US Wealth
Management, a network of wealth managers, has recruited two new independent
financial advisory practices to its platform, including Equity Planning and a
team of two advisors based in Lehigh
Valley, Pennsylvania.

The addition brings the firm’s total recruited advisory and
brokerage client assets to more than $600 million.

USWM, which began the year with approximately $350 million
of recruited advisory and brokerage client assets, expects to exceed $1 billion
in total recruited advisory and brokerage client assets by this time next year.
(Advisory assets are held by US Financial Advisors, the SEC-registered
independent RIA firm of US Wealth Management.)

Founded in 1963 and headquartered in Bethesda, Maryland,
Equity Planning is led by veteran wealth manager Marc Schliefer, and advises on
approximately $250 million in advisory and brokerage client assets. The
practice offers fee and commission-based services to a diverse client base
spanning multiple industries, and encompasses eight staff members in total.

The advisory team in Lehigh
Valley, Pennsylvania
is led by advisors Benjamin Haas and Christopher Sabosik. Haas and Sabosik
specialize in providing customized, in-depth financial planning and wealth
management solutions to retirees, pre-retirees and other individual investors
in Pennsylvania and nationwide. The team offers both fee and commission-based
services, and advises on approximately $60 million in combined advisory and
brokerage client assets.

Haas and Sabosik’s practice will operate under the US
Wealth Management brand.

Equity Planning and the Lehigh Valley
team will utilize LPL Financial, the broker-dealer for US Wealth Management for
all commission-based securities activities. For all fee-based activities, both
teams will work under U.S. Financial Advisors.

LPL Financial provided onsite transition assistance to both
advisory teams. Most of the two teams’ RIA assets will be custodied with LPL
Financial, although USWM maintains partnerships with major custodians
throughout the financial services industry.