Webb Financial Group has roots going back to the mid-1960s. Since then,
business strategies have changed greatly. New business plans now typically include a succession plan to cover changes as a business matures. A study by the national chapter of The Financial Planning Association® (FPA®) revealed that 73% of financial advisors don’t have a succession plan in place for various reasons that include concern for how it will affect the future of the business and that the business is not ready for this type of change.
Many years ago, we realized that succession planning was an important aspect of minimizing risk as we continue to serve our clients and aid in their future success, and that of our company. This process began in 2005, when founder Jerry Webb transitioned the business to Gary Webb and Mike Bischoff. In 2019, Tim Greife became a partner launching the next generation of the business.
Planning and preparing for the future are important factors we use in guiding our clients, and that also applies to our business. With this in mind, we’d like to
announce that financial advisor, Dave Verbeke, has accepted a partnership with
Dave was born in Davenport, IA. After graduating from the University of Iowa with a Bachelor degree in Finance, he moved to Eagan, MN in 1989 and still resides there. Dave’s ideal job coming out of college was to be a financial advisor. He gained valuable experience in related industries, including the Retirement Service division at Automatic Data Processing, before realizing this goal at Webb Financial Group in 2012. He enjoys working with clients
and small businesses to help them attain their goals for retirement. While working closely with his clients, he likes to create an easy to follow strategy to help guide them to success.
We are happy to be part of the 27% of financial advisors that have a business
transition plan. Having a strong succession plan minimizes risks to our clients and assures continuity of the business. Mike and Gary will remain as the majority owners of WFG. Along with Tim and Dave, we will make appropriate business changes and decisions to maintain a high level of service to our clients. We truly appreciate your business, and look forward to the next 50 years of WFG.