Trio of Ex-RBC Advisers Launch Arv Private Wealth With LPL Strategic Wealth
Financial advisers Christian Reuter, James “Scott” Robinson, and Michael Capeder have launched independent practice Arv Private Wealth through through affiliation with LPL Financial’s supported independence model: LPL Strategic Wealth. The team reported serving approximately $330 million in advisory, brokerage, and retirement plan assets and joined LPL from RBC.
“At LPL, we believe in providing the strategic support and innovative resources advisers can use to deliver differentiated client experiences. We welcome the Arv Private Wealth team and congratulate them on going independent with LPL Strategic Wealth,” said Scott Posner, LPL managing director, business development.
Based in San Diego, Reuter and Robinson have been collaborating since 2012. Capeder, who entered the financial industry in 2018, completes the team. Together, they aim to create an independent practice focused on helping clients work toward a more secure financial future. The firm’s name is a nod to the Danish word for “legacy” and “heritage,” serving as a guidepost for providing a holistic and integrated experience for their clients.
“Clients face a myriad of situations throughout their lives – both good and bad – and it’s our responsibility to be there for them,” Reuter said. “Not just as financial advisers, but as trusted confidants, friends, and someone they can turn to for guidance. For us, it’s not just about managing their wealth; it’s about being there for our clients when they need us most.”
The team chose to affiliate via LPL’s comprehensive supported independence solution, LPL Strategic Wealth Services, which combines the freedom and flexibility of entrepreneurship with hands-on business services and support to help practices thrive, both operationally and strategically. In addition to having access to LPL’s wealth management platform and resources, LPL Strategic Wealth Services advisers benefit from an integrated service that includes simplified pricing, technology, and dedicated support to launch their practice.
Then, after the transition is complete, the teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, chief financial officer, and administrative assistant. Advisers have one point of contact, a dedicated team and priority access to advocacy and project management for complex business issues, ultimately allowing them to stay focused on the needs of their clients and practice.
“From our first meeting, it was clear that everything LPL offers is designed with the adviser in mind,” Reuter said. “From LPL’s admin solutions which will allow our clients to schedule appointments quickly and easily, to ClientWorks where they can access all their accounts with a single sign-on, we will be able to create our ideal independent practice and deliver a next-level client experience.”
LPL Financial has been a recent destination for others affiliated with RBC. Last month, financial adviser Colin Beamish, CFP, joined LPL’s employee adviser channel, Linsco by LPL Financial, to launch Beamish Wealth Management of LPL Financial. He reported serving approximately $445 million in advisory, brokerage, and retirement plan assets while at City National Securities Inc., a subsidiary of RBC.
Click here to visit the AltsWire directory page.
