.
At Center Street Capital Advisors, we Invest In You and are building something special for people looking for a supported breakaway model. Our platform provides the comforts of a wire house with the benefits of independence. There’s a reason we are one of the fastest growing practices on the Wells Fargo Advisors Financial Network (FiNet) channel.
If you are interested to learn more about the buzz and our story, please reach out and connect.
Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFAFN uses the trade name Wells Fargo Advisors. Any other referenced entity is a separate entity from WFAFN.