A new independent firm is forming in Tampa, Fla., as the leadership team of Florida Investment Advisors leaves the Bank of Tampa to join LPL’s hybrid model.
Wealth Advisors of Tampa Bay managed $350 million in assets under management while with Florida Investment Advisors and is led by Fenn Giles, president and partner.
“The independent model represents freedom not only for us as wealth managers, but more importantly, for our clients,” Giles said in a statement. “We can now approach the individual wealth management needs of our clients with complete objectivity and transparency. The added variety of tools, resources and technology through our relationship with LPL Financial allows us to drive results and optimize personalized investment strategies.”
Collectively, Giles, along with Roger Martin as senior portfolio manager and partner and Lori Nadglowski, chief operating officer and partner, have more than 100 years of experience in the industry.