Owens Estate and Wealth Strategies moves office | TheUnion.com

Owens Estate and Wealth Strategies moves office

Jennifer Terman
Staff Writer

Owens Estate and Wealth Strategies Group recently celebrated its grand opening at a new Brunswick location.

The new location at 426 Sutton Way offers 8,000 square feet, more than twice the space of the previous location on East Main Street, and a brand new 55-seat auditorium for seminars and client education on economic trends and issues, said founder Mary Owens.

"We are really excited," she said. "It's really nice now that everyone has an office. We were awful crowded where we were before."

The auditorium facilitates the company philosophy of providing guidance and solutions for life's transitions through client education, Owens said.

“We are really excited. It’s really nice now that everyone has an office. We were awful crowded where we were before.”
Mary Owens
Owens Estate and Wealth Strategies founder

"For example, we do estate planning seminars to tell clients what documents are coming, how to find a successor trustee and what attributes a successor trustee should have," she said. "One of the jokes I say is, 'If your child balances their checkbook by opening a new bank account and waiting for the others to clear, that's probably not a good choice as your successor."

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Owens has more than 30 years experience in the financial services industry, with a Bachelor of Science cum laude in economics and business administration from St. Mary's College in Moraga and a Master of Science in taxation from Golden Gate University in San Francisco. She is a certified public accountant and has a California Community College lifetime teaching credential.

She started two publicly traded companies and an international special risk insurance company where she served as chief operations and financial officer.

She was also a founding board member and chief financial officer of a company currently owned by Cox Communications, as well as a branch manager for UBS Financial Services in Grass Valley, until she opened her own company.

She also served as a personal accountant, strategic planner, college instructor, professional fiduciary, trustee and mayor of Auburn, before she became a licensed broker in 1998.

From her breadth of experience, Owens said she is able to anticipate issues that those without a varied background and experience would miss, like tax, estate planning and risk issues. She has a deep understanding of business operations, she added.

"Because I've run so many businesses myself, I have a good understanding of the complexities and challenges of running a business," she said, adding her position as a trustee for more than 20 years has also provided valuable experience.

"Let's say someone has an estate, they pass away and did not feel their children wanted to or had the expertise to operate an estate of that complexity, they would name me as the successor trustee," she said, citing a time when she had to handle a case with 21 commercial properties and five operating businesses.

"There are not too many who can step into those shoes and take on those jobs. You can imagine the myriad of advice we can give because we're dealing with running businesses, selling and managing commercial real estate, etc. It's much easier to give advice when you've done it yourself."

Owens joined Raymond James Investment Banking, which serves as broker/dealer, in 2008. Raymond James' 2010 record net revenue reached $2.9 billion and client assets under management of $249 billion. The company has received numerous recognitions, including being named Middle Market Investment Bank of the Year by Buyouts magazine and receiving the M&A Middle Market Advisor Deal of the Year Award for 2009.

For information, visit raymondjames.com/oew or contact 530-272-7500.

To contact Staff Writer Jennifer Terman, email jterman@theunion.com or call 530-477-4230.

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