Indianapolis Tax-Focused Firm Launches RIA With Dynasty

Core Viewpoint - Storen Financial has launched a new registered investment advisor (RIA) named Storen Legacy Partners, set to begin operations on January 1, 2026, with support from Dynasty Financial Partners [1][2]. Group 1: Company Background - Storen Financial, based in Zionsville, Indiana, manages $500 million in assets and was founded in 1966 as a tax preparation firm by Pat Storen [1][5]. - The firm currently prepares over 5,000 tax returns and serves clients across 43 states [5]. - The leadership team includes Greg and Kim Storen, who took over the business in 2009 after Pat Storen's retirement [5]. Group 2: New RIA Details - The new RIA, Storen Legacy Partners, will utilize Dynasty for operational and back-office support, as well as investment management capabilities [4]. - Charles Schwab has been selected for custody services, allowing access to a suite of institutional-quality services [4]. - Greg Storen expressed excitement about implementing new technologies and investment models to enhance client communication [3]. Group 3: Previous Affiliations - Prior to launching the new RIA, Storen Financial was affiliated with LPL Financial and Brass Tax Wealth Management, which was recently acquired by Waverly Advisors [2]. - It remains unclear if Storen Legacy Partners will maintain any ties to LPL Financial [3]. Group 4: Team Composition - The Storen team comprises 38 staff members, including five financial advisors and eight tax accountants [5].