Jonathan Leidy Joins as Director of Business Development
SAN RAFAEL, Calif.--(Business Wire)--
Tamalpais Bancorp (NASDAQ:TAMB) today announced that it had
renamed its wealth management subsidiary as Tamalpais Wealth Advisors
(TWA) and had named Jonathan Leidy as its first director of business
development.
At TWA, a fee-based, Marin asset management service, Leidy will be
responsible for attracting new clients to the firm.
The name change mirrors the name change of the parent corporation,
Tamalpais Bancorp, and reflects the community in which the wealth
management firm operates, according to William Osher, TWA's chief
operating officer and a Chartered Financial Analyst (CFA).
Leidy has spent a decade in the wealth management industry, first
with Charles Schwab & Co., and more recently with Salient Wealth
Management LLC. His primary duties include meeting with prospective
clients, understanding their goals and objectives, and ensuring their
transition to TWA is seamless.
Leidy, a CERTIFIED FINANCIAL PLANNER(TM) (CFP), directed business
development at Salient during a period when the San Rafael firm more
than doubled its assets under management (AUM). He was also the chair
of the firm's Financial Planning Committee and was responsible for
creating and implementing many of the firm's best practices in that
area.
"The addition of Jonathan further strengthens our veteran team of
wealth management professionals," said Osher, also the firm's chief
economist.
Tamalpais Wealth Advisors currently has $283 million in assets
under management. The firm's clients include high net worth
individuals and institutions. It has built its reputation by providing
objective, customized solutions for affluent individuals. TWA also has
distinct expertise in institutional fixed-income portfolio management.
Other members of the TWA senior management team are:
-- Seth Scholar, Director of Equity Investments and Portfolio
Manager. A graduate of UC Santa Barbara with a degree in
business and economics, he is licensed as an Investment
Advisor Representative (NASD Series 65).
-- David Hudson, Trader/Portfolio Administrator. He holds a
Bachelor of Arts degree in economics from New York University
and is a Series 65.
"On the wealth planning side, our goal for clients is to help them
find the optimal balance between their goals and the risks they need
to take in order to achieve them," Osher said.
"For our institutional and ultra-affluent clients, we specialize
in the management of high quality bond portfolios that have the dual
objectives of preservation as well as stable income," he said.
At Tamalpais Wealth Advisors, Leidy will be a key contributor to
each client's financial plan, both at the outset of the relationship
and on an ongoing basis.
In addition to his CFP certification, he holds a Bachelor of
Science degree from UC Davis in Managerial Economics as well as an
Associate's Degree in Mathematics. He is also a former National
Association of Securities Dealers (NASD) licensed representative
(Series 7) and Investment Advisor Representative (Series 65).
A Marin County native, Leidy and his wife, Erin, reside in San
Rafael. He is also an active participant in community outreach and
serves on the board of directors for Big Brothers Big Sisters of the
North Bay.
Tamalpais Bank
Mark Chapman, 415-526-6485
Copyright Business Wire 2008
