Experienced Principal Rick Conway & Rubicon Global Advisors CEO Mohammad Saeed Rahman Transition to Encompass a Year after its Launch in Partnership with tru Independence
PORTLAND, ORE.—October 21, 2015—Encompass Wealth Advisors has added veteran wealth managers Rick Conway, a principal who coordinates services for high-net-worth individuals, and Mohammad Saeed Rahman, Chairman and Chief Executive Officer of Rubicon Global Advisors, to its practice as part of its ongoing growth. The Encompass team now has more than 150 years of combined experience, as well as an enhanced set of specialized capabilities and an expanded geographic reach with which to help clients reach their long-term financial goals.
“Like us, Rick and Mohammad possess a client-centric mindset which drives them to learn as much as they can about clients and their families, and use that deep understanding to put together tailored financial plans to help them build successful and prosperous futures,” said Derrick J. Clouser, RIA Principal at Encompass. “Our ability to transition such prominent advisors to our practice—so soon after our launch—is a testament to the progress we have made as part of the tru Independence network. We look forward to continuing to grow and provide more clients with proactive and complete wealth management solutions.”
Encompass became the first independent RIA practice to launch in partnership with tru Independence in July 2014. Prior to the firm’s launch, Mr. Clouser and his Encompass colleagues—Walter M. Urban, Matthew G. Presjak, Colin H. Williams and Mary Minshall—had worked together at Morgan Stanley in Portland since 2001. Encompass provides a suite of personalized and holistic wealth management services to high-net-worth individuals and multi-generational families, including retirement and estate planning, investment portfolio structuring and management, charitable giving strategies, education and business planning, insurance portfolio management, and home finance and lending.
Joining forces with tru Independence has provided Encompass with access to best-in-class resources and ongoing support to achieve and maintain independence, as well as grow over the long term. Encompass leverages state-of-the-art technology, managed investments, trust and insurance services, institutional research and credit facilities from tru Independence’s open-architecture platform, enabling its team to operate, grow and fully control an independent wealth management practice.
“One of our primary goals is to help our partner firms grow by forging relationships with like-minded advisors,” said Eric Warlick, Managing Partner at tru Independence. “It has been very rewarding for us to put these parties together and enable Encompass to build a stronger RIA practice and overall footprint. We look forward to pursuing additional opportunities for Encompass going forward.”
Mr. Conway specializes in coordinating wealth planning, estate planning and tax planning services for high-net-worth individuals. His office in San Francisco enables Encompass to forge relationships with hi-tech and social media entrepreneurs in that market. Mr. Conway, a San Francisco native who grew up in Atherton, Calif., spent 15 years in Silicon Valley as a Manufacturer Representative for Seiko Epson Corp.
“Encompass believes in delivering platinum client service rooted in the fiduciary standard to entrepreneurs and their families in the San Francisco Bay Area, who can greatly benefit from our firm’s client-first approach,” said Mr. Conway. “I am proud to be part of a practice that is so strongly dedicated to providing holistic and personalized solutions for multiple generations of families at every stage of their financial planning. Furthermore, the third-party research and other resources available on the tru Independence platform ensure that my colleagues and I will be able to maintain our independence while continually enhancing the solutions we offer clients.”
Mr. Rahman has more than 30 years of experience in the financial services industry, and founded Lake Oswego, Ore.-based Rubicon in 2003 to deliver a broad range of halal investment solutions. He is a recognized expert on Islamic finance and halal investing, and previously served as Senior Vice President and Portfolio Manager at Wachovia and as Vice President for Private Clients at Merrill Lynch. Jonathan Truong, Operations Manager at Rubicon, has also joined Encompass.
“Halal investing involves marrying your passion with your compassion, and this is at the heart of the Encompass approach to managing client relationships,” said Mr. Rahman. “This like-minded commitment to clients, combined with the team’s extensive knowledge and experience as well as the top-quality resources and support from tru Independence, make Encompass the ideal home for Rubicon.”
About Encompass Wealth Advisors
Encompass Wealth Advisors is a registered investment advisor (RIA) firm based in Portland, Oregon. Its team is dedicated to providing comprehensive, objective and transparent investment options and advice so that clients can successfully address their current needs and achieve their goals for the future. For more information, please visit www.encompasswa.com.