Two veteran Wells Fargo advisors have joined Seventy2 Capital Wealth Management, an independent wealth management practice in the Washington, D.C., metropolitan area, according to a news release.
David Holdsworth and Mark Tigert have each spent most of their careers in the wealth management industry serving the financial needs of individuals and families, the release said. Both men are based in Bethesda, Md., also the home of Seventy2 Capital.
Holdsworth, who has worked at Wells Fargo Advisors Financial Network, the independent brokerage arm of Wells Fargo & Company, since 1995, joins Seventy2 Capital as senior vice president. Tigert, who had been at Wells Fargo since 1999, was named vice president.
Thomas Fautrel, co-founder and partner of Seventy2 Capital, said Holdsworth and Tigert bring substantial experience to the team. “We understand the questions each advisor must consider in making the decision to move to an independent channel—which is first and foremost what is in the best interest of their clients. We believe the case to move to Seventy2 Capital and an independent model is compelling,” he said in a statement.
Holdsworth said this is an opportune time in the industry to join the independent channel and Seventy2 Capital made the transition easy. “We are gaining access to a plentiful set of resources, including a fully staffed client services team that will help us deliver the services and solutions our clients need to reach their financial goals,” he said.