Commonwealth Financial Network today announced it has added three independent financial services firms in Overland Park, Kansas, as clients, with assets totaling more than $375 million.
The custodian added Pegasus Capital Management, Trinity Planning Group and Stanziola Financial Group.
Pegasus Capital Management, led by Ray Evans, generated $1.2 million in gross dealer concessions (GDC) in 2011 and oversees more than $200 million in client assets. The firm focuses on wealth management planning for high-net-worth clients.
Trinity Planning Group, led by Timothy DiSette and David Pacer, focuses on estate, business, investment and retirement planning for high-net-worth business owners. The firm generated $1 million in GDC in 2011 and oversees more than $150 million in individual client and retirement plan assets.
Stanziola Financial Group, let by James Stanziola, focuses on closely held, family-run businesses in the estate and business succession planning areas. The firm generated $400,000 in GDC in 2011 and oversees more than $25 million in client assets.
"Pegasus Capital, Trinity Planning and Stanziola Financial are consistently recognized as top advisor teams in Overland Park, Kansas, and throughout the industry," said Andrew Daniels, managing principal of field development for Commonwealth. "We look forward to helping them grow their practices by combining their innovative strategies and dedication to client satisfaction with the best tools and resources to deliver unparalleled value to their clients."
Launched in 1979, Commonwealth Financial Network is a privately held independent broker-dealer, with headquarters in Waltham, Mass., and San Diego.