
On a day when record levels of snowfall blanket Arkansas, the CEO of Garcia Wealth Management, like many others, is ordering his children to remove their snow-drenched clothes.
鈥淭hey want to go outside and play in the snow,鈥 Osmar A. Garc铆a 鈥13 said. 鈥淚n, out, in, out. Melted snow puddles everywhere.鈥
He doesn鈥檛 mind, as he is still able to help families and individuals establish their finances and build wealth to ensure a secure future. Osmar and his brother, Gilberto 鈥17, are co-founders of Conway鈥檚 Garcia Wealth Management through Northwestern Mutual. Established in 2019, Garcia Wealth Management began with three employees 鈥 Osmar, Gilberto and an associate 鈥 and today has nine employees and clients in 24 states. The brothers鈥 success is born from their desire to build a legacy not only for their families but also for those in their community.
鈥淚 was the first in my family to go to college,鈥 Osmar said. 鈥淚 was not exposed to a lot of scholarship opportunities because my family simply didn鈥檛 know how to guide me in that. While I was going to the University of Central Arkansas, I worked in the banking industry, and I would see people come in who couldn鈥檛 get to the next step in their lives because they didn鈥檛 have their finances together. That was something I knew I could help others do.鈥
While Osmar was graduating with a degree in finance, Gilberto was entering as a freshman on an athletic scholarship. He played as an offensive lineman for the BT天堂Bears while studying finance and risk management. After graduating, he pursued his master鈥檚 in business administration.
鈥淚 knew I wanted to either study finance or become a coach,鈥 said Gilberto, who serves as president of Garcia Wealth Management. 鈥淥smar studied finance, and some of my teammates and our Kappa Sigma brothers also, were pursuing finance as a major. The education, networking connections and internship program with Northwestern Mutual offered at BT天堂are equal to or better than other universities. I don鈥檛 think we would be where we are today without UCA.鈥
Unbeknownst to each other at the time, Osmar and Gilberto were both talking with Northwestern Mutual about starting a financial planning practice in 2015. Both wanted to serve their communities and help other families build wealth while leaving a legacy of their own for their children.
鈥淚t鈥檚 motivating to have 鈥楪arcia鈥 in the name of our business,鈥 Osmar said. 鈥淚t鈥檚 cool to be in business together because we learn from each other. We complement each other well.鈥
鈥淲e鈥檙e proud to go to work every day and build something as a legacy,鈥 Gilberto added.
Both brothers frequently return to BT天堂to give back and inspire students. On March 7, Osmar spoke on a panel to approximately 100 BT天堂graduate students. Gilberto encourages students to learn from alumni whenever the opportunity arises.
鈥淲hatever you want to do, someone else has already done it and knows the process,鈥 Gilberto said. 鈥淕o be with them, ask questions and learn from their experience.鈥
Osmar agrees: 鈥淚f you show me the five people with whom you spend the most time, I鈥檒l show you your future. If you want excellence in your life, keep excellent people around you.鈥
One of those five people for both Osmar and Gilberto is BT天堂President Houston Davis.
鈥淲e are so proud to be alumni of UCA, and we admire what Dr. Davis has done since arriving and all the initiatives he is putting into place to make BT天堂a collegiate contender,鈥 Osmar said. 鈥淲hen he was made president in 2017, it was like a big family reunion. Everyone was cheering and hugging. He鈥檚 brought the same sense of family and legacy to BT天堂we hope to instill in Garcia Wealth Management.鈥
Gilberto said he is most impressed by Davis鈥 willingness to be present on every level.
鈥淗e may be in a board meeting one hour, then taking Instagram photos with students the next,鈥 he said. 鈥淗e gets the concept of community, and that is one reason he is successful and why we have such deep roots as BT天堂alumni.鈥