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VOL. 133 | NO. 72 | Tuesday, April 10, 2018

Wunderlich Downtown HQ Opens Next Week

By Andy Meek

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This time next week, Memphis-based investment firm Wunderlich Securities Inc. will start to be settled into the company’s new Downtown Memphis headquarters, in suite 1800 at One Commerce Square.

Wunderlich’s relocation of staff from its headquarters in East Memphis gets under way this weekend, and the move is being carried out over a few weekends to ensure no disruption in day-to-day business.

Meanwhile, Wunderlich on April 23 is also planning to open a second wealth management branch in East Memphis, in Triad Center I at 6000 Poplar Ave. Wunderlich founder and CEO Gary Wunderlich said the news signals “a new era of growth for our firm."

We’ve made a long-term commitment to Memphis, and I’m more excited than ever about the opportunities ahead to expand our successful wealth management platform both locally and throughout our footprint,” he added.

Most of Wunderlich’s 110 local employees are moving to the Downtown tower. Corporate executives and several wealth management advisers will be in place on Monday, April 16. The moves are taking place over three weekends, with the firm’s operations, information technology, human resources and other administrative teams moving to One Commerce during the last weekend in April and a completion for the move targeted for May 1.

The East Memphis wealth management branch will be home to eight financial advisers and support staff.

In June, Wunderlich is hosting a meeting for senior-level managers from its 24 branch locations at the new headquarters, which will support a network of more than 200 financial advisers across 14 states.

Wunderlich, which was founded in 1996 and called 6000 Poplar Ave. in East Memphis its home for more than a decade, signed a lease for 30,000 square feet of space at One Commerce Square last year.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 21 82 6,474
MORTGAGES 7 53 4,088
FORECLOSURE NOTICES 0 0 694
BUILDING PERMITS 240 353 15,714
BANKRUPTCIES 38 58 3,328
BUSINESS LICENSES 8 25 1,327
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0