Glover Park Wealth Announces Assets Under Management as of December 31, 2023


Glover Park Wealth Announces Assets Under Management as of December 31, 2023

Washington, DC, January 2, 2024 -- Glover Park Wealth Management, LLC., (Glover Park Wealth), a registered investment advisory (RIA) and employee benefits firm in Washington, DC. 

Glover Park Wealth announced today $90,990,713 in assets under management (AUM) as of December 31, 2023. This represents a year-over-year increase of 93.65% in AUM from December 31, 2022.  

The firm had an inflow of assets into our wealth management and 401(k) plan segments along with capital appreciation from client portfolios. The employee benefits business continued to expand in 2023 as several companies selected Glover Park Wealth and our health insurance brokerage partners to manage their employee group insurance benefits and 401(k) plans.

“We are pleased with the fiscal year 2023 financial performance, the firm experienced organic growth across our largest business segments. The firm continues to execute on our mission to build, grow and protect the assets of our clients.” said Michael T. Jobe, principal & chief investment officer. 

About Glover Park Wealth Management, LLC.

Glover Park Wealth is a registered investment advisory (RIA) and employee benefits firm located in Washington, DC. Our company mission is to build, grow and protect the assets of our clients. The firm operates in the following segments: wealth management, 401(k) plans, employee health benefits and life insurance.

Contact:
Glover Park Wealth Management, LLC
14 Ridge Square N.W. 3rd Floor
Washington, DC 20016
contact@gloverparkwealth.com
202-926-3725