Financial Advisory Team With $350 Million in Client Assets Under Management Launches Independent Firm "Wealth Advisors of Tampa Bay"

TAMPA, Fla., April 18, 2012 /PRNewswire/ -- Tampa Bay is now home to a new advisory firm, Wealth Advisors of Tampa Bay, launched by the former leadership of Florida Investment Advisors, an affiliate of The Bank of Tampa. Structured upon the proven-successful hybrid Registered Investment Advisor (RIA) model, this new firm will be better positioned to serve Tampa Bay's working professionals and retirement-minded families and their investment, retirement and insurance needs in an open, client focused environment.

Wealth Advisors of Tampa Bay, who have more than 100 years of collective financial industry experience, are confident about the mutual benefits and new realm of possibilities the move will allow for advisors and clients alike. Wealth Advisors of Tampa Bay's move contributes to the rising trend of top financial advisory firms seeking independence.

Fenn Giles, MBA, BBA, CIMA, President and Partner of Wealth Advisors of Tampa Bay said, "The independent model represents freedom not only for us as wealth managers, but more importantly, for our clients. 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."

Roger Martin, BBA, CFP® also joins the firm as Senior Portfolio Manager and Partner. "Wealth Advisors of Tampa Bay is extremely excited to begin offering our expertise to the greater Tampa Bay area. We are confident that our products and services will further enhance the stability and growth of our clients' needs," said Martin.

Lori Nadglowski, MBA, BA, Chief Operating Officer and Partner of Wealth Advisors of Tampa Bay is equally encouraged by the benefits of the transition. "Though our clients have always been our sole priority, we have now created a platform where their voices are louder and we have the flexibility to meet those personal requests. We can hone in on individual concerns and offer certainty through informed answers that are quick, yet reliable," she says. "Our core values haven't changed, but the pool of solutions we can present has widened significantly."

Wealth Advisors of Tampa Bay maintains a direct affiliation with LPL Financial (Nasdaq: LPLA), the nation's largest independent broker-dealer*. Through the Hybrid RIA model, the team's experience and expertise unites with LPL Financial's industry-leading support to set Wealth Advisors of Tampa Bay apart as an elite wealth management firm both locally and nationally.

About Wealth Advisors of Tampa Bay
Wealth Advisors of Tampa Bay is a privately owned, independent wealth advisory firm located in Tampa, Florida. Wealth Advisors of Tampa Bay follows an investment philosophy that relies upon understanding the unique set of circumstances clients face and creating a well-informed individualized investment strategy to address those short-term and long-term objectives. As independent representatives of LPL Financial, Wealth Advisors of Tampa Bay offer Tampa Bay's working professionals and retirement-minded families financial guidance through non-proprietary products and services that include investment advisor services, insurance products, retirement planning, brokerage services, in-house portfolio management and institutional services. For more information, please visit www.wealthadvtb.com.

*Based on total revenues, Financial Planning magazine, June 1996-2011.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Wealth Advisors of Tampa Bay, a Registered Investment Advisor and separate entity from LPL Financial.

SOURCE LPL Financial; Wealth Advisors of Tampa Bay