NEWPORT NEWS, VA (5/23/16) – PBMares, LLP – a leading public accounting and business-consulting firm serving clients nationally and internationally – has named Rob Klingensmith as Director of Wealth Management for its subsidiary, PBMares Wealth Management, LLC, a Registered Investment Advisory firm providing cost effective fee-only investment advice and asset management using academically tested, evidence based methodologies. As a fiduciary, PBMares Wealth Management upholds the highest standard in the industry.
With more than 16 years of investment and financial services experience, Klingensmith is charged with managing the strategic direction of PBMares Wealth Management. This includes enhancing growth through increased market penetration and targeted acquisitions within the firm’s footprint in the Mid-Atlantic.
Klingensmith was previously the CEO of Pilatus Bank in Ta’Xbiex, Malta, a private bank catering to high net worth individuals and financial institutions throughout Europe and the Middle East. In his role as CEO, he focused on operations and business development.
“We are thrilled Rob has joined our team,” said Alan Witt, CPA, CEO of PBMares, LLP. “As someone with deep knowledge and a former CEO who built an extremely successful financial organization, our clients and our firm will value and benefit from his innate ability to understand the financial industry’s nuances.”
“PBMares’ depth of subject matter expertise, significant market share and white glove client service were key drivers in my decision to join the team,” states Klingensmith. “The opportunity to leverage the firm’s tax and consulting expertise will enhance Wealth Management’s value proposition, creating a unique service offering that will set us apart from the pack.”
Klingensmith has also worked as a Senior Partner for a leading mutual life insurance company, growing and managing a team of advisors, as well as serving as a Managing Director for A&R Capital Partners, a private equity firm. He traveled extensively while at A&R, conducting business in China, Armenia, Spain and St.Kitts & Nevis.
Klingensmith is a veteran, having spent eight years in the U.S. Coast Guard as an Aviation Survival Technician (Helicopter Rescue Swimmer). He executed search and rescue missions on land and at sea in Alaska and California.
Klingensmith has served on the boards of the Fairfax Symphony Orchestra, Boulder Crest Retreat for Wounded Warriors and The Viola Vestal Coulter Scholarship Foundation. He was featured as the cover story in Wealth and Retirement Planner magazine, writing about leveraging artificial intelligence to drive trading signals.
PBMares Wealth Management consists of talented and experienced Certified Public Accountants, Certified Financial Planners, and Registered Investment Advisors who have strong business and investment experience. The team specializes in customized investment management and financial planning for high net worth individuals, retirement plans, not-for-profit organizations, endowments, corporations and institutions. More information is available online at www.PBMaresWealth.com.
About PBMares, LLP
PBMares, LLP is an accounting and business consulting firm serving U.S. and international clients, with offices in the Mid-Atlantic. The firm unlocks opportunity for clients using the right balance of industry, specialty and general business services in the areas of audit and accounting, tax planning and preparation, pension plan design/administration, and owner-managed/corporate financial consulting.
In addition, the firm provides additional services through its affiliates: Artifice Forensic Financial Services, LLC, a financial consulting division specializing in fraud investigations and forensic accounting; PBMares Wealth Management, LLC, a registered investment advisor; and TMDG, LLC, a national healthcare consulting firm specializing in medical claims audits.
More information is available online at www.pbmares.com.
