Led by Todd Williams, managing director at TWP, the joint venture is intended to create a seamless financial experience through an integrated client service model.
Established in 1972, TWP’s seven certified public accountants represent over 900 businesses and individuals across West Virginia, Virginia, Ohio, Kentucky, and Tennessee.
Williams ensured that the partnership will prove “particularly attractive” to Concord’s business owner clients as a result of the increased access to TWP’s industry experience.
He said: “TWP’s certified public accountants will be accessible not just to do personal annual tax returns, but also to provide strategic consultation about business tax implications, and bookkeeping. It’s like having a built-in comptroller’s office for their small businesses.”
Concord offers in-house tax and accounting services to its client-base, which it expects will benefit from having their personal accountants work directly with their wealth management advisors.
Wade Lopez, founder of Concord Wealth Partners, said: “Combining our teams was a no-brainer as we can fully serve clients from both firms.
“Investments, income, and retirement planning are as innately tied to tax considerations as they are to wealth management services. Our clients require tax / accounting expertise, and similarly, TWP’s clients need wealth management and investment advice.”