Mayor Chris Vergano cut the ribbon today at the new Edward Jones office at 500 Valley Road as part of his initiative to keep residential property taxes in check. “I want to make sure all of our businesses feel welcome and appreciated,” said Vergano, who gathered along with employees and guests outside the financial company’s office to officially cut the ribbon for the grand opening.

“Bob [Olsen] has been serving Wayne residents for twenty-five years,” said Vergano. “And, now Conan and Ozzie will continue the tradition of excellent financial advice.”

Twenty-five years ago, Bob Olsen opened one of the first Edward Jones offices in New Jersey right here in Wayne, and over the last couple of years, as Olsen prepared for retirement, Conan Ward helped to manage the business.

Sign Up for Wayne Newsletter
Our newsletter delivers the local news that you can trust.

“And, now that Bob has retired, we combined businesses and this new office is the first multi-advisor office for Edward Jones in New Jersey,” said Ward who is working in the office with fellow financial advisors Ozzie Niazi and Matthew Chanda. “It’s a real change in tradition for our company and an experiment to see if this is going to be an effective model,” he said.

“This move to the new office allows us to expand and serve more of Wayne’s residents,” said Ward. “What we offer goes beyond investment advice. Anyone can sell you a good investment. You can do it yourself online. Our goal is to make sure all our clients have a cohesive plan to accomplish whatever their investment goals are. We help people understand how all the different pieces of the puzzle come together. How they are going to be able to transition wealth to another generation; how to protect yourself and your assets, should illness come or whatever life brings.”

In speaking about his pro-business initiatives, Vergano added: “We want all businesses to know that they are appreciated and welcome here in Wayne. Not only do they provide a variety of services that our residents want and need, but their taxes help to offset residential taxes, which is a priority for me.”