Farther, a New York-based registered investment advisor with a proprietary wealth platform, has acquired a wealth management and 401(k) advice team based in Marlton, N.J., that primarily works with physicians.
Masso Torrence Wealth is led by managing partners Christopher Masso and John Torrence, who have about $327 million in assets under management, according to its most recent Form ADV. The duo had left Commonwealth Financial Network, which is now owned by LPL Financial, back in 2020.
Nicholas Pantle, vice president of financial planning at Masso Torrence Wealth, said the move allows the firm to “bring all aspects of our clients’ finances into one centralized platform.”
“That not only streamlines operations, but frees our team to spend more one-on-one time with the physicians we serve—professionals who dedicate their lives to providing the best care for others—and to help them plan for the future of their practices,” Pantle said.
Pantle added that working with physicians often involves complexities beyond usual client areas, from “practice-ownership and student-loan repayment to exit-planning and retirement strategies.”
“A profession built on personalized care deserves a personalized approach to wealth management, and Farther’s technology allows us to deliver exactly that,” he said.
Farther, which was founded in 2019, announced in July that it is on track to nearly triple its AUM this year and surpass $13 billion in assets.
“Teams like Masso Torrence are exactly who we built Farther for,” Taylor Matthews, CEO and co-founder of Farther, said in a statement. “Our intelligent wealth platform focuses advisors on their clients, not back-office tasks, and gives them the tools they need to grow their business. It’s how we empower advisors to build stronger, differentiated practices that deliver more value to their clients, all while preserving flexibility and independence along the way.”
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