As advisors, the phrase "It takes one to know one" means a lot to our founders, Jeff Zupancic and Art Dinkin.
Though they would not meet until midway through their careers, there are many parallels to the paths they followed. Both went from reps building clients into management for various large companies. After giving “corporate America” a try they eventually each realized they were happiest when they were free to serve clients, not a mammoth corporation. They each walked away from the security of a management career in financial services to start over building a business based on clients. Jeff founded Preferred Wealth Management in Phoenix, Arizona, and Art founded DV Financial in Des Moines, Iowa.
Another phrase that speaks to Art & Jeff is "If I had to do it all over again, I would do it differently." With a second chance to do it all again, both resolved to not let the opportunity slip away. They built their clientele one at a time by delivering personalized services and individualized recommendations to the best of their abilities. As neither could completely put management in their past, both eventually became OSJ’s (Office of Supervisory Jurisdiction) for the same Broker-Dealer giving them supervisory responsibilities for other representatives in addition to their client work.
Fate had finally brought them together. As the two largest OSJ organizations for the Broker-Dealer they discovered through the weekly compliance calls that they both had similar outlooks, approaches, and objectives. As their friendship developed, so did the candor in their discussions. Both were frustrated by unnecessary barriers which made it difficult to fulfill their fiduciary responsibilities to clients and so they began forming their own, easier to work with, RIA.
"Discontent is the first necessity of progress" - Thomas Edison
Jeff and Art’s mutual discontent and frustrations paired with their growing friendship, similar ideologies, and complementary business skills lead to the founding of Independent Wealth Network - the new breed of Registered Investment Advisor. At IWN, our independence provides the opportunity and transparency to conduct business the correct way, compliant with all regulations and requirements, as fiduciaries serving the best interests of our clients.
We are growing. We have met many kindred spirits along our journey; if you like what we are doing, we invite you to join us!