Wymer Brownlee Wealth Strategies: Company Profile

Background

Wymer Brownlee Wealth Strategies is a holistic financial services firm founded in 1969 in Fairview, Oklahoma, by Deane Wymer. Initially established as a tax and accounting business, the firm has evolved over five decades into a comprehensive wealth management entity. Headquartered in Enid, Oklahoma, Wymer Brownlee now operates multiple offices across the state, including locations in Tulsa, Oklahoma City, Fairview, and Bartlesville. The firm offers a wide range of services, including wealth management, financial planning, tax preparation, accounting, and business consulting. Wymer Brownlee is recognized as the largest independent affiliate of Avantax Wealth Management®, a leader in tax-advantaged financial planning.

Key Strategic Focus

Wymer Brownlee's strategic focus centers on providing integrated financial solutions that address all aspects of a client's financial life. The firm's core objectives include:

Holistic Financial Planning: Offering comprehensive services that encompass wealth management, tax planning, accounting, and business consulting to create tailored financial strategies.

Client-Centric Approach: Emphasizing personalized service to help clients achieve their financial goals and live purposeful lives.

Community Engagement: Actively participating in local communities through philanthropic efforts and support for various organizations.

The firm utilizes a collaborative approach, integrating expertise across various financial disciplines to deliver cohesive and effective solutions.

Financials and Funding

As of the latest available data, Wymer Brownlee manages approximately $600 million in client assets. In 2018, the firm announced a strategic growth plan aiming to double its assets under management over the next six to eight years. This plan includes expanding its team by adding two to three advisors and three to four support staff to enhance client service and capacity.

Pipeline Development

Wymer Brownlee's pipeline development focuses on expanding its client base and service offerings. The firm has been actively recruiting professionals across various disciplines, including law, tax, accounting, and marketing, to enhance its holistic wealth management services. Additionally, the firm relocated its Oklahoma City office to a more accessible location to better serve clients across the city.

Technological Platform and Innovation

Wymer Brownlee leverages advanced technological platforms to provide efficient and effective financial services. The firm utilizes proprietary technologies and scientific methodologies to deliver comprehensive financial planning and investment management solutions. While specific details about their technological platforms are not publicly disclosed, the firm's commitment to innovation is evident in its integrated service offerings and strategic growth initiatives.

Leadership Team

Wymer Brownlee's leadership team comprises experienced professionals dedicated to the firm's mission and values. Key members include:

Kyle Brownlee: CEO and Senior Wealth Advisor. A visionary leader with a background in financial planning and investment management, Kyle has been instrumental in the firm's growth and strategic direction.

Stephen O’Neill: Senior Wealth Advisor and Shareholder. With a background in business administration and management, Stephen has been with the firm since 2007, contributing significantly to client relationships and service delivery.

Aaron Waters: Senior Wealth Advisor and Shareholder. Holding a Bachelor of Business Administration in financial management, Aaron joined the firm in 2010 and has been pivotal in expanding the firm's presence in Oklahoma City.

Andrew Barnes: Senior Wealth Advisor and Shareholder. With a Bachelor of Business Administration in management, Andrew has been with the firm since 2014, focusing on wealth management services in Tulsa and Bartlesville.

Andrew Gaskill: Director of Financial Services. A graduate of Oklahoma State University with a degree in management, Andrew has been with the firm since 2015, overseeing financial services operations.

Competitor Profile

Market Insights and Dynamics

The financial services industry in Oklahoma is characterized by a diverse range of firms offering various services, including wealth management, tax planning, accounting, and business consulting. The market is competitive, with firms striving to provide comprehensive solutions to meet the evolving needs of clients.

Competitor Analysis

Key competitors in the Oklahoma financial services market include:

Hometown Lenders: A financial services firm with an estimated annual revenue of $106.8 million and approximately 407 employees.

Geneva Financial: A financial services firm with an estimated annual revenue of $220.4 million and approximately 734 employees.

Landmark Title Assurance Agency: A financial services firm with an estimated annual revenue of $23.1 million and approximately 110 employees.

NEXA Mortgage: A financial services firm with an estimated annual revenue of $727.9 million and approximately 2,500 employees.

MW Financial Group: A financial services firm with an estimated annual revenue of $40 million and approximately 173 employees.

These competitors offer a range of services similar to Wymer Brownlee, including wealth management, tax planning, and business consulting.

Strategic Collaborations and Partnerships

Wymer Brownlee's affiliation with Avantax Wealth Management® enhances its ability to provide tax-advantaged financial planning solutions. This partnership allows the firm to leverage Avantax's resources and expertise, strengthening its market position and service offerings.

Operational Insights

Wymer Brownlee differentiates itself through its holistic approach to financial services, integrating wealth management, tax planning, accounting, and business consulting to offer comprehensive solutions. The firm's commitment to community engagement and personalized client service further distinguishes it in the competitive landscape.

Strategic Opportunities and Future Directions

Wymer Brownlee's strategic growth plan aims to double its assets under management over the next six to eight years. By expanding its team and enhancing service offerings, the firm seeks to capture a larger share of the market and continue its legacy of providing exceptional financial services to clients across Oklahoma.