Center Street Capital Advisors is thrilled to announce the opening of its newest office in New York City where Jack Wegh has joined from Morgan Stanley. “We could not be more excited to welcome Jack to CSCA and partner with him in the transition and growth of his business. The way Jack carries himself and operates his practice fits perfectly within our culture, ecosystem and style. Adding Jack to the team is a home-run and we are humbled by his decision,” said CEO Mark Klein.
The NYC location at the re-designed Penn 1 building is a dream for people seeking access to commuting options, high-end amenities and various client meeting rooms. This expansion marks an important step in the growth of CSCA since launching in May 2022, helping them become one of the fastest growing Wells Fargo Advisors Financial Network (FiNet) practices in the nation. “We have long planned to enter the financial capital of the world and plant a flag where our careers began. The concentration of Financial Advisors seeking an independent alternative to the captive wire-house model is immense and Center Street is well-positioned to capture future movement,” said Managing Partner/Co-Founder Andrew Wayne.
The opening of a New York City office means that CSCA is doing things right. Advisors seeking things like flexibility, real business ownership, 1099 income, long-term-capital-gains on a sale and more now have an option with Center Street. “We operate a Supported Independence model that simplifies the breakaway world for advisors. Infrastructure and process is one of the hardest things to create and our team continues to execute on behalf of our Financial Advisors and their clients. People like Jack recognize the value this can bring; when you combine his energy and focus with our platform and team then the sky is truly the limit. We are grateful he chose Center Street and anticipate an amazing future together,” said Managing Partner/Co-Founder Gary Wayne.
Jack has had a successful career and business for more than 30 years. He has built a tremendous following and reputation for being hands-on and dedicated. Clients are family and when you work with Jack it just feels different. “When I decided to journey down the path towards independence, I explored several options. There is clearly momentum in this space and the choices seemed endless. However, I needed to solve for support, services and a team that I could trust. Mark, Gary and Andrew have built a best-in-class business that offer advisors all you need to be successful and thrive. It was clear to me where I could have the best of all worlds and support my clients. Joining this team is exciting and I look forward to helping Center Street grow in New York City,” says Wegh.
Center Street was built to attract talented people seeking a wire house support structure with the benefits of independence. Your success is our success and we live the words, Invested In You.
We are honored and humbled to have Jack Wegh join us and look forward to supporting him and future partners.
To learn more about independence and Center Street, please reach out and connect.