As part of this move, Atlas Private Wealth Advisors aligned with Flagship Harbor Advisors, an independent registered investment adviser (RIA) group, for its fee-based advisory services.
Atlas focuses on mass affluent Baby Boomers in or approaching retirement. The firm seeks to protect a client’s lifetime of earnings while minimizing the impact of taxes. Atlas employs a team-based approach, coordinating its services with certified public accountants, attorneys and real estate agents, among others, to deliver an integrated wealth management solution.
Through the move, Atlas gains a suite of solutions, tools and resources geared at supporting their ability to expand on a scalable basis, according to Bill Morrissey, executive vice president of business development at LPL Financial.
Atlas Private Wealth Advisors, in Matawan, New Jersey, supported brokerage and fee-based client assets totaling approximately $125 million as of December 31.
LPL Financial is the nation’s largest independent broker/dealer, an RIA custodian, and a wholly owned subsidiary of LPL Financial Holdings.