Financial advisor Larry Boggs has launched Boggs & Company Wealth Management, a new independent practice, in partnership with LPL Financial’s Strategic Wealth Services (SWS), an affiliation model for breakaway advisors, the companies announced today in a news release.

Boggs was formerly with Wells Fargo Advisors, where he and his team managed approximately $1.3 billion in advisory, brokerage and retirement plan assets.

Headquartered in Cumberland, Md., Boggs and his team provide comprehensive financial advice, retirement planning, business services, education funding, estate planning strategies, special needs trusts and other wealth management services to families and business owners throughout the region, the release said.

Boggs’ 13-member multigenerational team includes his three daughters, financial advisors Mirjhana Buck, Dagenais Boggs and Koosie Boggs. The team also includes financial advisors Brian Kelly, Patsy Stullenbarger, Steven Stroup and Cady Rankin, with operations support from Michelle Lucas, Janet Shroyer, Brenda Mulligan, Molly Beeman and Christina Crites.

Boggs started the business after more than four decades as a wirehouse advisor. He interviewed more than 15 firms before choosing to move the practice to LPL, where he said he could run the business on his own terms and elevate his client experience.

“The industry is evolving and it became obvious we needed to update our approach to the business,” Boggs said in the news release. “LPL offers the independence and flexibility I’ve been craving.”

Boggs described LPL’s SWS model, to which he credits his new-found independence, as a “true differentiator” since it not only delivers access to LPL’s integrated platform and resources, but also provides personalized support for daily operations and long-term business management. In addition, SWS offers real estate buildout, brand development, technology setup and HR support—all the elements that Boggs & Company, as an independent family practice, requires to scale its business and ensure its legacy.

“We like to think of it as our family taking care of your family,” Boggs said in the news release.

Headquartered in Fort Mill, S.C., San Diego and Boston, LPL Financial LLC supports more than 17,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide.