Wall Street Journal: Wealth Management for Underserved Client Groups

Wall Street Journal

From a focus on delivering holistic solutions to smaller families to helping women in transition.

Wall Street Journal

 Faith Xenos

• Founding partner of Singer Xenos Schechter Sosler Wealth Management, Coral Gables, Fla.
• Education: University of Miami
• Professional Designation: Certified Financial Planner

Background: Ms. Xenos began her career in finance as a compliance officer for a private-placement investments firm, but she quickly found that it wasn’t her forte. “It was difficult, unimaginative work, and what I really wanted to be doing was helping people,” she says. So in 1988, after interning for two years with a veteran financial adviser whose passion was planning and client service, she co-founded Singer Xenos Schechter Sosler Wealth Management.

Faith Xenos WSJ

Her practice: The Singer Xenos team of 22, which includes four partners, manages $1.2 billion for close to 500 families. The firm’s founding mission was to provide holistic wealth-management solutions for South Florida families who were looking for more than a stockbroker but who weren’t large enough to work with a family office. Years later, Ms. Xenos turned her attention to another underserved client group: women. She created the Women’s Financial Services division in 2002, to provide women, particularly those in the midst of major life transition—with access to advice that enables them secure their financial goals.

To continue reading, view the full article at WSJ.com.