Empowering Women in Finance: The Rise of Chloey Wealth Team
LPL Financial has taken significant strides in expanding its offerings by welcoming a dynamic duo, Jenna Vitosh and Natalia Paige, who have launched a new venture called Chloey Wealth. This partnership utilizes LPL's broker-dealer and Registered Investment Advisor (RIA) platform, enabling the team to serve approximately $140 million in advisory and brokerage assets.
Jenna Vitosh, a second-generation financial advisor, along with Natalia Paige, bring a rich tapestry of experience that spans over 20 years. They are dedicated to helping clients from various backgrounds, focusing primarily on young families and pre-retirees seeking guidance through their financial journeys. Their unique friendship blossomed five years ago at a networking event, evolving into a strong partnership as they supported each other's growth in the financial sector.
Building Trust through Financial Discussions
The ethos of Chloey Wealth revolves around understanding the psychological aspects of money. Paige notes the importance of trust, emphasizing that forming a meaningful relationship with clients is essential for comfortable discussions about their financial ambitions.
“We delve into why people might hesitate to discuss financial matters, creating a safe space for our clients. Our mission is not only to address financial concerns but to help them navigate their past hurdles as well,” Paige stated, illustrating their comprehensive approach to financial planning.
Why Chloey Wealth Advisors Chose LPL Financial
In their pursuit of greater independence and growth, Vitosh and Paige found their ideal partner in LPL Financial. Their decision was fueled by the autonomy offered by LPL, allowing them to merge their strengths while presenting a unified front to their clientele.
“The prospect of merging our practices with LPL opened our eyes to independence like never before. We could truly brand ourselves while supported by a reputable name,” Vitosh shared.
Supporting the Growth of Chloey Wealth
LPL Financial's Managing Director of Business Development, Scott Posner, expressed enthusiasm about Chloey Wealth’s future. He recognizes the flexibility and innovative resources provided by LPL as crucial for advisors looking to establish flourishing practices tailored to their unique visions.
“Jenna and Natalia are welcomed to our family, and we’re excited to support their journey. Our goal is to help financial advisors maximize their potential and create lasting client relationships,” Posner remarked.
About LPL Financial
LPL Financial Holdings Inc. (NASDAQ: LPLA) stands as one of the fastest-growing wealth management firms in the nation. Catering to over 29,000 financial advisors and 1,100 financial institutions, LPL plays a crucial role in servicing approximately $1.9 trillion in brokerage and advisory assets for around 7 million Americans.
The firm offers a variety of advisor affiliation models, investment solutions, financial technology tools, and practice management services, tailoring its support to the distinct needs of advisors and institutions. Their continuous innovation ensures that financial professionals have the necessary resources to thrive in an ever-evolving marketplace.
Frequently Asked Questions
1. Who are the founders of Chloey Wealth?
The founders, Jenna Vitosh and Natalia Paige, are experienced financial advisors dedicated to providing personalized financial guidance.
2. What approach does Chloey Wealth take towards financial planning?
Chloey Wealth adopts a holistic approach, focusing on building trust and addressing the psychological aspects of financial discussions.
3. Why did Jenna Vitosh and Natalia Paige choose to partner with LPL Financial?
They were attracted to the autonomy, resources, and support that LPL Financial offers for their independent practice.
4. What types of clients does Chloey Wealth serve?
Chloey Wealth primarily focuses on young families and pre-retirees, helping them navigate their unique financial challenges.
5. How does LPL Financial support its advisors?
LPL Financial provides various tools, resources, and models to help advisors build and grow their practices effectively.
