Compton Financial Group
In April of 1978, Bob Compton started R.L. Compton and Associates in downtown Baltimore with a used executive desk purchased at a local furniture store, a phone line, a tiny ad in the Baltimore Sun discussing his “Grand Opening” and six hundred dollars. This was quite a risk, especially considering he had two small children at home. He managed to get his first client shortly after and business had begun.
Being the family man that Bob is, he moved his office to Bel Air, Maryland in 1982. Again, a local ad was run in the paper announcing “The expansion of R.L. Compton and Associates.” This also included the hiring of his supportive wife, Bobbi. While Bob continued to provide excellent service to the small businesses in the area, Bobbi started getting the company ready for the 21st century by bringing R. L. Compton their first computer and systematizing all of their work.
Although the business continued to grow in terms of both clients and complexity, with the passing of another decade came more changes. In 1991, the office moved to Jarrettsville, Maryland, where a small farm tenant house was converted to an office (affectionately referred to as “Global Headquarters”). More significant than the location of the office, there were many other changes about to take place inside “Global Headquarters”.
In 1997, their son, Chris graduated from college and took an interest in becoming a Wall Street broker. He was given a small office at Lincoln Financial with three other rookies and a telephone book to start cold calling. Chris quickly realized the advice of a 22 year old was not very valuable and he preferred one-on-one communication with clients. He quickly saw the opportunities available to him by working with his father and absorbing all that Bob knew. He joined R.L. Compton and Associates and broadened the firm’s scope to include investment and financial planning. Realizing that wealth management requires comprehensive resources, the firm established a relationship with partnered with the country’s largest independent Broker Dealer*, LPL Financial. In addition, the name of the family business was changed to Compton Financial Group to more appropriately reflect the services provided.
As time progressed, Chris continued to expand his responsibilities and became the Managing Partner in 2002. Believing that the strongest team could provide the best results, the number of employees grew to handle the increased business. The team he has put together is talented, educated and, most importantly, attentive to their clients. Finally, in 2002 the office moved to Lutherville, Maryland to provide a more convenient location to clients.
The reasons for the most recent move in 2009 to Towson, Maryland were three-fold. Professionally speaking, the new office provided enough room for the growing staff. It also provided the warmth and family image that is associated with Compton Financial Group. Privately speaking, the current office is conveniently located near Chris’ three small children.
Because of the level of service that is provided, many clients find Compton Financial through a referral from an existing client. The team strives to provide exceptional customer service, accurate information, and consistent results.
We are a local, family-run business with almost 40 years of experience. We would like to get to know you and your history as well. Like our motto says, we are “Big enough to serve you; Small enough to know you”. Compton Financial Group is very proud of its past and looks forward to the future.
* Based on total revenues, Financial Planning magazine June 1996-2016