WALTHAM, Mass.--(BUSINESS WIRE)--Commonwealth Financial Network®, the nation’s largest privately held Registered Investment Adviser–independent broker/dealer, announces the addition of Spring Ridge Financial Group of Wyomissing, Pennsylvania, to its network of independent financial advisors. Formerly affiliated with National Planning Corporation (NPC), partners Virgil Kahl and Merrill Wixon—along with their team—bring with them more than $650 million in assets under management.
Spring Ridge is a full-service independent financial advisory firm that specializes in providing customized investment management and retirement planning services for individuals and businesses. The firm prides itself on its relationship-centric approach to offering clients comprehensive, long-term financial planning solutions. For more information, go to www.springridgefg.com.
Virgil Kahl had the second-largest individual practice at NPC and was number one in production among female advisors at National Planning Holdings, NPC’s parent company. Kahl’s partner, Merrill Wixon, was a top 15 OSJ at National Planning, in addition to managing his individual practice.
Prior to selecting Commonwealth, Kahl performed extensive due diligence of several other independent firms. Kahl mentioned, “Whereas some firms focus on leveraging their scale, Commonwealth has done a great job of only accepting advisors into its network who share the same values. From the very beginning of this process, Commonwealth was the most direct and transparent in responding to our inquiries. That built a foundation of trust that is irreplaceable in today’s ever-changing landscape of investment management.”
“Finding a partner that puts relationships first, through personalized service, was a priority for us,” said Kahl. “Commonwealth shares a like-minded philosophy and delivers the kind of infrastructure and support that enables us to deepen the relationships we foster with our clients.”
“Virgil Kahl and her company, Spring Ridge Financial Group, are a perfect fit with Commonwealth,” said Andrew Daniels, managing principal, business development. “The firm’s values of excellence in service and care for its clients mirror ours, and we are excited to have them as part of the Commonwealth community.”
About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, is the nation's largest privately held Registered Investment Adviser–independent broker/dealer, with headquarters in Waltham, Massachusetts, and San Diego, California. The firm supports 1,710 independent financial advisors nationwide. For more information, please visit www.commonwealth.com.