Former Wall Street Financial Advisor Launches Celestial Wealth Management

New Baltimore Based Firm Created to Address the Need for Independent, Unbiased,
Comprehensive Wealth Management Solutions for Investors.
BALTIMORE--(Business Wire)--
Celestial Wealth Management was established last month by Colin Exelby, a former
Wall Street financial advisor. "By managing risk prudently through tactical
asset allocation and hedging strategies, we strive to help clients withstand the
fluctuations of world markets, build wealth and protect their capital," said
Colin Exelby, President of Celestial Wealth Management.

After 9 years with Wall Street investment bank Morgan Stanley advising
individuals and institutions, Mr. Exelby moved on to provide customized
solutions as an independent advisor.Mr. Exelby is affiliated with LPL Financial,
who will provide custody and clearing services for clients.LPL Financial is the
nation`s largest independent broker-dealer based on total revenues, as reported
in Financial Planning magazine, June 1996-2009.

The proportion of wirehouse advisors moving to independent brokers and RIAs, as
well as to regionals and institutional firms, has risen, according to data from
Cerulli Associates in July 2009. Indeed, wirehouses lost approximately $1.5
trillion worth of market share last year. The four big Wall Street firms
controlled 47.7 percent of advisor managed assets in 2008, down from 48.5
percent in 2007. Meanwhile, market share for independent firms grew to 32.8
percent in 2008 from 31.6 percent in 2007.

"There are many investors who agonize over every decision, worrying about how it
will affect their investments.Studies by Ibbotson Associates show as much as 85
percent of investment returns are the result of asset class allocations and only
15 percent come from actually picking the investment within the asset
class.Getting the big picture right is crucial," said Mr. Exelby.

About Celestial Wealth Management

Celestial Wealth Management was created in 2009 to address the need for
independent, unbiased, comprehensive wealth management solutions for
investors.The absence of conflicts of interest allows clients to know their
interests are first.Celestial Wealth Management is located in the prestigious
World Trade Center tower in downtown Baltimore.Our clearing and custodian
services are provided by LPL Financial.LPL serves over 12,000 independent
advisors worldwide. Asset allocation does not ensure a profit or protect against
a loss.

For additional information, please visit www.celestialwealthmanagement.com.

Celestial Wealth Management
Colin Exelby, 443-438-7211
info@celestialwealthmanagement.com
www.celestialwealthmanagement.com.

Copyright Business Wire 2009