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GCC Expanding Wealth Management Division
McLean, VA — December 08, 2008 — GCC Family Wealth Management, a wholly owned subsidiary of GCC, announced today the Company is expanding their wealth management division and seeking qualified Business Development Officers (Family Wealth Advisors) to fill positions in Washington, DC, Nashville, TN, Los Angeles and San Diego, CA and Houston, TX.
“While other firms are downsizing because of proprietary trading gone bad and overhead costs soaring, we are in growth mode,” said Scott M. Freund, President of GCC Family Wealth Management. “The best thing about the advantages we offer our Family Wealth Advisors, is that they also benefit our clients. The consistent, formulaic payout means the Family Wealth Advisor can spend more time with the client instead of simply handing him off and looking for another, while the fiduciary advisor role aligns the client’s goals with the Family Wealth Advisor’s. It’s a true win-win.”
GCC Family Wealth Management is a multi-family office serving High Net Worth individuals, families and foundations. They offer a unique opportunity to Business Development Officers with a consistent, formulaic payout. It is based on total assets under management, as opposed to the traditional payouts from Private Banks and Third Party Money Managers who typically have a higher payout for the first year and then a much smaller payout, if any, in subsequent years.
Further, the Family Wealth Advisors are fiduciary advisors, free from having to balance the client’s objectives with a firm’s more profitable proprietary products. GCC Family Wealth Management is a pure open architecture advisory firm where there are no proprietary products to sell.
For more information on GCC Family Wealth Management’s business development opportunities, please contact April Spittle at aspittle@galencc.com or 703-893-0021 ext. 108.
About GCC Family Wealth Management
GCC Family Wealth Management (www.gccfamilywealth.com), a wholly owned subsidiary of GCC, is a multi-family office designed to manage the complex wealth of high net worth individuals, families and foundations. Our fiduciary advisors provide a collaboration of expertise from different wealth management disciplines including investment management, private banking, estate planning, insurance advisory and risk management. GCC Family Wealth Management is headquartered in McLean, VA, with offices in Los Angeles, CA; Nashville, TN and satellite locations in San Diego, CA and Houston, TX.
Contact:
April Spittle
Manager of Corporate Communications
703-893-0021 ext. 108
aspittle@galencc.com