People Moves
New US Wealth Management Firm Spins Out of Merrill
Monument Wealth Management is the name of a new boutique wealth
management firm that will offer financial planning, investment
advice and asset management to high net worth clients in the
greater
Washington
DC area.
Based in
Alexandria,
Virginia, the Monument team will be independent advisors within
LPL Financial, an independent broker/dealer that supports 11,000
financial advisors across the
US.
Bill Dwyer, president of LPL Financial Independent Advisor Services, said: "We are extremely pleased that this established and well-respected team chose to contribute their talent and integrity to the LPL Financial family."
The Monument team was most recently with Merrill Lynch in
Washington
DC where they served respectively as advisors, financial planners
and portfolio managers to high net worth clients and their
families, corporate executives of both publicly traded and
privately held companies and small business owners.
The founding partners of Monument are David Armstrong, Dean Catino, Timothy Lee and Timothy McKey, all managing directors.
They will be targeting clients with a minimum of $1 million in
investable assets.