Annex Wealth Management LLC

Last updated on June 29th, 2023 at 02:37 pm

Annex Wealth Management LLC
12700 W. Bluemound Road, Suite 200, Elm Grove
Industry: Financial services
Employees: 43
2014 annual revenue: $13 million

Annex Wealth Management of Elm Grove is committed to an all-inclusive, transparent approach to financial management.

The company has grown 50 percent per year for the past three years and has tripled the number of employees working at the firm in the same time period.

Chief executive officer David Spano attributes the growth to the company’s standard of care for its clients.

“Our standards require us to always act in the best interest of our clients,” Spano said. “And that’s how we operate. Our clients have come to understand and respect that level of service.”

Annex Wealth Management is not associated with a bank or brokerage firm. This means the firm can provide professional services designed specifically for each client.

Annex understands that financial issues are complicated, Spano said. The company has had the unique opportunity to reach potential clients and the community through the continued success of its radio program, Saturday mornings on 1130 WISN and 620 WTMJ.

“It’s a great opportunity for our experts to bring content to the radio station and to the community,” Spano said.

The program provides another opportunity for people to ask questions and learn about complex topics. The company regularly offers one-on-one reviews with clients on complicated issues, and it also provides weekly educational content on its website and hosts free informational workshops for the public.

Additionally, Annex employees give back to the community by regularly donating their time and resources to various community and nonprofit organizations.

In 2013, Annex Wealth Management expanded beyond its Elm Grove office to include a location in Mequon. This year, the company will open new offices in Lake Country and in Appleton.

Growth for the company has remained organic.  

That mission, and the expansion of branch opportunities, helps contribute to job growth in the community.

While nothing has come to fruition, merger and acquisition conversations have taken place as well, according to Spano.

“Our goal is to continue to grow, but grow smart and maintain our commitment to the communities we serve.”

David Spano

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