St. Louis-based Synergy Wealth Solutions Inc. has opened an office in Springfield.
Financial advisor Chuck Dow was hired to lead the local operation as managing director. He said by email that the company’s office at the Frisco Building, 3253 E. Chestnut Expressway, opened on March 1.
“As we look to grow our business in our five-state region, we’ve put a big circle around Springfield as a community we’d like to impact and grow with,” said Synergy CEO Brian Roberts, in an April 20 press release announcing the market entry. “Small business economic growth coupled with incredible Midwestern family values is a perfect fit with our Synergy Wealth Solutions value proposition and the way we support our clients. “
Synergy manages more than $ 7 billion in assets company-wide, Dow said. He declined to disclose the assets under management of the Springfield office as it starts up.
Synergy works with about 65,500 clients and 160 financial advisers, according to the release. Of the society website lists the territories of St. Louis, Springfield, Kansas City, Greater Missouri and Illinois.
Dow comes to Synergy from Northwestern Mutual, where he served as a financial advisor for over seven years, according to his LinkedIn profile. Dow in 2018 was among the Springfield Business Journal’s 40 under 40 award winners.
“I look forward to seeing our business grow and support the growth of our community, to become stronger together,” he said in the statement.
Synergy website Dow says runs an office of a dozen employees.