Counterweight Private Wealth Launches Wealth Management Practice in Raleigh, North Carolina

Former RBC Wealth Management advisor opens new practice with support from TruClarity Wealth Advisors
Published: Oct. 5, 2021 at 4:00 AM AKDT

RALEIGH, N.C., Oct. 5, 2021 /PRNewswire/ -- Counterweight Private Wealth, based in Raleigh, N.C., announces the successful launch of its wealth management practice with the support of TruClarity Wealth Advisors' RIA platform. Counterweight was founded to help their clients define the ultimate mission for their wealth, then execute balanced, collaborative, and purposeful wealth solutions.

Nick Murphy, CFP®, will lead the firm as Managing Director. Prior to creating Counterweight, Murphy managed $178 million in client assets at RBC Wealth Management. Working closely alongside Murphy will be Carroll Davis, former Client Associate at RBC, who will be joining the firm as Director of Client Services.

"The positive impact we can make on people's lives has always been our unwavering passion.  Establishing an independent firm enables us to exclusively focus on our clients to deliver objective advice through world class capabilities and leading-edge digital solutions. The outcome is the embodiment of a true partnership – helping to connect their wealth to a broader and meaningful purpose," said Murphy. "TruClarity has been incredible throughout our road to independence, and we couldn't have chosen a better group of experts to guide us through this process."

Counterweight Private Wealth was created to support clients in pursuing their purpose. Whatever stage of life you are in or turn you take, this team serves as your counterweight, unburdening your load by establishing financial stability so that you can focus on making the best life choices.

"Nick and Carroll are an amazing team. They embody the meaning of being true fiduciaries, and are laser focused on the client experience," said Pamela Stross, President of TCWP LLC and TruClarity Management Solutions. "Many years of success are ahead for Counterweight Private Wealth. We are so fortunate to be a part of their journey."

TruClarity Wealth Advisors provides proven solutions to ease the transition to independence. Advisors are guided through the process to ensure a successful launch and are provided with the resources and structures they need to support themselves.

For media inquiries, please contact Lauryn Bayley at (866) 225-0920 ext.  106 or

About TruClarity Wealth Advisors:
TruClarity Wealth Advisors supports advisors in building their own brand and business and assists them in the journey towards autonomy and unlocking their full potential as independent advisors.

Investment advisory services are offered through TCWP LLC a registered investment adviser with its principal place of business in Tampa, Florida. Counterweight Private Wealth is a DBA of TCWP LLC and is located in Raleigh, North Carolina. Advisory services are only offered to clients or prospective clients where Counterweight Private Wealth and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Counterweight Private Wealth unless a client service agreement is in place.  

Lauryn Bayley
(866) 225-0920 ext. 106

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SOURCE TruClarity Wealth Advisors

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