Monument Wealth Management, a boutique independent wealth management firm that offers unbiased financial planning, investment advice and asset management to high-net-worth clients in the greater D.C. area, launched in Alexandria this week.

Only the extreme wealthy should apply. The Monument Wealth Management team has attracted about 150 private clients in the U.S. in excess of $230 million in assets.

Based in Old Town, the Monument Wealth Management team brings about fifty years of combined financial markets, money management and financial planning experience to this new enterprise. The founding partners of Monument’s Alexandria office are David B. Armstrong: CFA, Managing Director; Dean Catino: CFP, CRPC, Managing Director; Timothy Lee: CFP, Managing Director, and Timothy MicKey: CFP, Managing Director.

“We are extremely pleased that this established and well-respected team chose to contribute their talent and integrity to the LPL Financial family,” Bill Dwyer, President of LPL Financial Independent Advisor Services said in a statement. “The Monument Wealth Management team brings the highest standards of excellence and accountability to financial planning and advisory in the Washington, D.C. area.”

The Monument team was most recently with Merrill Lynch on K Street  in the District where they served as advisors, financial planners and portfolio managers to high-net worth clients and their families, corporate executives of both publically traded and privately held companies, as well as small business owners.

“We are thrilled to be launching Monument Wealth Management,” said David B. Armstrong, CFA and managing director. “We look forward to continuing our long-standing relationships with current clients and getting to know new clients all of whom demand the highest standards of personalized client service, financial planning advice, portfolio construction and management, and accountability for investment success.”