Artiea Capital Management, a financial planning practice in Westlake Village, Calif., has joined LPL Financial LLC’s broker-dealer, RIA and custodial platforms, the companies announced.
The team was formerly with Wells Fargo Financial Advisors Network, where they managed about $630 million in advisory, brokerage and retirement assets as of December 31.
Formed in 2011, partner financial advisors Paul Artof, Joel Chitiea, Jason Artof and Jamie Wood lead the team, which also includes wealth advisor Cassandra Mettlen, paraplanner Scott Davis, senior registered client associate Rosalyn Weihe and client services associate Melinda Heydon.
“We’re an ensemble practice, and each partner’s diverse background and training brings a breadth of knowledge and focus to Artiea Capital Management,” Wood said in a news release.
Wood said that he and his team focus on comprehensive advice based on each partner’s area of expertise, whether it be fixed income, investment portfolio management, financial planning, insurance protection, tax-based investing or intergenerational wealth transfer, as well as other related services.
“We work together using our specific talents to pursue positive outcomes for our clients,” Wood said.
With an eye toward deepening their relationships with clients and enhancing their practice, the team turned to LPL as their new partner.
“LPL shares our entrepreneurial spirit and understands what it’s like to be in business for yourself,” Chitiea said in the news release. “We now have more choice and flexibility in how we build our business and in the capabilities available to us.”
“All of this allows us to customize our business for each client’s needs and provide a more tailored approach,” he said.
Artof cited LPL’s flexible platform as a they partnered with the firm.
“The platform’s open architecture provides us with the ability to integrate a broad spectrum of software tools to enhance our financial planning process,” he said in the news release.
Wood said that LPL’s extensive community of financial advisors offered he and his team a greater opportunity to tap into their collective wealth of knowledge.
“We…love that we’re now working side by side with 21,000 other LPL advisors that we can share ideas with and discuss best practices,” he said in the release. “We look forward to attending conferences with our LPL colleagues–we love to grow and want to stay ahead of the curve.”
Headquartered in Fort Mill, S.C., San Diego and Boston, LPL Financial LLC supports nearly 21,000 financial advisors, approximately 1,100 institution-based investment programs, and 500 independent RIA firms nationwide.