Nationally-Ranked Financial Advisory Team Launches quot;;Capstone Affluent Strategiesquot;;

NEWPORT BEACH, Calif., Oct. 17, 2012 /PRNewswire/ -- A team of six top financial advisors has left a national financial services company to form Capstone Affluent Strategies, an independent wealth management firm headquartered in Newport Beach, California. This transition to an independent business model will create an environment where the advisors will be equipped to serve their clients transparently and objectively. Capstone Affluent Strategies also has nine additional branch office locations in Newport Beach, Los Angeles, San Francisco, Phoenix, Dallas, Houston, New Orleans, Parsippany, and New York.

The team of top performing national advisors has over 80 years of collective advisory experience and plans to maintain nearly $450 million in client assets. Capstone Affluent Strategies is spearheaded by Darin Pastor , who has led numerous advisory teams as Managing Director at Prudential and as Senior Investment Manager at JP Morgan Chase & Co., where he was ranked as the top-producing Senior Investment Manager in the nation[1].

"Our team of highly qualified advisors is excited about the move to independence and what it means for our performance," said Pastor. "We are all confident that this migration will enhance the services and strategies we provide to our high net-worth clients."

As part of this move, Capstone Affluent Strategies is affiliating with the broker-dealer and RIA platforms of LPL Financial (Nasdaq: [ LPLA ]), the nation's largest independent broker-dealer*, a relationship which is expected to broaden both the client and advisor experience for Capstone Affluent Strategies. This partnership will provide Capstone Affluent Strategies access to additional resources and strategies that will allow the advisors to do what is most important to them—acting in the best interest of the client.

Bill Morrissey , Executive Vice President of Business Development at LPL Financial, said, "It is with great pleasure that we welcome Capstone Affluent Strategies to LPL Financial. Darin and the members of Capstone Affluent Strategies have been widely recognized throughout the industry over the years for a commitment to client service, and an ability to develop innovative wealth management solutions. We believe their decision to partner with LPL Financial will further empower their ability to provide comprehensive support and services to their clients, and support their team even as they embark upon a new stage of growth and development for their business."

Through the independent financial advisory business model, the team's experience and expertise unites with LPL Financial's industry-leading support, setting Capstone Affluent Strategies apart as an elite national wealth management firm. Capstone Affluent Strategies also plans to bring on 15 additional advisors to the firm within the next two months.

About Capstone Affluent Strategies

Capstone Affluent Strategies is an independent wealth management firm headquartered in Newport Beach, California. Founded upon the goal to create a company that truly acts in the best interest of the client, Capstone advisors are not commission-based, tied to quotas, or responsible for pushing proprietary products. The firm is spearheaded by Darin Pastor , a nationally ranked investment manager who has led numerous top advisory teams. Capstone's senior members have more than 80 years of collective experience serving prominent executives, entrepreneurs and affluent families across the nation, with a large presence in California, New York, Texas and Arizona. Capstone is committed to managed money, high net worth needs, and estate planning not only to protect the wealth, but to create the estate. Capstone Affluent Strategies currently manage nearly $450 million in client assets through LPL Financial. For more information, please visit [ www.capstoneaffluentstrategies.com ] .

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Capstone Affluent Strategies, a Registered Investment Advisor and separate entity from LPL Financial.

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: [ LPLA ]), is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2012), a top RIA custodian, and a leading independent consultant to retirement plans. LPL Financial offers integrated technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to over 13,100 financial advisors and approximately 685 financial institutions. In addition, LPL Financial supports over 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have approximately 2,900 employees with headquarters in Boston, Charlotte, and San Diego. For more information, please visit [ www.lpl.com ].

*Based on total revenues, Financial Planning magazine, June 1996-2012

[1] 2009 and 2010 at JP Morgan Chase & Co., 2012 at Prudential

SOURCE LPL Financial; Capstone Affluent Strategies

Contributing Sources

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Nationally-Ranked Financial Advisory Team Launches quot;;Capstone Affluent Strategiesquot;;