Ex-Cetera Team With $715M in Assets Joins LPL’s Broker-Dealer
The advisers of Concentric Wealth Management have joined LPL Financial’s broker-dealer and registered investment adviser. They reported serving approximately $715 million in advisory, brokerage, and retirement plan assets and join LPL from Avantax by Cetera.
Based in Cincinnati, Ohio, the team is led by Patrick Burke, CPA, and Matt Tarka, AAMS, CRPS. The company started as an accounting firm over 40 years ago and expanded to wealth management 15 years ago.
The advisers said they work with a broad spectrum of clients including business owners, retirees, and emerging affluent households. They also serve a large niche of other professional service providers.
“We are a one-stop-shop for our clients regardless of their stage of life. We provide highly skilled professional services through our wealth management practice,” said Patrick Burke. “Our approach is collaborative and relationship driven. We work as a close-knit team and take a multifaceted approach to service our clients, with the end goal of providing a sense of clarity and comfort. Though financial planning can feel overwhelming at times, we focus on building trust and offering personalized guidance every step of the way.”
After experiencing significant growth over the past two years, the Concentric Wealth Management team turned to industry leader LPL to support their long-term vision. The team includes advisers Molly Myers, CFP, CLU; Nick Groman Esq., CFP; Tim Powell, CFP, AIF; and Dean Johns, CPA, CFP. They are rounded out by Jake Burke, CPA, paraplanner; and Josh Wentz, CFP, and Justin Lehkamp, both client services associates.
“After conducting extensive research, it became clear that LPL offers the foundation we need to operate a high-caliber advisory firm for high-net worth individuals,” said Tarka. “The cutting-edge technology, robust capabilities, and strong alternative investment platform allows us to deliver an exceptional client experience while having the infrastructure to allow us to attract top talent and expand our footprint with intention. With this alignment, we’re equipped to accelerate our growth while staying rooted in our values.”
Jake Burke added, “We view our broker-dealer relationship as an extension of how we serve our clients. We were seeking a partner who aligns with our values, supports our collaborative approach and shares our long-term vision. We found that partnership with LPL.”
Earlier this month, the advisers of Skyward Financial joined LPL Financial’s broker-dealer, registered investment adviser platform. They reported serving approximately $700 million in advisory, brokerage, and retirement plan assets and joined LPL from Wedbush Securities.
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