We bring clarity to financial decision making. We do this through a consultative and comprehensive process that’s engineered to help you focus on the most important wealth-related issues and achieve your goals.
For Your Independence.
After successful careers in brokerage, we wanted to create a firm that better served the individual wealth management needs of each client. With that, Independence was born. Focused—above all—on achieving your financial goals, and loyal only to our clients, Independence is a uniquely personalized wealth management firm.
At Independence, we create plans for people.
Your Financial Plan
is One Size Fits One.
We come to you free of ulterior loyalties or preconceived solutions. Instead, we listen to what you have to say. We learn about your values, your interests, your relationships and goals—so that we can create the right plan for you.
Characteristics of People
We Enjoy Working With.
We support successful individuals in achieving peace of mind and working toward their personal financial and life goals.
Our clients have worked hard for their success, and care about protecting their legacy for their future generations.
Our clients come from a multitude of occupational backgrounds and roles, including family stewards, anesthesiologists and entrepreneurs.
Our ultimate goal is to help our clients achieve freedom from financial worry, so they can focus on the things they really love in life.
Specialty Services for Anesthesiologists
You know the value of trust. So do we.
Learn more about our specialized services for Anesthesiologists
Our Investment Philosophy is
Proven and Repeatable.
We utilize a Nobel Prize–winning approach that is crafted to optimize your investment portfolio over time. We break it down to what we call the “5 Keys to Wealth Management Success”:
Diversify to Reduce Risk
Most people understand the basic concept of “don’t put all your eggs in one basket”, but emotions can often override reason as stocks rise and fall. Truly diversified investors take a balanced approach and stick with it despite volatility in the markets.
Lower Volatility to Enhance Returns
If you have two investment portfolios with the same average or arithmetic return, it is a mathematical fact that the one with less volatility will have a higher compound return. We design your portfolio with as little volatility as necessary to achieve your goals.
Employ Asset Class Investing
An asset class is a group of investments whose risk factors and expected returns are similar. What make asset class funds attractive are their lower operating expenses; lower turnover resulting in lower costs and lower taxes; and consistently maintained market segments.
U.S. investors tend to favor stocks and bonds of U.S.-based companies, but the price movements between international and U.S. asset classes are often dissimilar, so investing in both can increase your portfolio’s diversification and lessen overall risk.
Design Efficient Portfolios
By plotting each investment combination by its given level of risk and expected return, we are able to describe mathematically a series of points, or “efficient portfolios.” This line forms the efficient frontier. Our job is to make sure that for whatever risk level you choose, you have the highest possible return on the efficient frontier to maximize profitability.
Meet Your Wealth Management Team.
We serve you with investment advisory experience of more than 100 years spread across our team of seasoned investment and financial services professionals.
Charles P. Boinske, CFA
Chas Boinske oversees Independence Advisors strategic direction and portfolio management process. He is a nationally recognized expert in the complex financial issues faced by high net worth individuals and institutions. A pioneer in the use of Monte Carlo simulations in financial planning, he has published and spoken on the topic. During his more than 30 years in the investment management industry, he has been a featured speaker at national conferences, including the J.P. Morgan Wealth Management Conference, the Financial Planning Association, and the DFA Advisors College.
Mark A. Rioboli, CFP®, CFS
Director of Wealth Management
As Director of Wealth Management, Mark applies his expertise and attention to detail to solving clients' financial puzzles. He has over 27 years of experience in the wealth management industry. Mark joined Independence Advisors in 2006. Prior to joining Independence Advisors, he held positions as Vice President and Investment Advisor, PNC Wealth Management; President and CEO of Bryn Mawr Asset Management, a subsidiary of The Bryn Mawr Trust Company; and a Manager in the Personal Financial Services Group of PricewaterhouseCoopers, LLC.
Patrick D. Runyen, CPA/PFS, CFP®
As a Wealth Manager, Pat works closely with clients to implement wealth management solutions. He leverages his technical financial planning and consulting experience to assist clients with investment counseling, retirement planning, estate planning, wealth enhancement, asset protection, tax planning, and other personally significant financial decisions.
