Texas firms Smith Frank and Roach Howard strengthen outreach to HNW clients. Financial-planning firm Smith Frank & Partners and insurance brokerage Roach Howard Smith & Barton have entered into a joint venture to share competencies in a bid to better serve their respective high-net-worth clients.

"Partnering with Roach Howard offers us an excellent opportunity to expand our service capabilities by connecting our clients to one of the area's most experienced property and casualty firms," says Randall Smith, managing principal and co-founder of Dallas-based Smith Frank. "Smith Frank prides itself on being the best in our industry and we look forward to providing the highest quality financial planning services to Roach Howard's valuable clients."

Shared values

In the process of partnering, Smith Frank will use the property, casualty, corporate benefits and HRO expertise of Roach Howard. In turn, Roach Howard will be able to capitalize on Smith, Frank's wealth management expertise.

The firms say their co-operation is aided by their shared values, which "allows each to provide a full spectrum of professional experience and service to clients while focusing on their own core competencies."

Karen Farris, president and CEO of Fort Worth, Texas-based Roach Howard says the deal with Smith Frank "will further expand our Elite Client Services division and allow us to provide our clients with access to a leading financial planning firm with expertise in providing services to high net worth clients."

Smith Frank specializes in financial planning, wealth strategies, investment advisory services and HR outsourcing for individuals and mid-market companies.

Roach Howard offers insurance products and services to companies and private clients. -FWR

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