Market Analysis: Bull Market or Dead Cat Bounce?September 8, 2010
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SEPTEMBER 20, 2010
FOR IMMEDIATE RELEASE
Indie Asset Partners, LLC (“IAP”), a recently formed wealth and asset management company located in Indianapolis, announced today its combination with Chamberlain Wealth Management. Chamberlain is owned and managed by Grady Gaynor, who was named President and Chief Executive Officer of IAP. Mr. Gaynor is also a partner in IAP.
Mr. Gaynor has been active in the wealth management business for over fifteen years. He has a diverse client base located in over ten states. Commenting on his combination with IAP, he stated, “In this environment of high market volatility and challenging returns, I am excited to have the additional expertise and capital of IAP to benefit our clients everywhere. It is my goal to help IAP become a national presence through its core Midwestern values and consistent returns.”
Other principals in IAP include Jay Brammer and Joe LaMagna. Mr. Brammer is most recognized for his participation in the cemetery and funeral home industry, having built Gibraltar Mausoleum Corp. into one of the industry leaders before selling it to Service Corp. International in 1995. Since then, he has contributed his time and resources to a variety of business and philanthropic activities in Indianapolis. He recently re-entered the cemetery management industry through his founding of Gibraltar Remembrance in 2008.
Mr. LaMagna was most recently a partner of Mr. Brammer in a coding and billing company serving emergency medicine providers. They grew and managed Summit Health Care Services to having over 200 employees and serving clients in 15 states, before selling it for approximately $15 million.
Mr. Brammer, the Chairman of IAP, stated, “Through excellent service and hard work, [Gaynor] has accomplished a great deal for his clients and his company. Since building world class companies begins with people, we now have the team to establish IAP as an advisory firm with a national reputation for excellence.”
For more information regarding Indie Asset Partners, please contact Joe LaMagna at 317/428-6600.