Father-and-son advisors Bruce Kelm and Duncan Kelm of newly launched Arrowpoint Wealth Management, based in Santa Rosa, Calif., have aligned with Gladstone Financial Resources Group, a registered investment advisor in Chester, N.J., to join LPL Financial’s broker-dealer, corporate registered investment advisor and custodial platforms, the companies announced today in a news release.
The Kelms were formerly with Morgan Stanley, where they managed approximately $135 million in brokerage and advisory assets.
According to the news release, Bruce Kelm entered the financial advice field in 1992 after he sold his brew pub. His son and successor, Duncan, a former member of the national USA Sevens Rugby team, joined the business In 2017. The practice works with business owners, professionals and executives.
LPL Financial, headquartered in Ft. Mill, S.C., San Diego and Boston, is the nation’s largest independent broker-dealer.