Spinnaker Investment Group LLC, a leading privately owned investment management firm based in Newport Beach, marked its fifth anniversary with a focus on reinvention of the wealth management industry toward an improved high-touch, high-tech client experience. Over the past five years, the firm has launched a number of client service innovations while expanding its staff from 3 to 9 professionals, relocated to larger offices, and increased assets under management from $100 million to more than $420 million.
“We attribute Spinnakers steady growth to a singular focus on providing a first-rate client experience,” said Morgan Christen, CEO and Chief Investment Officer for Spinnaker. “Our partners previously worked together, and our vision of a leaner firm dedicated to exceptional personal service and value has resonated with clients and generated numerous referrals and opportunities,” he said.
Christen founded Spinnaker Investment Group in May 2016 together with company President Joseph Stapleton, and quickly added Andrew Krongold to their team as Vice President. Since then, Krongold has become a Partner and the firm has grown in staff with the addition of financial advisors, insurance specialists and a full-service client concierge team.
The firms services include financial planning, wealth planning, retirement planning, asset management, securities and insurance. The firms approach to client service is similar to the way a Chief Financial Officer would advise a business, by providing consistency and helping 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.
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 past three consecutive years in the Orange County business media as one of the regions fastest-growing private companies of any category. “Considering the explosion of financial resources available for do-it-yourself online trading, combined with the exposure afforded to volatile investment trends and fads, it is more important than ever to have a well-researched and disciplined investment strategy, developed with the support of a fiduciary advisor,” he said.
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. The firms services include Financial Planning, Wealth Planning, Retirement Planning, Asset Management, Securities and Insurance. For more information, visit www.SpinnInvest.com.