Two Trusted Omaha Wealth Management Firms Join Forces
Trust is critical to any professional relationship. Whether working with a builder to design your dream home, or becoming a patient of a new physician, the relationship will never reach its full potential without mutual trust. The same can be said for the relationship with your wealth management advisor. When your financial livelihood is at stake, it is imperative to have a trusting relationship for it to be as productive and effective as possible.
So when a wealth management team with deep Omaha roots invests in its own business in order to build a platform of comprehensive trust and estate administration, investment management, strategic planning, and philanthropic advisory services, it’s hard not to take notice.
On August 1, 2017, Bridges Investment Management and Bridges Trust Company (formerly Provident Trust Company) officially joined forces to create a platform to provide multigenerational trust and wealth management services. The management team at the Bridges companies formed a holding company together with strategic investor McCarthy Group, LLC, an Omaha-based investment company, to create the new organization. The combined firm, known as Bridges Trust, will offer a broad platform of comprehensive trust and wealth management services to entrepreneurs, business owners, high net worth individuals and families, corporations, and charitable organizations.
At Bridges Trust, we protect the financial well-being of our clients so that they can focus on what matters most.
The Bridges companies trace their history in Omaha back to 1945, when Marvin W. Bridges, Sr. became the first investment adviser in Nebraska to register under the Investment Advisers Act of 1940. According to Ted Bridges, CEO, the third generation of the Bridges family to run the firm, “The partnership secures the future of our firm by solidifying the culture, values, and sound operating principles that have been essential to our success over the past six decades, and aligns our companies under a common brand that truly embodies the core values on which our founder, Edson L. Bridges II, built the business—trust, service, faith, excellence, and integrity.”
The partnership will enable Bridges Trust to scale its service platform significantly in order to more effectively and efficiently provide continuous innovation and improvements in investment management, trust administration, strategic planning, and client service. It will also help the firm to attract and retain outstanding people and invest in technology that will improve its operation and enhance the client experience.
“We expect that the partnership will allow our firm to expand our client service capabilities, leverage investment expertise and continue our pattern of growth, while maintaining our unyielding focus on earning and maintaining the trust of our clients through excellent investment management, exceptional client service and the development of long-term relationships that facilitate our ability to meet and exceed our clients’ investment objectives and service requirements,” said Bridges.
The firm’s long-term vision is to provide comprehensive trust, family office and wealth management solutions for a growing client base of successful individuals, families, endowments, foundations, business owners, entrepreneurs, and corporations for years to come. The primary focus will be to provide these services for high net worth families, meeting their day-to-day needs in the areas of investment management, trust administration, family foundation management, tax planning, charitable planning, and family office services, coordinated with the many professionals engaged in serving its client base.
“We feel that the partnership will allow us to develop a broad service platform that is currently unavailable to high net worth and ultra-high net worth individuals and families in the region. We are honored and excited to be able to offer these valuable services to our existing clients and to new clients alike,” said Bridges.
Despite the name change, one thing is clear: Bridges Trust will remain committed to serving its clients’ trust and wealth management needs just as the Bridges companies always have, by providing thoughtful and timely client service while meeting four fundamental objectives:
- To provide exceptional and innovative investment management and trust services that are fully integrated with, and individually tailored to, each client’s unique needs.
- To deliver an unrivaled client experience by providing thorough, timely and attentive client service.
- To leverage the synergies among investment management, estate planning, tax planning, and philanthropic planning to seize opportunities, increase efficiencies and accomplish extraordinary results for clients.
- To be fully transparent and accountable to clients in everything the company does.
The team at Bridges Trust is extremely proud of the firm’s story. It’s a story of faith, service and an uncompromising commitment to ethical behavior. But most of all it’s a story of trust. It’s that trust that will form the foundation for the firm’s next chapter. And clients can count on that trusted relationship, forged over the years, knowing that Bridges Trust will always put their interests first.