Timothy W. Chase, CPA/PFS, CFP®Founder, Chairman

tim-team-bio

One of the original founders of WMS Partners, Tim is involved with personnel, financial, and regulatory requirements for the firm. As Chairman, Tim's focus is the strategic direction of the firm and the building and preservation of the firm's culture.  Tim also serves on the firm’s Executive and Investment Committees.

Tim is a Certified Public Accountant (CPA), a Personal Financial Specialist (PFS), a Certified Financial Planner® and a Chartered Life Underwriter (CLU).  Tim is a graduate of Towson State University where he earned a Bachelor of Science degree in accounting and finance.

Tim is active in the local community and serves as Chairman of the Penn-Mar Foundation, Inc. and is on the Board of Directors for Penn-Mar Human Services.  He serves on the Board of Trustees for Carroll Hospital Center Foundation, the Maryland Historical Society, the Calvert School Investment Committee and the Schwab Institutional Advisory Board.  Tim is a member of the AICPA Personal Financial Planning division and the National Association of Personal Financial Advisors (NAPFA).

What made you decide to pursue a career in wealth management?

I always enjoyed the wealth management business because at its core, it is about helping people.  The financial world is complicated and intimidating to most people who don’t enjoy diving into the minutiae of financial planning.  I have always enjoyed that aspect and the ability to help families is what makes this business so fulfilling for me.

What do you like best about being a part of the WMS Partners team?

As a co-founder of the firm, one of my biggest sources of pride is seeing the team of professionals that we have attracted at WMS Partners.  Ultimately, our ability to serve clients is a reflection of the quality of our staff and as we have grown, we have surrounded ourselves with the best practitioners in our field.

I really enjoy mentoring our younger professionals and watching them grow in their careers.  It is very gratifying to know that as our families grow and future generations become involved with our team, we are poised to grow with them.

How do you want your clients to view their wealth?

Ultimately, the most important thing is to focus on how they can use their wealth to benefit themselves, their families and the causes that are close to their heart.  At the end of the day, it is not investment returns or tax strategies that are most important, but how has the family’s wealth had a positive impact on those around them.

On a professional level, what are your biggest accomplishments?

When we started WMS Partners back in 1993, the concept of a conflict free advisory firm where we truly put the interests of our clients ahead of our own interests was a unique idea.  At the time, it was uncertain whether that new model could turn into a successful business.  As our firm has grown and thrived over the years, I can see that the principles upon which we started the firm have remained alive and are now in the hearts & minds of the entire staff here at WMS.

What do you love to do outside of work?

With a wife and four children, we stay very busy traveling to keep up with their lives, their sports and their music.

What are you passionate about personally?

I have been involved for many years with Penn-Mar Human Services, an organization that is committed to improving the lives of those with developmental disabilities.  Helping the organization thrive and seeing the impact on families has been tremendously gratifying.

What is your most memorable travel experience?

When we first started our family, we always wanted to take our children to Africa to experience the culture and wildlife.  In 2007, we were able to take our family to visit Kenya, Tanzania and Egypt.  To this day, our (now grown) children still talk about that trip as one of their most memorable experiences.

We take pride in sharing the same values as our clients

Custom investment portfolios with a strategic outlook