Spinnaker Investment Group LLC, a leading privately owned investment management firm based in Newport Beach, announced its current assets under management now exceed $500 Million. Less than six years since its launch, the firm’s approach to reinventing traditional investment management has resulted in rapid client and investment growth, said Morgan Christen, CEO and Chief Investment Officer.
“The half-billion AUM mark is an important milestone for Spinnaker Investment Group,” said Christen, who founded the firm with President Joe Stapleton in 2016. “Our rapid growth validates our vision of a high-tech, high-touch boutique investment firm offering the same capabilities of a large bank or financial institution but with concierge- level personalized service.”
Christen added that, on the strength of its growth in assets under management and its in-house team, the firm has been recognized for the previous three consecutive years in the Orange County business media as one of the region’s fastest-growing private companies of any category. “In spite of the explosion of fin-tech resources, new investment apps and resources for DIY traders, it is clear there is a continuing demand for fiduciary investment advisors following a well-researched and disciplined investment strategy in pursuit of personal financial goals,” he said.
“At Spinnaker, we have maintained a singular focus on delivering a first-rate client experience,” said Joe Stapleton, the firm’s President and co-Founder. “We have prioritized investment in our business to customer-facing areas such as our concierge team, our client web portal and suite of tools that offers our customers a dashboard to their finances.” Stapleton said the recent launch of its independent Spinnaker Tax Group subsidiary further illustrates the firm’s commitment to providing end-to-end customer service in the way a CFO would advise their organization.
Spinnaker Investment Group’s services include financial planning, wealth planning, retirement planning, asset management, securities and insurance. The firm provides consistency and helps clients to prepare and adjust investment strategies that complement the stages in their lives, whether saving for a home or other major investment, as well as preparing for retirement.
Spinnaker serves a broad customer base throughout Southern California, as well as many clients based across the United States. An independent firm that does not represent a specific company, bank or Wall Street institution, Spinnaker confidently and autonomously advises clients with individually tailored financial strategies designed to achieve financial independence. For more information, visit www.SpinnInvest.com.