As a Wealth Manager, Pat works closely with clients to implement wealth management solutions. He helps clients make informed, intelligent and independent decisions regarding their wealth management needs. With 6 years of financial services experience, Pat joined Independence Advisors in 2015. His experience also includes examining clients’ insurance needs and estate planning solutions.
Barbara H. Richardson, RP®
Director of Client Services & Chief Compliance Officer
As Director of Client Services, Barb leads the effort to improve the Independence Advisors client experience, taking advantage of insights from more than 25 years experience in financial services. She also serves as Chief Compliance Officer and manages the firm’s administrative activities and data communications. Barb has been with Independence Advisors since its inception. She earned her B.S. in Education from Philadelphia Biblical University. In July 2011 The College for Financial Planning® awarded Barb the RP® designation.
Elizabeth L. Gavin, RP®
Vice President, Client Relations
Beth manages client relationships in concert with the investment management team. She also implements enhancements to our financial planning process and is active in our wealth management consultative process. Beth joined us in 2007 and has over 22 years experience in the financial services industry. She earned her MBA in Finance from New York University and her undergraduate degree from the University of Michigan. In May 2011 The College for Financial Planning® awarded Beth the RP® designation.
Leslie A. Young, ChFC®
Client Relationship Manager
Leslie manages client relationships and works closely with the investment management team to provide the optimal client experience. She is also involved in preparing and analyzing client wealth plans as part of our financial planning process. She earned her B.S. in Business Administration from the University of Delaware. In April 2011, The American College of Financial Services® awarded her the Chartered Financial Consultant® (ChFC®) designation.
Tina McCullough, RP®
Senior Portfolio Administrator
Tina implements trades as directed by the investment managers and produces client reports as part of her portfolio management and client reporting systems responsibilities. Tina is also responsible for portfolio modeling and financial projections using Monte Carlo simulations, which help our clients evaluate potential outcomes of their decisions. She assists in providing client servicing and administrative support. Tina has over 14 years of experience in the financial services industry. In July 2012, she was awarded the RP® from The College for Financial Planning®.
Patricia Hetherington, RP®
Patty joined our team in October 2013, bringing with her over 18 years of cumulative experience providing academic and executive support in the medical and legal fields. A seasoned administrative and executive assistant professional, she provides active and attentive support to our management team and our clients. Through her background working in both well-known law firms and a prominent academic medical center in Philadelphia, Patty has interacted with attorneys, clients, courts, surgeons, patients and families alike, and takes the same customer-centric approach to her work here at Independence Advisors. In October 2016, Patty was awarded the RP® designation from The College for Financial Planning®.
Our differentiated wealth management process simplifies and addresses your most complex wealth-related issues. Together, we will identify your financial goals and create a plan for your future. It all starts with you.
2Investment Plan Meeting
3Mutual Commitment Meeting
445-Day Follow-Up Meeting
5Regular Progress Meeting
Initial Discovery Meeting
Your initial meeting is an interview, so we can learn what’s most important about you. We examine your current situation and your most important goals.
Investment Plan Meeting
At this meeting, you'll learn how we see your current situation and what investments we recommend to help you reach your goals. This plan forms the foundation for our work together.
Mutual Commitment Meeting
At this meeting, you decide with us whether our firm is right for you. If we both choose to work together, we commit to working together toward achieving everything that is important to you and your family. We also sign documents to put your investment plan into motion.
45-Day Follow-Up Meeting
You won't feel overwhelmed by paperwork when you work with us, even if you have multiple investment accounts. At this meeting, we help you organize all that paperwork. We also answer questions, so that you understand exactly what is happening with your money.
Regular Progress Meeting
You'll meet with us at intervals that are convenient for you. This gives us an opportunity to make adjustments based on major changes in your personal or financial situation since our previous meeting. At your first Regular Progress meeting, we'll present our firm's wealth management plan based on our earlier information-gathering. Then, together, we'll prioritize the plan topics of greatest importance to you, so we can begin to address them systematically. We also review your progress toward your long-term financial goals.
Are Successful Investors.
We help our clients maintain clarity and confidence through the noise of the marketplace. Access our resources and become an informed investor, empowered to make intelligent decisions about your money.
Click here to get in touch with the Independence Advisors team today.