Mach 1 Financial Group makes move from Bentonville to Rogers’ MetroPark

by Paul Gatling ([email protected]) 1,275 views 

Mach 1 Financial Group, a registered investment adviser (RIA), recently relocated its office from Bentonville to Rogers.

The company occupies 10,700 square feet of a 41,000-square-foot office building at 1001 S. 52nd St. in the city’s MetroPark development west of Interstate 49. That’s more than double the space of the Bentonville office.

David Lee is the company’s founder and CEO. He also owns the Rogers building through a tenancy in common investment (TIC) between TKH Exchange Holdings LLC and Lee and Lee Investments LLC. They paid $6.13 million for the single-story building in February 2022.

After serving nearly a decade in the U.S. Air Force as an F-16 fighter pilot, Lee started Mach 1 in 2005 when he acquired the Bella Vista satellite office of Hot Springs Village firm CW Beale & Associates.

After 10 years of growth, the firm moved to a Walton Boulevard office in Bentonville. Mach 1 occupies the Rogers office with approximately 20 employees, four financial advisers and nearly $300 million in assets under management (AUM).

“Mach 1 started 18 years ago as a vision inside a small 700-square-foot office in Bella Vista,” Lee said. “We are so thankful for the support of our clients who got us here and can’t wait to see what new heights we’ll reach with this expanded space.”

One of the firm’s recent hires is Brent Leas of Bentonville, who started on March 20 as director of operations. Leas most recently worked as an associate partner for New York Life Insurance Co.

Mach 1 is hosting an open house at 3 p.m. Thursday (March 30). In conjunction, the firm will present checks to five regional nonprofit groups — Northwest Arkansas Children’s Shelter, The CALL of NWA, Loving Choices, Fellowship of Christian Athletes and Children’s Advocacy Center of Benton County.

“Supporting charities has been a focal point of Mach 1 for many years now, and we believe it’s our purpose to give back to the community,” Lee said.