$315M Firm Selects IAA To Go Independent

CHARLOTTE, N.C. – August 4, 2021 –  Independent Advisor Alliance (IAA), an office of supervisory jurisdiction on LPL Financial LLC’s hybrid registered investment advisor platform, announced today that Castle Wealth Partners has joined its network of independent advisors.

Founded by industry veteran Mark Castle, CFP®, CIMA®, the newly minted Castle Wealth Partners manages more than $315M in brokerage and advisory assets, providing wealth, estate and tax planning services for high-net-worth individuals.

“Mark and his team are a good fit with our firm because their clients’ best interests are at the heart of every decision they make,” said Robert Russo, CEO and Founder of IAA. “By partnering with IAA, Castle Wealth Partners can service their clients with the latest support services, resources and technology needed to work towards their financial goals, while at the same time retaining complete control over its business and operational decisions.”

Created and built with the independent advisor in mind, IAA is a hybrid RIA uniquely positioned to meet the needs of their partner firms with customized and innovative wealth management solutions.

“After over three decades in the industry, I have come to realize that the best way to truly serve our clients is on the independent side of this business,” added Mark Castle. “Being able to deliver financial planning and investment management to our clients in a fiduciary capacity gives them the confidence that we always have their best interests at the center of our relationship.”

Castle has more than 30 years of extensive financial services experience with several industry-leading firms. Prior to founding Castle Wealth Partners, Castle served as Senior Vice President for Stephens Inc’s Private Client Group division for nine years, and almost a decade as Senior Vice President of Wealth Management for Morgan Stanley. Earlier in his career he was a trust officer with several banks.

Castle received his Bachelor of Arts in Management from Covenant College and an MBA in Finance from the University of Tennessee. He is also a military veteran who proudly served with the United States Marine Corps.

About IAA
Based in Charlotte, N.C., Independent Advisor Alliance (IAA) is strategically focused on building a community of successful independent advisors serving the financial and retirement needs of individuals and businesses. IAA provides its affiliated advisors with customized support services designed to optimize efficiencies, reduce expenses, attract and retain clients, and boost revenue. Founded in 2013, today IAA serves 146 partner firms, servicing more than $14 billion of client assets of which $9.1 billion are assets under management as of July 2021. For more information, visit www.independentadvisoralliance.com.

About LPL Financial
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker/dealer**. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL.com

**Based on total revenues, Financial Planning magazine June 1996-2020

Securities offered through LPL Financial, member FINRA/SIPC. Investment advisory services offered through Independent Advisor Alliance (IAA), a registered investment advisor. IAA, Castle Wealth Partners and LPL are separate entities.

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Media Contact:
Dana Ryan
(888) 430-1555
dryan@nulliaaria.com

 

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