Towerpoint Wealth Featured on Sacramento Business Journal 08.16.2024
Our recent expansion has led to a Sacramento Business Journal feature of our firm!
We evaluated seven different new physical office locations, but decided to stay in the BMO Tower at 500 Capitol Mall.
We relocated from our original 2,900 square-foot space on the 10th floor to a larger and more technologically-advanced 5,200-square-foot office in the BMO Tower at 500 Capitol Mall for a three major reasons:
- Enhanced Collaboration: We expect our larger office headquarters to foster better teamwork and communication among all TPW team members, leading to increased productivity.
- Attractive Work Environment: Our new and well-designed office has already boosted TPW team member morale, and we expect it to also help us to attract and retain top talent.
- Improved Client Experience: Our more modern and spacious office has created an even more professional environment, enhancing our technological capabilities and the overall TPW client experience during visits and meetings.
Our founder and President, Joseph Eschleman, CIMA®, is also excited by the prospect of enhancing Towerpoint Wealth’s brand image, as he expects TPW’s move to this more prominent and strategically located office will strengthen the firm’s brand image and market presence.
The new office offers breathtaking views of the Capitol building and includes a range of client amenities, including a drink menu featuring full-service espresso coffee drinks, bottled water, craft beer, wine, and champagne. With approximately 70% of Towerpoint’s clients visiting for comprehensive financial review meetings in person, the firm’s physical environment plays a critical role in setting a professional yet comfortable and welcoming tone.
The new space features a large conference room, a first for the firm, as well as a more relaxed “anti-conference room” furnished with a comfortable new leather couch and cozy easy chairs to help clients feel warm and at ease. The move also allows for greater scalability, as our bigger office headquarters was designed to accommodate our future strategic growth, allowing TPW to expand our team without the need for frequent relocations.
Established in 2017, Towerpoint Wealth operates as a fully-independent wealth management firm. Acting in compliance with the fiduciary standard, we have a legal obligation to work and act solely in our clients’ best interests, 100% of the time. This significantly differs from the more rudimentary suitability standard that any advisor who is an employee for any major Wall Street firm is held to.
Towerpoint Wealth offers comprehensive wealth management services, including financial planning, retirement planning, tax planning and minimization, real estate analysis, estate planning, and employee benefits analysis.
Eschleman highlighted the firm’s dedication to building lifetime partnerships with each TPW client, focusing on having frank and candid dialogue, and continually working to educate and coach them on how to act, think, and behave like true longer-term investors. This commitment to client communication and education was evident when the Dow Jones Industrial Average plunged 1,000 points in a single day just last week, and not a single client called or emailed with concerns.
With over 300 client relationships and close to $500 million in client assets under management, Towerpoint Wealth continues to strategically help our clients grow and protect their wealth. Most of our clients are based within 75 miles of Sacramento, though we also serve clients in 17 other states. Eschleman, who began his career in 1999 with Prudential Securities and later worked for Wells Fargo Advisors, founded Towerpoint Wealth with a mission to help clients remove the hassle of properly coordinating all of their financial affairs so they can live a happy life and enjoy retirement.
Click here to read the full article by Mark Anderson of the Sacramento Business Journal!
