A team managing approximately $250 million in assets has chosen LPL Financial to power its evolution into a more autonomous independent wealth management firm.
Financial advisors Michael J. Pumo and David A. DiRe have joined the firm’s broker-dealer, RIA and custodial platforms, having previously been with UBS.
The duo are launching 360 Wealth Advisors, which is a nod to a local landmark in their Austin, Texas location, the Pennypacker Bridge, which is known as the 360 Bridge for its award-winning unique design. But it also encompasses the driving principles of their advisory business.
“With wealth comes great opportunity, as well as increasing complexity of choice – especially with respect to who you entrust to share your financial and personal aspirations,” said DiRe. “Michael and I believe in taking a holistic approach to wealth management. We take the time to get to know our clients, their goals and even their fiscal legacy aspirations so we can work with them to create a comprehensive plan for their financial future.”
Pumo explained why the pair chose to switch to LPL for the next phase of their future.
“We spent a lot of time doing our due diligence before making this move and the key selling point for us was that LPL makes it easy for us to run our business our way,” said Pumo. “We are confident that by using LPL’s streamlined and integrated technology solutions and robust tools we will be able to provide a best-in-class experience for our clients.”
The fintech firm is cementing its status in the workplace savings space with its latest ESA offering, which employers can integrate into their existing benefits package.
Wealth managers offer unique ideas for couples to grow closer emotionally and financially.
Survey findings suggest increased sense of financial security and more optimistic 2025 outlook, while highlighting employers' role in ensuring retirement readiness.
Falling prices for some securities within the $4 trillion state and local government debt market spotlight how the push to shrink spending is sending shockwaves across the US.
With a majority find getting new clients a challenge, report suggests fee transparency as a way to foster trust among the unadvised.
Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies
From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.