Terry Galloway

Terry Galloway is founder and president of Galloway Financial Advisors, Inc., the company is located in Elwood and opened its doors May 1.

ELWOOD — Those in the area looking for financial expertise on investment and retirement now have a new firm to consult with. Galloway Financial Advisors Inc. recently opened their doors in Elwood and are ready to help people through various financial milestones in their lives.

Terry Galloway, the founder of Galloway Financial Advisors, GFA, is no stranger to finances or to Nebraska. Galloway grew up in Bladen and attended college at the University of Nebraska Kearney where he earned a degree in business administration and accounting.

Galloway has been a certified public accountant for 34 years and worked for the Grand Island based, Almquist, Maltzahn, Galloway and Luth, P.C., since 1989. He has also been involved in wealth management since 2008.

He has held a number of certificates including, public accountant, fraud examiner, government financial advisor, valuation analyst, personal financial specialist and retirement plan fundamentals.

His industry experience includes villages, cities, state agencies, local government, nonprofit groups, manufacturing, agriculture, feedlots, transportation, retail, utilities, wholesale, construction contracts, health care services, etc.

This year he retired from the Grand Island firm and is now the president of Galloway Financial Advisors, they opened their doors in Elwood on May 1.

Galloway Financial Advisors will offer investment advising, retirement planning, financial advising, college education advising, business valuations and litigation support, buying or selling businesses, CFO support and personal representative assistance.

Galloway said they also plan to host education events to help educate people about things like cost of elderly care, college education costs, debt, etc.

The goal of their retirement planning is to, “give people the ability to do what they want to do,” he said. Many people do not just stop working one day and then never do anything afterward, Galloway said, he wants to help give people options in the later years of life so they can still lead successful lives.

Even though Galloway was based out of Grand Island, he has clientele from all over the United States and has built up good relationships with many people over the years.

“We help them through their cycles of life,” he said, “We have been a big part of their worlds, some of these people have been with us for 37 years, I have watched whole families grow. I want to have an impact on their lives.”

Galloway isn’t the only member of the GFA firm, Carrie Brooks and Katy Weissert also play an important role in the company.

Brooks is a Grand Island native and owns her own human resource consulting company called Connecting Resources, Inc. She has her husband Jeremy reside in Bartley. Brooks serves on the Village of Bartley board of trustees and participates in the Southwest Community Catalyst program. She is serving as the investment administrator for GFA.

Weissert currently resides in Elwood and for the last decade, has worked for Mary Lanning Healthcare as a patient representative and IT analyst. She is involved in many Elwood organizations including Elwood Lions Club, Elwood Booster Club, Little Angels Daycare Board and the Rural Development Board. Weissert is the GFA executive assistant.

When asked why set up shop in Elwood, Galloway said, “I love Elwood, Gosper County and Dawson County. I can live at the lake and work here, I enjoy driving into town every day, seeing people at the Red Barn.”

“Elwood has friendly people and an opportunity to grow,” he said of the community, “these places which are looking to grow do so because of the people in town.”

“We want to be good partners, good financial partners, Galloway said, “We want to be here for their needs and make them feel comfortable.”

GFA will be hosting an open house on Thursday, June 20 from 5 -7 p.m. at 307 Smith Ave. The public is welcomed to attend and get to know the people behind the latest addition to Elwood.

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