Spartanburg Consulting Company Moves Downtown and Expands Community Outreach | Spartanburg

SPARTANBURG – YMA Wealth Management Group, a business advisory firm, is moving its headquarters to the former location of the Whipp Advertising Building in downtown Spartanburg.

“We try to strengthen the community and the people who need help,” said co-owner Joseph Wallace.

YMA Wealth Management Group is holding a groundbreaking ceremony on June 20 to celebrate the official opening of its new office

YMA is a business consulting firm with subsidiaries. Under the umbrella of the YMA Wealth Management Group are Masters Credit Consultants, YMA Financial, Keller Williams Metro Spartanburg and YMA Cares.

YMA Wealth Management Group is a business advisory firm in Spartanburg with subsidiary business units that help people with credit repair, real estate and business management. Asia Rollins/Staff

Joseph Wallace said his business is growing out of its current location at 222 E. Blackstock Rd. in Spartanburg. He wanted to be in a more centralized area to reach more people.

With the relocation, the company is launching an incubator program through its nonprofit organization YMA Cares.

The program is structured to help new local business owners who need mentorship and office space. YMA Cares organizes charity events upstate and helps build a stronger community through their contributions.

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The office will house a new brokerage in Spartanburg called Keller Williams Metro Spartanburg. The company also plans to partner with local colleges and universities to create internship opportunities.

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Joseph Wallace said his goal is to put clients on the path to success and help them execute their business plan. Lack of management, lack of access to capital and owners who don’t understand their business are three reasons he believes businesses fail.

YMA Financial helps people start or grow businesses. Clients can receive help with finding expansion markets, marketing, management, consulting, and website development. One of the other company’s subsidiaries, Masters Credit Consultants, is in the business of repairing and building consumer credit.

“Our business model is very much driven by community needs and ensuring that people gain knowledge when they complete one of our department’s programs,” said co-owner Rebecca Wallace.

Rebecca Wallace said she and her husband started their business in 2014 because many people didn’t understand credit or how to improve their credit rating. She said the company likes to create an entrepreneurial spirit in its customers by developing a long-term plan for them.

“What we’re trying to do is create forward-thinking thinkers,” she said. “It all starts with that financial freedom that people are really looking for.”

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