Compston Wealth Management opens on Third Street in Ironton

 

 

Mark Compston says when he was thinking of opening his own business, he knew two certain things: It was going to be in Ironton and it was going to be with his son.

He stuck to his guns in regard to those self-imposed prerequisites.

On Monday, Oct. 14, Compston Wealth Management opened its doors at 1011 S. Third St. in Ironton. CWM has been in the works for some time and Mark says this past February, he decided to do it. An open house was held this past Friday in recognition of its inception.

“We had a good turnout,” Mark said. “Quite a few people have made their way here today.”

Mark’s wife, Brenda, prepared food for the event and as of 3 p.m. Friday, more than 50 people had visited the office, which was converted to its current state by owner Tim Kleinman. The building had been a residence for the past few decades.

“The building has been completely renovated,” Mark said. “It was a massive renovation. Walls were moved and torn down and it looks wonderful. Tim (Kleinman) did a fantastic job.”

On the inside, Brenda and Casey collaborated on the decorating and were meticulous when picking everything from paint colors to furniture.

Mark, who is Managing Principal of CWM, brings two decades of experience in investment and planning advice to the business.

After graduating from Eastern Kentucky University and serving 11 years in the Army, he began his career in financial planning.

For 10 years he worked as branch manager, first for A.G. Edwards in Ashland, Ky., and then for Wells Fargo in Huntington, W.Va. CWM is an independent business but remains under the Wells Fargo business umbrella, which is something he sees as a huge asset to the business.