Strategy
Oklahoma-Based Wealth House Aims High Over AuM

The organization, which recently relocated to more prominent offices, said it intends to double AuM in less than a decade.
Oklahoma-based Wymer Brownlee Wealth Strategies, which manages almost $600 million of assets, intends to double that figure in the next six to eight years and add more advisors and support staff, tapping a need for advice following recent big tax changes.
WBWS, founded in 1969, will add two to three advisors and bring in three to four support staff, it said earlier this week.
Sweeping US tax changes that kicked in from late last year, such as the doubling of estate tax exemptions, created demand for more advice.
"Comprehensive tax reform has opened new opportunities and necessitated more sophisticated tax advice in business and financial planning for high net worth individuals and families, an area that benefits greatly from our firm's experience, purpose and integrated approach,” Kyle Brownlee, chief executive and senior wealth advisor of WBWS, said.
The firms has recruited professionals from a number of backgrounds in recent months, such as law, tax, accounting and marketing. It has also shifted its Oklahoma City office to a more prominent address.
“I believe we are extremely well-positioned for accelerated growth based on the delivery of a truly exceptional client experience that directly addresses the needs of high net worth clients in a complex, post-tax reform environment,” he said.
Recently, this publication spoke to Argent, a wealth management firm about what it sees as strong growth potential across in the Southern states of the US.