NEW YORK, Nov. 2 /PRNewswire/ -- Guggenheim Wealth Management
, a division of Guggenheim Partners, LLC
, a global diversified financial services firm, today announced the acquisition of the financial and life management business founded and run by Barry Klarberg
represents more than 600 professional athletes, internationally acclaimed entertainers and high net worth families."Guggenheim's innovative approach to investment and wealth management enables Barry and his team to build their practice and provide material and incremental benefits to their clients," said Guggenheim Managing Partner Andrew Rosenfield.
As part of Guggenheim, Klarberg
continues to offer his
clients a full suite of family office services and integrate those with the components of Guggenheim's
distinct wealth management system."I have the good fortune of advising some of the world's most talented athletes and artists and now I add the privilege of joining an organization with a global reputation and celebrated heritage," said Klarberg
."I am excited to partner with a wealth and investment management platform of such renowned talent, and be able to offer my clients their advice and attractive array of investment options."Klarberg was recently a Managing Director of Loring Ward International Inc.He began his career at Deloitte & Touche, becoming the head of its sports and entertainment practice, before founding Klarberg, Raiola & Associates.Barry
co-authored "Winning Tax Strategies and Planning for Athletes and Entertainers," published by the American Institute of Certified Public Accountants
and considered to be a leading resource within the business management profession.He received a BBA in Accounting and a MS in Taxation from Pace University.