JFS Wealth Advisors Adds Colella as New Managing Principal

April 19, 2016 · Written By Sarah Stafford

HERMITAGE, PA – April 19, 2016 – JFS Wealth Advisors, (JFS), an independent wealth management firm with approximately $1.8 billion in assets under management, announces the promotion of Senior Lead Advisor, Louis V. Colella, CPA/PFS, CFP® to Managing Principal.  Colella’s advancement will make him an integral part in developing the firm’s strategic initiatives, leading functional teams, and implementing industry-leading wealth management practices across JFS.

“Lou is a natural complement to our team-oriented culture,” said JFS Founder and President, Bob Jazwinski, “I have known and worked with Lou for a number of years on a variety of wealth management projects, and have the utmost confidence in his capabilities, his integrity, and his commitment to our clients.”

With over 30 years’ experience helping entrepreneurs and business owners increase and manage their wealth, Lou possesses an extensive knowledge of investment management, wealth and estate planning and small business consulting.  A 1985 graduate of Youngstown State University, Lou earned a Bachelor’s Degree in Accounting and also earned his CERTIFIED PUBLIC ACCOUNTANT certification in 1987.  In 2015, Lou obtained the CERTIFIED FINANCIAL PLANNER™ certification as well as the Personal Financial Specialist designation through the AICPA.  Prior to joining JFS, Lou worked as Director of Finance and Operations for Walnut Ridge Strategic Management Co. in Akron, OH and held senior financial management positions with several private firms.

Since joining JFS in early 2015, Lou has led the firm’s Hermitage and Northeast Ohio wealth management teams and will continue to do so, as he fulfills his role as Managing Principal. Lou’s broad experience will help him further develop the company’s services centered on family office planning, liquidity planning, complex wealth management and planning for business-owning clients, philanthropy and legacy management.

“I’m humbled and honored to be a part of an excellent team that’s passionate about connecting clients with solutions that help them achieve their life’s dreams,” shared Colella. “Our services are driven by our clients’ needs and goals, and we will continue to evolve our resources to meet those needs now and in the future.”

In his new position, Lou joins six other members of the firm’s management team, which include Robert Jazwinski, CPA/PFS, CFP®; Thomas Alvaré, CPA/PFS; Laura Blaire, MSM, IACCP®; Janet Earle, MBA; J. Stephen Lee; and Thomas Paulus.

About JFS Wealth Advisors

Since 1986, JFS has assisted purpose-driven individuals, businesses, and institutions with customized, solution-based financial planning and investment management.  Acting as a legal fiduciary, JFS advocates for their clients’ best interests by maintaining objectivity in advice, integrity in service, and compassion in understanding the unique complexities that impact financial success.  JFS is an independently registered investment advisor (RIA)[1] with approximately $1.8B in assets under management, over 60 employees, and offices in Pennsylvania and Florida.

[1] Registration does not imply a level of skill or training. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.