A team of four advisors followed their shared vision of launching their own independent wealth management firm in Indianapolis.
The team, who were colleagues at RIA Sheaff Brock Investment Advisors, partnered with tru Independence to launch Mindset Wealth, a name that reflects their common values and approach to wealth management.
Mindset Wealth’s co-founders and managing partners Peter Bjelopetrovich, Seth Hickle, James “Louie” Humphries, and Mark Vandygriff aim to bring a fresh perspective to portfolio and will employ derivative overlay strategies in separately managed accounts, with experience in helping clients with low cost basis stock positions.
“It’s an amazing thing when you find people who share a similar mindset as you, much less on multiple levels. I have found that in my partners Mark, Seth and Louie, and it brings us enormous energy to launch our own independent RIA in an efficient, technology-forward manner,” Bjelopetrovich said. “We have found our niche in managing differentiated option overlay strategies for many years, and with tru Independence serving as our backbone, we are ready and able to hit the ground running in continuing to serve today and tomorrow’s clients.”
For tru Independence, the new team builds on a strong year of onboarding in 2023, with six new advisory teams collectively managing more than $4 billion in assets. Overall, the firm’s national independent advisory platform services approximately $12.5 billion in assets.
“Mindset is a great addition to the tru family of independent advisors and exemplifies the appeal of providing a cutting-edge RIA platform, enabling entrepreneurial and growth-focused advisors to serve their clients in their own manner,” said Amit Dogra, president and chief innovation officer at tru Independence. “The Mindset team’s deep experience in asset allocation, unique derivatives strategies and portfolio management experience positions them for continued success in the years to come. We look forward to supporting their journey.”
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