A new private client wealth manager, Boulevard Wealth Management, has launched in the city of Chandler, Arizona, the Pheonix Business Journal reports.

The formation of the firm is a response to a perceived lack of private wealth management firms in the state. “People shouldn’t have to look in other parts of the country for the services we provide right here in Arizona,” managing director Aaron Kolkman is reported to have said.

Boulevard’s offering includes investment advisory programmes, cash management, brokerage services, risk management and trust services.