Farther Recruits Advisor Team Focused on Physicians

Core Insights - Farther, a New York-based registered investment advisor, has acquired a wealth management and 401(k) advice team in Marlton, N.J., focusing on physicians [1][2] - Masso Torrence Wealth, led by Christopher Masso and John Torrence, manages approximately $327 million in assets and aims to centralize client finances for better service [2][3] - The acquisition allows for a personalized approach to wealth management, addressing complexities specific to physicians, such as practice ownership and retirement strategies [3][4] Company Developments - Farther is on track to nearly triple its assets under management (AUM) this year, aiming to exceed $13 billion [3] - The company has raised over $118 million in funding to support its growth initiatives [5] - Farther's platform is designed to enable advisors to focus on client relationships rather than back-office tasks, enhancing operational efficiency [4]