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Arv Private Wealth Launches with Support from LPL Strategic Wealth

1. Arv Private Wealth launched with $330 million in client assets. 2. The team chose LPL's Strategic Wealth model for its supportive structure. 3. LPL Financial continues to expand in independent advisor market. 4. The firm promises holistic client-focused services and financial guidance. 5. LPL supports over 29,000 advisors, managing $1.8 trillion in assets.

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Why Bullish?

The launch of a new firm under LPL indicates continued growth and advisor retention, historically boosting LPLA's value.

How important is it?

The news highlights LPL's growing market position, which could attract more advisors and assets.

Why Long Term?

Strong advisor affiliations can drive consistent revenue streams, seen in past successful independent firm launches.

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RBCSCHWETFC
June 02, 2025 08:55 ET  | Source: LPL Financial Holdings, Inc. SAN DIEGO, June 02, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Christian Reuter, James “Scott” Robinson and Michael Capeder have launched a new independent practice, Arv Private Wealth, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth. They reported serving approximately $330 million in advisory, brokerage and retirement plan assets* and join LPL from RBC.   Based in San Diego, Reuter and Robinson have been collaborating since 2012 and bring a combined six decades of financial industry experience to the practice. Capeder, who entered the financial industry in 2018, completes the team. Together, they aim to create an independent practice focused on helping clients work towards 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 advisors, 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.” Why they made the move to LPLThe team chose to affiliate via LPL’s comprehensive supported independence solution, LPL Strategic Wealth Services (SW), 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 innovative wealth management platform and sophisticated resources, SW advisors benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice. Then, after the transition is complete, SW teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors 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 enduring needs of their clients and the culture and evolution of their practice. “From our first meeting, it was clear that everything LPL offers is designed with the advisor 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.” Scott Posner, LPL Managing Director, Business Development, said, “We welcome the Arv Private Wealth team and congratulate them on going independent with LPL Strategic Wealth. At LPL, we believe in providing the strategic support and innovative resources advisors can use to deliver differentiated client experiences. We look forward to supporting this team for years to come.” RelatedAdvisors, learn how LPL Financial can help take your business to the next level. About LPL Financial LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com. Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website. *Value approximated based on asset and holding details provided to LPL from end of year, 2024. Media Contact: Media.relations@LPLFinancial.com  Tracking #743659

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