
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.
âThey want to go outside and play in the snow,â Osmar A. GarcĂa â13 said. âIn, out, in, out. Melted snow puddles everywhere.â
He doesnât 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 â17, are co-founders of Conwayâs Garcia Wealth Management through Northwestern Mutual. Established in 2019, Garcia Wealth Management began with three employees â Osmar, Gilberto and an associate â and today has nine employees and clients in 24 states. The brothersâ success is born from their desire to build a legacy not only for their families but also for those in their community.
âI was the first in my family to go to college,â Osmar said. âI was not exposed to a lot of scholarship opportunities because my family simply didnât know how to guide me in that. While I was going to the 51Çà„, I worked in the banking industry, and I would see people come in who couldnât get to the next step in their lives because they didnât have their finances together. That was something I knew I could help others do.â
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 51Çà„ Bears while studying finance and risk management. After graduating, he pursued his masterâs in business administration.
âI knew I wanted to either study finance or become a coach,â said Gilberto, who serves as president of Garcia Wealth Management. âOsmar 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 UCA are equal to or better than other universities. I donât think we would be where we are today without UCA.â
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.
âItâs motivating to have âGarciaâ in the name of our business,â Osmar said. âItâs cool to be in business together because we learn from each other. We complement each other well.â
âWeâre proud to go to work every day and build something as a legacy,â Gilberto added.
Both brothers frequently return to UCA to give back and inspire students. On March 7, Osmar spoke on a panel to approximately 100 UCA graduate students. Gilberto encourages students to learn from alumni whenever the opportunity arises.
âWhatever you want to do, someone else has already done it and knows the process,â Gilberto said. âGo be with them, ask questions and learn from their experience.â
Osmar agrees: âIf you show me the five people with whom you spend the most time, Iâll show you your future. If you want excellence in your life, keep excellent people around you.â
One of those five people for both Osmar and Gilberto is UCA President Houston Davis.
âWe 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 UCA a collegiate contender,â Osmar said. âWhen he was made president in 2017, it was like a big family reunion. Everyone was cheering and hugging. Heâs brought the same sense of family and legacy to UCA we hope to instill in Garcia Wealth Management.â
Gilberto said he is most impressed by Davisâ willingness to be present on every level.
âHe may be in a board meeting one hour, then taking Instagram photos with students the next,â he said. âHe gets the concept of community, and that is one reason he is successful and why we have such deep roots as UCA alumni.â