Air Capital Wealth Management Launches with LPL Financial

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[{"type":"text","content":"SAN DIEGO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisors Michael Caffrey, CRPC®, Derek Keller, CFP®, CPFA®, CRPC®, MBA, and Gabriel Parham have launched a new independent practice, Air Capital Wealth Management, through affiliation with LPL Strategic Wealth Services, a supported independence model. The team reported having served approximately $685 million in advisory, brokerage and retirement plan assets* and joins LPL from Merrill Lynch. Based in Wichita, Kan., known as the Air Capital of the World, the advisors are longtime colleagues who each bring diverse experiences and perspectives to the team. Caffrey was mentored by his father, Ron Caffrey, and has earned recognition on several Forbes lists**. Parham also grew up in the business and recalls making 50-cents an hour as a child to help his mother file — a job that sparked his interest in investments early on. Keller has nearly two decades of experience guiding clients’ financial lives. Together, with support from two assistants, the advisors share a commitment to providing comprehensive services and personalized advice to their clients. “Our mission is to help each individual client with their financial goals by simplifying the complexities, making it easier for them to understand,” said Parham, who noted their client base spans from doctors, engineers and pilots to farmers, teachers and small business owners. “We are passionate about building deep relationships with clients and providing them with personalized financial strategies.” As they continue to honor the legacy of the firm’s early leaders, Ron Caffrey, Janet Johnson and Deborah Rowley, all who have since retired, the Air Capital team decided the independent model would best suit the growing needs of their business. “We want to be able to focus on clients, their goals and objectives, not corporate mandates,” Caffrey said. “LPL provides us with the flexibility and resources we need to make our own decisions and build our business how we want. We also have several new options across the board within LPL’s open architecture platform, including more planning software, which allows us to provide even more comprehensive and personalized experiences for our clients.” The team was drawn to LPL’s comprehensive supported independence solution, LPL Strategic Wealth S...

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