Prosperity management firm opening Nashville business office | Finance

California-based The Bahnsen Group, a wealth management business with $3.2 billion in assets beneath administration, is opening a new business office in Nashville.

The business office will be located at SunTrust Plaza and is established to open up in the initial quarter of 2022, according to a release.

Bahnsen’s first seek the services of in Nashville is Brian Miller, formerly a regional expert at AllianceBernstein and a pitcher on Vanderbilt’s 2014 national championship baseball staff. He will train in the company’s Newport Seaside workplace until finally the Nashville workplace is operational.

According to the launch, Bahnsen is looking for an office environment manager, functions affiliation and added advisers in Nashville. None of Bahnsen’s workers in other places of work will relocate to Nashville.

The enterprise, established in 2015, now counts 37 workers. Founder David Bahnsen was previously at Morgan Stanley and UBS Financial Companies.

In addition to Newport Seaside, Bahnsen has an office in New York City and opened a 3rd business in Minneapolis in July.

As opposed to the Minneapolis office environment, which emerged out of a partnership with a different company, the Nashville office will be crafted “from the ground up,” Bahnsen claimed.

“Our prepare is to see our Nashville existence mature substantially in the a long time to arrive, and we want to convey our geographical existence to what has develop into one particular of the most fascinating spots to reside and operate in America,” Bahnsen explained in the launch. “Several of our current Nashville-based consumers are not just indigenous Tennesseans, but also all those who have relocated to Nashville that we have labored with for several many years in California.”