Los Angeles, California-based RIA Signature Estate & Investment Advisors (SEIA) has opened a new office in Houston, Texas.
The firm launched the Houston office last week with new hire, Jesse Brown, an advisor most recently with John Hancock Financial Services. Brown had been an advisor with John Hancock since September 2014 and currently oversees $40 million in assets.
‘Jesse was everything we were looking for in an advisor and we were everything he was looking for in a firm, so it made sense to launch this Houston location,’ said Joe Fusaro, director of operations at SEIA.
The firm also recently launched a new office in San Mateo, California to serve clients in the San Francisco Bay area and Silicon Valley. Fusaro said there are plans to grow the firm’s advisor count over the next year and has already started actively recruiting.
‘The goal is to have two partners and at least one operations employee in each office by next year,’ Fusaro said.
Roughly three weeks ago, SEIA hired a client services representative for its Redondo Beach, California office. Due to plans for more growth, the firm recently relocated the Redondo Beach office to a larger space across the street from its previous location.
Led by partner Vince DiLeva, the firm said it plans to fill the office with ten employees and has already started recruiting advisors.
‘As our firm continues to grow, we remain committed to the core values that are integral to our foundation, and we look forward to continuing our journey with the great advisors and clients that comprise SEIA’s success,’ said Brian Holmes, chief executive of SEIA.
The firm currently has California offices in San Mateo, Newport Beach, Pasadena, Century City, and Redondo Beach as well as the new Houston, Texas location and a Virginia location in Tysons Corner.
Citywire initially reported that the firm had plans to add a Houston, Texas office at the end of May.
At the time, Fusaro told Citywire that the firm has plans to roll out a new suite of ESG model portfolios toward the end of the summer. The portfolios will encompass eight to 12 funds and ETFS from providers like iShares, Dimensional Fund Advisors and Vanguard.