Farpointe Wealth Partners, an independent financial advice firm within the Cetera network, has added Schexnayder Wealth Advisors, a New Orleans metropolitan area-based firm with $190 million in assets, according to a news release.
Nolan Schexnayder joins Farpointe after more than 34 years at the LaPlace, La-based firm he founded. His team includes seven members who specializes in providing tax, accounting and wealth management services.
“Given constant change in the business, even the most seasoned veterans need to partner with proven leaders who will advocate for us and take a personal interest in helping us overcome operational and regulatory challenges,” Schexnayder said in a statement. “We were attracted by the talent of Farpointe’s leadership, and the firm’s vision of curating an exclusive group of like-minded financial professionals who value trust, collaboration and meaningful personal relationships galvanized by a shared culture,” he added.
Farpointe co-founder Scott Rawlins noted that Schexnayder, who will join the board of directors of Farpointe, was a top producer for more than 25 years at his prior firm and a pioneer in helping pave the way for CPAs to provide comprehensive financial planning services. “Farpointe will benefit greatly from Nolan’s extensive experience building and running his own successful wealth management business, and from his decades on the front line as a financial professional,” he said.
Brian Stern, also a co-founder of Farpointe added: “It is very important to us that our financial professionals feel connected to the people making the decisions that impact their business. We want our financial professionals to have a formal voice in our corporate governance to help determine the strategic direction of the firm.”
Farpointe became an independently owned business within Cetera’s financial professional network in December of 2020.