About Us

Carpion Private Wealth was founded on the principles of “Doing the right things, the right way.” and with personal commitments to helping individuals and their families simplify the complexities of their financial lives. We are an independent firm, meaning we do not report to a corporate headquarters whose agenda puts shareholders ahead of clients. Our independence gives us the freedom and flexibility to tailor our recommendations by accessing unlimited Family Office Advisory solutions from industry-leading sources, including banking, lending, investments, financial planning, business planning, tax planning and estate planning.

First and foremost, you will continue to benefit from our systematic process and highly personalized approach to developing a financial plan and investment strategy to help you secure your financial well-being and build your legacy.

Access to a Broader Thought Leadership Environment: Because we’re independent and own our own firm, we are not limited to offering thought leadership and advice from just one institution. We can now access best-in-class research and advice from a wide variety of financial partners to meet your family’s ever-changing needs.

Robust Planning Solutions: We will use advanced planning software from eMoney, a new opportunity for many of our clients. This tool has robust capabilities that will allow you, and our team, to view, in real time, your complete financial picture, including assets held at other firms.

●  eMoney has a secure, user-friendly “Vault” which enables you to store important documents electronically and safely; this might include copies of trusts, wills, tax filings, insurance documents, titles, etc. You will be able to choose to share the uploaded documents with our team, in cases where it is helpful for us to have access to them. This vault is confidential unless you elect to share individual documents with our team or even other professionals as needed.

Exceptional Client Service: We will continue to act as a fiduciary, with your best interests as our only agenda. We are free to focus exclusively on addressing your individual service needs.

 

Your day-to-day experience with us will not change. Your account holdings and fees will remain unchanged. However, an important decision underlying the launch of Carpion Private Wealth is our selection of BNY Mellon | Pershing as our custodian. Pershing is one of the largest and most trusted custodian firms in the country, and we chose them for their technology and service capabilities. The transfer of your accounts to Pershing will not create a taxable event.

While we would have enjoyed the opportunity to share our plans with you in advance, legal considerations and contractual restrictions prevented us from doing so. We are committed to respecting and abiding by those covenants as investment professionals, even though it was personally challenging to not have the ability to speak with you beforehand. We hope you can appreciate the situation we were in.

Founded in 2018, Sanctuary Wealth is today the platform of choice for more than 75 independent advisory firms like Carpion Private Wealth. We are able to leverage the technology, tools, and standardized processes available through Sanctuary that help maximize scalability and manage risk so that we can reinvest time where it matters most—with clients like you. By partnering with Sanctuary, we can deliver operational excellence, maintain a strong culture of compliance, and offer a robust cybersecurity program, which will safeguard the information clients entrust to our guidance. Sanctuary also empowers its partner firms with access to a vibrant community of like-minded, elite independent financial advisors. The advisors in this peer group share best practices and we can tap into our community’s intellectual capital to deliver more specialized expertise – and investment opportunities – to the clients of Carpion Private Wealth.

The safety and security of your assets is of critical importance to us. With that in mind, and after a rigorous due diligence process, we selected BNY Mellon | Pershing as our custodian, based on their technology, and service capabilities. Serving more than seven million investor accounts worldwide, Pershing is owned by BNY Mellon, which is the longest standing operating bank in the U.S., surpassing 235 years. With over $47 trillion in assets under custody and/or administration, BNY Mellon is the largest custodian in the world by a significant margin.

The core strategies we use to manage your assets will not change, and of course, our investment management solutions are always specifically tailored to your risk parameters, timeline, and long-term objectives. What will improve, however, are certain capabilities, including our enhanced interactive financial planning, as well as broader access to more thought leadership, as described in Question 1.

There is no need to move your banking accounts as part of this transition. As an independent team, we now have the ability to go out in the marketplace on your behalf to identify comparable or better options than your current situation if needed. We can advise you on what is the best banking relationship solution specifically for your needs – whether with a local, regional or national bank.

Once you sign the account opening and transfer documents found in the Welcome Packet we send, we will submit a request to our prior firm to begin the transfer process. The transfer process usually takes 5 to 10 business days to complete, once submitted to the prior firm. We will monitor your accounts daily for progress and confirm once all assets have transitioned and are posted to your account at Carpion Private Wealth. Once your accounts have transferred, we will work with you to continue any recurring payments.

You will be able to view your assets by utilizing the Client Login section of our new website. Once you log in, you will have the same type of access to all of your accounts and the ability to utilize services as you have been accustomed to. You can also install the Pershing app on your phone to view your assets, view activity in your accounts, and perform services such as depositing checks into your accounts.

We have two offices in Texas:

1560 E. Southlake Blvd, Suite 100
Southlake, TX 76092

(817) 809-8991

10 Desta Drive Suite 184W
Midland, TX 79705

(432) 253-0700

The total process of transitioning your accounts to our new firm will take approximately two weeks from the date you return our Welcome Packet transition paperwork to our team, and we will do everything we can to ensure the transition is a positive experience.
We are grateful for the opportunity to continue to serve your relationship with us, enhancing our personal, proven commitment to your individual needs with the newly available benefits of our independent firm.