Overview
Company Overview
World Investment Advisors, previously known as Pensionmark, is an established network of financial advisors specializing in wealth management and retirement plan consulting. This firm is renowned for its comprehensive financial services, integrating wealth management with risk management and insurance solutions. By the end of 2023, World Investment Advisors managed or consulted on over $55.4 billion in assets. This reflects its expansive reach and robust capabilities in the financial services sector.
Rebranding
In July 2024, the firm transitioned from the Pensionmark brand to World Investment Advisors, aligning more closely with its parent company, World Insurance Associates. This strategic move represents an expansion into more advanced products and services, strengthening its position as a leading service provider.
Expansion
World Investment Advisors expanded its capabilities by acquiring a $3.5 billion Raymond James team and establishing a custodial relationship with Raymond James Financial Inc., thus enhancing its offerings within the Registered Investment Advisor (RIA) market.
Services and Specialization
World Investment Advisors provides a centralized and specialized service model focused on several key areas:
- Wealth Management: Offers personalized, risk-adjusted portfolios to meet long-term planning goals for individual clients.
- Retirement Plan Consulting: Provides comprehensive support for corporate retirement plans, including management of 401(k) and nonqualified deferred compensation (NQDC) plans.
- Advisor Services: Supports independent advisors with top-tier technology, strategic partnerships, and back-office support for practice scalability.
Leadership Team
The leadership team at World Investment Advisors includes experienced professionals dedicated to strategic growth and client satisfaction:
- Troy Hammond, CEO: Spearheads strategic acquisitions and rebranding efforts, expanding the firm's market presence and capabilities.
- Jennifer Tanck, ESQ., Executive Vice President/COO: Drives operational excellence and compliance, ensuring alignment with the firm's strategic objectives.
- Kevin Ryan, CFO: Recently appointed to steer the financial leadership team through new growth phases.
- Nathan Garrison, CIO: Manages investment strategy and market trend analysis, ensuring optimal alignment with client and company objectives.
Strategic Vision
Post-rebranding, World Investment Advisors emphasizes a personal, client-focused service approach combined with the organizational strength of a national firm. The firm is committed to innovation, diversity, equity, and inclusion, striving to deliver exceptional service while adapting to the needs of its diverse client and employee demographics.
Competitive Landscape
World Investment Advisors competes with major financial firms such as BlackRock, Vanguard, Fidelity, and State Street Global Advisors. These competitors offer a wide range of services, including asset management and investment advisory, with BlackRock and Vanguard leading in assets under management. World Investment Advisors differentiates itself by providing personalized service through its extensive advisor network, offering client-focused investment strategies and positioning as a competitive choice for tailored wealth management solutions.
Historical Context and Growth
Established in 1988 and headquartered in Santa Barbara, California, World Investment Advisors has substantially grown, leveraging its extensive network to offer robust financial guidance. The rebranding from Pensionmark signals a commitment to evolving and enhancing its brand presence and service offerings.
Contact Information
For more information or to engage with World Investment Advisors:
- Phone: (888) 201-5488
- Website: [worldadvisors.com](https://worldadvisors.com)
- Email: info@worldadvisors.com
Relevance
Understanding World Investment Advisors' market position, service offerings, and strategic growth initiatives provides valuable insights into its operational dynamics within the broader financial services ecosystem. The firm’s alignment with World Insurance Associates enhances its service range, creating new growth avenues and partnership opportunities.
