U.S. Wealth Management, an independent network of wealth managers based in Boston, has added two new financial advisory practices to its platform to bring it to more than $600 million in advisory and brokerage client assets, U.S. Wealth announced Thursday.
Equity Planning Inc., based in Bethesda, Md., has $250 million in assets under management. It was founded in 1963 and is led by wealth manager Marc S. Schliefer, CFP. Equity Planning will continue to operate under its own name.
U.S. Wealth Management also tapped a two-man advisory team, Benjamin Haas and Christopher Sabosik, from Lehigh Valley, Pa. They have $60 million in assets under management. They will work under the U.S. Wealth Management brand.
Both teams will use LPL Financial as their broker-dealer for commission-based securities activities. For all fee-based activities, both firms will work with U.S. Financial Advisors LLC.
U.S. Wealth Management will provide research, technology and other resources for the firms.