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$2 2B William Blair family advisor team opens RIA with Charles Schwab
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$2 2B Team Departs William Blair to Go Independent

The Salvino family has launched Performance Wealth, a registered investment advisor with $2.2 billion in client assets. A multigenerational financial advisor team has left William Blair to go independent. The team, which manages $2.2 billion in client assets, has launched Performance Wealth, a registered investment advisor with offices in the Chicago suburb of Hinsdale, Ill., Naples, Fla., and San Diego. The team is led by the Salvino family, which includes Chairman Al Salvino, who started in the business in 1963, and his sons: Tom Salvino, CEO and wealth manager; and John Salvino, president, chief financial officer and wealth manager. Tom’s daughter, Grace Salvino, wealth manager, represents the third generation of the family at the firm. She manages the RIA’s Next Gen Investment Group, which works with the children of current clients, teaching them about investing and how to be good stewards of wealth.

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