Dominion Wealth Management LLC has become an independent Registered Investment Advisor (RIA), the firm announced in early July.
 
“With this launch, Dominion aims to create a one-of-a-kind wealth management experience by providing unbiased financial advice, cutting-edge technology, and the widest range of investment options available to their clients,” officials stated in a news release, adding that the new designation will allow Dominion to provide “truly unbiased financial advice without the restrictions, sales quotas, and pressures placed on advisors by large, overseeing wirehouse (multi-branch national brokerage) firms.”
 
Dominion will also launch a new technology suite that allows clients to view their financial plan, investment and bank accounts, and debt balances all from their phone, the release stated. It will also expand its investment offerings to include unlisted securities, exclusive private placement and hedge fund offerings and cryptocurrency.
 
The firm was founded in 2009 in Whiteville but recently added a Wilmington location and hired Webster Burrier as director of wealth management. It is designed to serve as an alternative to the traditional, single-adviser financial services model by working as a team with specializations in wealth management, accounting and estate planning, according to the release.
 
“This is a huge step for us as a firm,” Dominion founder and principal Alan Thompson said in the release. “Serving my clients and fellow community members has always been at the heart of my practice and I am extremely excited to continue to fulfill that mission.”