CHARLOTTE, N.C., Sept. 29, 2021 (World NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) announced today that the staff at Initially Legacy Prosperity Management has joined LPL Financial’s broker-seller, company registered expenditure advisor (RIA) and custodial platforms, aligned with huge business JFC Advisor Network. The crew claimed serving in excess of $400 million in advisory, brokerage and retirement property*. They be part of LPL from Avantax Financial investment Solutions, component of Blucora.
With workplaces in San Angelo and Massive Spring, Texas, First Legacy Prosperity Administration, with above 75 several years of put together encounter, is a tax-centered observe that strives to offer clientele with independently tailored economic suggestions focused on tax implications and lengthy-phrase objectives. Positioning on their own with CPAs, the staff specializes in retirement property, wealth progress and legacy scheduling. “Our precedence is providing a customized experience for our customers and becoming a crew they can often contact on,” mentioned economic advisor Dennis Reed, CPA. “We appreciate assisting our consumers incorporate charitable supplying in their fiscal strategies, and we also perform with general public charities to enable them go on to serve our group.”
Reed is joined at Very first Legacy by fellow advisors Lance Modawell, AAMS and Steve Stone, CPA, CFP®. They are supported by three whole-time assistants, including Reed’s son, Walter Reed, who is performing towards an advisor position with plans to sooner or later increase the exercise to Houston. With each other, they are a near-knit group with wide sector working experience.
Why LPL is their preferred home
As the observe continues to improve, the 1st Legacy workforce identified to locate a new prosperity administration lover to provide them with differentiated consumer encounters and much more overall flexibility in how they function their business enterprise. “When we realized LPL’s shopper-oriented company product aligned with ours, the selection to transfer was an simple a single,” Reed stated. “We will be backed by the firm’s trustworthy and unwavering aid that emboldens us to dictate our business design, more produce our follow and improve our consumer relationships. We are fired up about the variety of choices and the consumer-welcoming interface that LPL’s platforms have to present. Our shoppers can count on a extra personalized and seamless on line experience, put together with our diligent aid solutions.”
Jack Connealy, founder of JFC Advisor Network, stated, “JFC Advisor Network is thrilled to welcome 1st Legacy to our increasing network of financial specialists. At JFC, we are committed to furthering the good results of our advisors and elevating their methods, and we are honored to be entrusted with this mission by Very first Legacy. We look forward to supporting Dennis, Lance, Steve and the total To start with Legacy workforce.”
Scott Posner, LPL government vice president, Business Growth, mentioned, “We welcome to Dennis, Steve and Lance to the LPL group and congratulate JFC for developing its network of quality advisors. At LPL, we aim to redefine independence in our business and concentration on a single central objective to serve our advisors. Our capabilities and resources are thoughtfully made to permit advisors work their follow proficiently though spending a lot more time with their purchasers. We are frequently innovating our technologies and affiliation styles, so our advisors can build their excellent follow and increase previously mentioned the opposition. We glimpse ahead to supporting 1st Legacy Wealth Administration in a extended-lasting partnership and aiding their business enterprise prosper.”
Go through about other companies that a short while ago joined LPL in the LPL Money Information and Media part of LPL.com.
Advisors, discover an LPL business enhancement representative near you.
About LPL Financial
LPL Money (Nasdaq: LPLA) was started on the basic principle that the organization need to work for the advisor, and not the other way all-around. Nowadays, LPL is a leader** in the markets we serve, supporting more than 19,000 monetary advisors, 800 establishment-based investment decision programs and 450 unbiased RIA corporations nationwide. We are steadfast in our determination to the advisor-centered product and the belief that People in america have earned access to objective advice from a fiscal advisor. At LPL, independence implies that advisors have the liberty they deserve to pick out the organization design, providers, and technology resources that allow them to run their ideal apply. And they have the freedom to deal with their shopper interactions, for the reason that they know their clientele ideal. Only place, we just take care of our advisors, so they can acquire treatment of their purchasers.
** Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Independent Broker-Supplier in the U.S. (Centered on complete revenues, Economical Organizing magazine June 1996-2020) No. 1 service provider of 3rd-occasion brokerage solutions to banks and credit rating unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report) Fortune 500 as of June 2021
*Based on prior organization and represents property that would have been custodied at LPL Money, instead than third-occasion custodians. Reported belongings and customer numbers have not been independently and absolutely confirmed by LPL Monetary.
Securities and advisory solutions made available as a result of LPL Fiscal LLC, an SEC-registered broker-seller and expense advisor. Member FINRA/ SIPC
In the course of this communication, the terms “financial advisors” and “advisors” are applied to refer to registered representatives and/or financial investment advisor representatives affiliated with LPL Economic LLC. We routinely disclose data that may well be crucial to shareholders in the “Investor Relations” or “Press Releases” part of our web-site.
To start with Legacy Prosperity Administration LLC, JFC Advisor Network and LPL Money are independent entities.
Connect with Us!
Media Speak to: