Opportunity Austin, the Greater Austin Chamber’s five-county economic development initiative, announced wealth management firm Aspiriant has opened an office in Austin.
“Aspiriant’s expertise and forward-thinking model in wealth management further emphasize the Austin region’s attractiveness for financial services firms,” said Opportunity Austin SVP of Economic Development Charisse Bodisch. “We are thrilled to have Aspiriant in our community and look forward to its continued growth and participation in our region’s prosperity.”
Opening an office in Austin aligns with Aspiriant’s strategic plan to expand into Texas and other key markets across the country. The company evaluated many possible locations across the country on dimensions including cost of labor; cost of facilities; availability of local talent; ease of travel; weather; time zones; local economy; and local cost of living. Austin checked so many of these boxes and, of course, adds some “hip” factor as well. Combining those elements with the fact that Aspiriant already has sizable and growing business in Austin, and Texas overall, made the decision an easy one to make.
Aspiritant’s new office is located at 111 Congress Ave. The company will have eight full-time employees by the end of the first quarter and up to 25 employees in the future.
“Austin is one of the bright spots in the country where new wealth is being generated, and as such the region will benefit greatly from Aspiriant’s professional wealth management services,” said Rob Francais, CEO of Aspiriant. “Having an Austin presence will allow us to serve our local clients better, grow our business, and provide a strategic hub for expansion of our operations and back office teams.”