Today Callan Capital announced its formation as a fully integrated boutique wealth-management firm. Callan Capital provides asset management and family office services, including estate and multigenerational wealth planning to high net worth clients nationwide.
The firm was founded and is led by Trevor M. Callan, Tim Callan and Ryan Callan --
brothers who left Merrill Lynch, where they managed approximately $300 million in assets for less than 60 families. Callan Capital will operate as an independent Registered Investment Advisor (RIA). The firm has been structured as a fee-only financial advisory company to deliver a select group of clients access to top-tier investment talent.
Recent studies from Charles Schwab show that high-net-worth individuals and families are following independent RIAs. Between 2001 and 2004, the number of wealthy households that used a brokerage firm dropped by roughly 8 percent, while those that used RIAs increased by 15 percent. Callan Capital is part of a growing number
of successful advisers leaving multinational brokerage firms to form their own boutique wealth-management companies.
"Many of our clients appreciate the powerful combination of our experienced team and independent platform, which provides them with access to multiple providers for strategic solutions," CEO Trevor Callan said. "In today's financial marketplace, it is important to have a global perspective. Over the years working with many of the leading financial institutions we've developed strong ties with Wall Street. These relationships enable us to
deliver global solutions to local clients."
Callan Capital executives recently helped the founders of a publicly held corporation create liquidity on a large block of restricted stock. "What made this transaction unique was our ability to tap into our network on Wall Street, inviting multiple institutions to bid on this loan, which provided our client with best execution and pricing," Callan said.
Based in La Jolla, Callan Capital provides integrated wealth management plans that help high-net-worth families overcome the complex challenges of maintaining wealth over a lifetime and over generations.
"It's truly an exciting time in the market because we're seeing more families focusing in on multigenerational wealth transfer," Callan said. "We're actually creating 100-year plans for families, something we did not see five years ago."
The firm offers an array of services including asset management, pre-IPO and pre-merger planning, private portfolio management, tax minimization, insurance, philanthropic and estate planning.
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