Commonwealth Monetary Community in the present day introduced that Mammini Firm, a San Diego-based agency with practically $3 billion in shopper belongings, has joined its community of affiliated advisors.
Mammini Firm was co-founded in 1995 by president Mike Mammini and his spouse Elizabeth, who serves as chief monetary officer. The workers of eight, 4 of whom are advisors, consists of their son, Mitch Mammini.
Previously with Lincoln Funding, the group caters primarily to labor unions and company retirement plan sponsors.
“The inspiration of our outlined contribution retirement plan apply stems from my father’s management within the Sheet Metallic Staff’ Union and has cast our roll-up-your-sleeves strategy to designing sustainable retirement plans for working-class households,” Mammini famous in an announcement.
Mammini started his profession in 1987 with Pruco Securities Company, in line with BrokerCheck. He labored at 4 different companies, together with Solar Funding Providers Firm and Capital Analysts Inc., earlier than becoming a member of Lincoln Funding in 2012.
“Partnering with Commonwealth provides us, and our shoppers, entry to classy know-how that we simply didn’t have earlier than. We see large worth in Commonwealth’s institutional data, the complete Funding Analysis group, and the accessible help of being eight miles away from the San Diego residence workplace,” Mammini mentioned. “We needed to be with a recent cohort—with companies of an analogous measurement, doing related issues, that we will be taught from.”
“The Mammini household heritage of equipping working households with monetary safety is pricey to the guts of the Commonwealth mission,” mentioned Becca Hajjar, Commonwealth’s managing principal and chief enterprise improvement officer. “We’re comfortable to welcome them to the Commonwealth neighborhood and sit up for merging their expertise with vitality and sources that gas all our affiliated advisors.”