CHARLOTTE, N.C., Sept. 29, 2021 (Globe NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) introduced right now that the group at 1st Legacy Prosperity Management has joined LPL Financial’s broker-vendor, company registered financial commitment advisor (RIA) and custodial platforms, aligned with massive organization JFC Advisor Network. The group reported serving around $four hundred million in advisory, brokerage and retirement property*. They join LPL from Avantax Financial investment Solutions, portion of Blucora.
With offices in San Angelo and Huge Spring, Texas, 1st Legacy Prosperity Management, with around 75 a long time of combined knowledge, is a tax-based practice that strives to provide shoppers with individually personalized economic tips targeted on tax implications and lengthy-time period aims. Positioning by themselves with CPAs, the group specializes in retirement property, prosperity development and legacy arranging. “Our precedence is offering a personalised knowledge for our shoppers and currently being a group they can often phone on,” reported economic advisor Dennis Reed, CPA. “We enjoy helping our shoppers incorporate charitable providing in their economic ideas, and we also function with community charities to support them continue on to serve our neighborhood.”
Reed is joined at 1st Legacy by fellow advisors Lance Modawell, AAMS and Steve Stone, CPA, CFP®. They are supported by a few entire-time assistants, including Reed’s son, Walter Reed, who is performing toward an advisor part with ideas to eventually extend the practice to Houston. Collectively, they are a near-knit group with extensive business knowledge.
Why LPL is their picked out house
As the practice continues to improve, the 1st Legacy group decided to discover a new prosperity management spouse to provide them with differentiated customer experiences and a lot more versatility in how they operate their business enterprise. “When we understood LPL’s customer-oriented business enterprise design aligned with ours, the option to transfer was an quick 1,” Reed reported. “We will be backed by the firm’s dependable and unwavering support that emboldens us to dictate our business enterprise design, more acquire our practice and bolster our customer interactions. We are energized about the assortment of alternatives and the consumer-helpful interface that LPL’s platforms have to give. Our shoppers can count on a a lot more personalised and seamless on the net knowledge, combined with our diligent support solutions.”
Jack Connealy, founder of JFC Advisor Network, said, “JFC Advisor Network is thrilled to welcome 1st Legacy to our expanding community of economic industry experts. At JFC, we are devoted to furthering the success of our advisors and elevating their techniques, and we are honored to be entrusted with this mission by 1st Legacy. We search forward to supporting Dennis, Lance, Steve and the whole 1st Legacy group.”
Scott Posner, LPL government vice president, Company Growth, said, “We welcome to Dennis, Steve and Lance to the LPL neighborhood and congratulate JFC for expanding its community of quality advisors. At LPL, we aim to redefine independence in our business and concentration on 1 central reason to serve our advisors. Our abilities and sources are thoughtfully developed to enable advisors operate their practice successfully though expending a lot more time with their shoppers. We are continuously innovating our technology and affiliation styles, so our advisors can build their fantastic practice and increase previously mentioned the competitors. We search forward to supporting 1st Legacy Prosperity Management in a lengthy-long lasting partnership and helping their business enterprise prosper.”
Examine about other companies that just lately joined LPL in the LPL Financial Information and Media segment of LPL.com.
Advisors, discover an LPL business enterprise growth representative near you.
About LPL Financial
LPL Financial (Nasdaq: LPLA) was established on the principle that the organization should function for the advisor, and not the other way around. Currently, LPL is a chief** in the marketplaces we serve, supporting a lot more than 19,000 economic advisors, 800 institution-based financial commitment plans and 450 independent RIA companies nationwide. We are steadfast in our motivation to the advisor-centered design and the perception that Us citizens are entitled to access to goal steering from a economic advisor. At LPL, independence means that advisors have the flexibility they are entitled to to pick the business enterprise design, solutions, and technology sources that let them to run their fantastic practice. And they have the flexibility to take care of their customer interactions, due to the fact they know their shoppers greatest. Only place, we get treatment of our advisors, so they can get treatment of their shoppers.
** Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Independent Broker-Supplier in the U.S. (Based mostly on overall revenues, Financial Arranging journal June 1996-2020) No. 1 provider of third-occasion brokerage solutions to financial institutions and credit unions (2020-2021 Kehrer Bielan Exploration & Consulting Annual TPM Report) Fortune five hundred as of June 2021
*Based mostly on prior business enterprise and signifies property that would have been custodied at LPL Financial, relatively than third-occasion custodians. Documented property and customer figures have not been independently and completely confirmed by LPL Financial.
Securities and advisory solutions supplied via LPL Financial LLC, an SEC-registered broker-vendor and financial commitment advisor. Member FINRA/ SIPC
Through this conversation, the terms “financial advisors” and “advisors” are employed to refer to registered representatives and/or financial commitment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may well be critical to shareholders in the “Investor Relations” or “Press Releases” segment of our web page.
1st Legacy Prosperity Management LLC, JFC Advisor Network and LPL Financial are separate entities.
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