New US Wealth Management Advisory Firm Takes Wing

Tom Burroughes

5 January 2017

Wealth management advisor Matthew Pietzak has taken the plunge to create his own business in Naples, Florida that acts as a family office. As part of the move, he used services of TruClarity, a Florida-based firm providing advisor clients with a transition service spanning technology, compliance, research and marketing.

Pietzak, who has worked in the industry for 17 years, has created Vantage Private Wealth, an independent wealth advisory practice. Its services include real estate, secretarial services, bill-paying and other functions for ultra-high net worth clients.

At PNC Pietzak oversaw $300 million in assets. His background also includes experience with Wells Fargo Private Bank, Bank of America, and UBS PaineWebber.

“I felt it was the right time for me to make this move, but I didn’t want to leave my firm and just take on another set of problems,” Pietzak said in a statement. After several searches, Pietzak said he chose TruClarity as his strategic partner in going independent.

“A lot of advisors like Matt aspire to own their own businesses and be able to offer clients a better experience, but are held back by the many unknowns they face in truly going independent” Pam Stross, President of TruClarity Management Services, said. “With this in mind, we do all the heavy lifting to transform advisors into satisfied business owners and enable them to spend their time and energy where it matters most - on the client.”

TruClarity said it is the sort of business helping advisors, such as those who might have spent the bulk of their careers in large institutions such as banks, to go independent.