Chris Glomb, with over 4 decades in wealth management, and his son Michael worked as a team at UBS for 15 years, set their sights on change 2 years ago—motivated by the desire to do what was best for their clients, to achieve greater autonomy, and build for a long-term legacy.
We are excited to embrace the freedom and many benefits of the independent space, including the ability to operate as fiduciaries, deliver objective advice and complete services, and protect the best interests of clients.
Christian A. Glomb, CFP
Founder and Private Wealth Advisor
Glomb Private Wealth
There’s great pride in seeing a multi-gen family team grow like Chris and Michael Glomb.
Chris, who has invested four decades in the wealth management world, joined UBS in 2002 and most recently served as a Senior Vice President and was a member of the UBS President’s Council—a group that includes the top 5% producers of the wirehouse. Michael joined his father at UBS in 2012, rising to the ranks of top next gen talent, evidenced by landing on Forbes America’s Top Next-Gen Wealth Advisors Best-in-State for 2022.
Managing $600mm in client assets, the team was already achieving a high level of success but was considering their long-term perspective.
When Michael reached out to Diamond Consultants two years ago, he had already invested significant time trying to learn everything about the current industry landscape. While a smart, meticulous student of the industry, Michael quickly realized that due diligence was a daunting process—and looked to us for our expertise, experience, and objectivity to help him and his father first understand and then eventually navigate the multitude of options.
They were motivated first by doing what was best for their clients: Wanting the flexibility and autonomy to offer their clients the resources and services they believed would best serve them, despite the hard work associated with a move.
Chris and Michael were guided by the idea of building with the end in mind. Michael, in particular, had a strong desire to expand upon the legacy created by his father decades before, with the prospect of passing it on to his own children someday.
Yet they were both uncertain about what the future would look like at UBS and if the firm would be the right partner to fulfill their long-term goals.
“Everything we do is driven by our belief that the best long-term outcomes are driven by earning trust and building deep, multi-generational family relationships,” Michael shared in a press release.
The due diligence process led them to the supported independence space. They were attracted by the RIA structure and capabilities combined with a high level of support.
Ultimately the team chose Sanctuary Wealth, with BNY Mellon Pershing serving as their custodian.
“They are small enough to give us personal attention, while large enough to provide all the resources we need to scale our business as we look to expand,” Chris stated.
Glomb Private Wealth launched in Los Gatos, CA. Joining Chris and Michael are Jessica R. Regidor, the firm’s Managing Director and Chief Operating Officer, and Sara-Belle Guglielmino, Client Service Associate. The team is committed to delivering advanced planning, tailored solutions, and world-class service to help a select group of successful clients protect wealth, optimize after-tax returns, and build a legacy for future generations.
“We are excited to embrace the freedom and many benefits of the independent space, including the ability to operate as fiduciaries, deliver objective advice and complete services, and protect the best interests of clients,” Chris said.
Diamond Consultants is pleased to have represented Chris and Michael and looks forward to hearing more about their success in the future.