1792 Wealth Advisors Adds $180 million AUM Merrill Lynch Advisor in New Jersey
Morristown, NJ — 1792 Wealth Advisors (1792) the premier partner for individual advisors and teams seeking independence, announced today that 21-year industry veteran Doug Roskos has joined the firm. Roskos, with his $180M in AUM, and more than 1 million in production joins from Merrill Lynch, launching his newly established firm, Roskos Wealth Management, based in Mt. Laurel, NJ.
“I’ve always felt it’s important to focus first and foremost on client needs, and that’s what drew me to Independence, but I also knew I needed an experienced partner to show me the ropes which is what drew me to 1792 .”
Doug had long considered the move to the independent channel and decided on 1792 for its experienced management, partnership culture, and supportive team.
1792 Wealth Advisors is an integrated Raymond James platform that affords advisors the opportunity to streamline and maximize their businesses via supported independence. As more advisors seek to break away from wirehouses, this model alleviates concerns about back-end operations and allows advisors to retain choice in their practice model, investments, products and more.
“We show advisors that it’s possible for them to go independent without a dimunition in service, sophistication, products, or management,” explains Bob Milligan, managing partner and founder of 1792 Wealth Advisors. “That’s exactly what we’ve done for Doug — he’s able to focus on his clients while 1792 provides access to the Raymond James platform and coordinates all back-office support.”
Doug’s move to 1792 is reflective of the development strategy the firm is implementing. “We have a strong pipeline of interested advisors,” Milligan adds, “and our firm is well positioned for scaleable growth.”
About 1792 Wealth Advisors
1792 Wealth Advisors is a premier wealth management firm whose advisors serve clients in a supported independence partnership structure. Together with the partnership and affiliation of Raymond James, 1792 is able to offer advisors industry-leading resources, technology and support while providing the flexibility, control and autonomy to serve clients in their unique way. Founded in 2017, 1792 primarily serves the Northeast and is rapidly expanding into new markets driven by a “client first” collaborative culture, an enhanced equity structure for advisors, and unique support ecosystem that enhances the client experience.