Lau Financial Group Launches With Support of LPL Strategic Wealth Services

Gordon B. Johnson

CHARLOTTE, N.C., Jan. 13, 2022 (Globe NEWSWIRE) — LPL Economical LLC currently introduced that fiscal advisor Hugh Lau, CIMA® has launched a new impartial observe, Lau Economical Group, by way of affiliation with LPL Strategic Wealth Expert services, which is designed to assist the unique requires of breakaway advisors. Lau noted to LPL that he serves somewhere around $750 million in advisory, brokerage and retirement system belongings.* He joins LPL from D.A. Davidson.

The Lau spouse and children has deep roots in their local community, with a wealthy background of entrepreneurship that dates back to the 1860s when H.P. Lau emigrated to The united states and founded a grocery company in the heart of Lincoln, Neb. For five generations, the relatives has held a existence in the neighborhood, with Hugh Lau starting his economic companies profession in 2000.

With support from Branch Functions Supervisor JoAnn Kreitman, LPL registered assistant, Lau’s purpose is to offer customers with personalized expenditure tactics developed to assist them mature and preserve extended-term prosperity. “Our practice was produced with the mission of aiding clientele with creating multi-generational prosperity for their kids and grandchildren,” Lau stated. “We dwell by the motto, ‘Take care of the client and the relaxation will just take care of alone.’ Every little thing we do is to enable our shoppers come to feel much more safe, tranquil, self-confident and comfy with their monetary condition. We connect with them regularly, teach them and stick to through.”

Video clip: Meet the Lau Money Team

Searching for more autonomy and solutions, Lau and Kreitman made a decision it was time to come across a new independent partner—one that would provide them with integrated know-how, backed by scale, and that could assist them offer customers with differentiated activities. They reported LPL stood out since of its Strategic Wealth Companies providing. “We’re a compact crew of two, so we desired the extra layer of assistance from LPL Strategic Prosperity Expert services. This offers us incredibly sturdy assistance, but the flexibility to construct the practice on our own terms,” Kreitman mentioned.

Committed aid from LPL Strategic Wealth Services
In addition to leveraging LPL’s built-in wealth management platform and refined sources desired to run a flourishing exercise, the LPL Strategic Prosperity Products and services design delivers ongoing, personalised guidance for each day functions and prolonged-phrase small business management. Early in the journey, Strategic Prosperity Companies bridges the transition to independence by supplying the team with committed support and services to start their apply, which include actual estate create out, model growth, technology set up and HR guidance. As soon as the changeover is complete, the benefit shifts to the ongoing strategic, administrative, internet marketing and CFO assistance that makes it possible for advisors to remain concentrated on the enduring requires of their consumers, society and evolution of their follow.

Equipped with a turnkey design and a committed operational guidance team, Lau believes LPL’s dimension and scale will boost the team’s price proposition and help them catch the attention of new advisors and grow their shopper base. “We’re enthusiastic to be in a position to current market our new brand name and advertise ourselves in the community,” Lau reported. “Thanks to LPL’s substantial infrastructure, I’m self-confident in our capability to improve our enterprise and assistance family members – in Lincoln and beyond – perform toward their economical ambitions.”

Outside of function, Lau and Kreitman are actively involved in their neighborhood. Lau volunteers for Lighthouse and various community jobs. He is also a earlier board member of Tabitha Basis and the Madonna Basis. Kreitman is earlier chair of the Stransky Concert Collection and volunteers for the neighborhood radio station KZUM, Lighthouse and the People’s Town Mission.

Scott Posner, LPL government vice president, Business enterprise Enhancement, reported, “We’re thrilled to have Hugh and JoAnn sign up for the LPL local community and are encouraged by their passion and push to construct multi-generational prosperity among families. We are honored they acknowledged that we have the security to provide as a extended-expression companion to their firm and their clientele. At LPL, we are deeply dedicated to our advisors’ achievements and will keep on to spend in abilities built to aid them thrive. We look forward to supporting the Lau Economic Group with a focused team that makes it possible for them to emphasis totally on serving their shoppers. From preliminary launch to ongoing functions, we’re energized to start out this journey and are optimistic for what the long run retains.”

Extra on Lau Money Team.

Advisors, come across an LPL small business advancement representative near you.

About LPL Economical:
LPL Monetary (Nasdaq: LPLA) was founded on the basic principle that the firm really should do the job for the advisor, and not the other way around. Right now, LPL is a chief** in the marketplaces we provide, supporting extra than 19,000 economic advisors, 800 institution-primarily based financial investment plans and 450 unbiased RIA corporations nationwide. We are steadfast in our motivation to the advisor-centered model and the belief that Individuals are worthy of access to customized assistance from a monetary advisor. At LPL, independence indicates that advisors have the freedom they ought to have to pick the small business design, products and services, and technologies resources that allow for them to run their great exercise. And they have the liberty to handle their customer interactions, since they know their clientele very best. Basically set, we get care of our advisors, so they can get treatment of their customers.

* Worth approximated centered on asset and keeping aspects provided to LPL from the year 2021

** Top rated RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Impartial Broker-Dealer in the U.S (Dependent on overall revenues, Economic Preparing journal 1996-2021) No. 1 company of 3rd-bash brokerage companies to banking institutions and credit unions (2020-2021 Kehrer Bielan Analysis & Consulting Once-a-year TPM Report) Fortune 500 Organization as of June 2021

Securities and advisory services available by LPL Fiscal LLC, an SEC-registered broker-seller and expenditure advisor. Member FINRA/SIPC. 

During this conversation, the phrases “financial advisors” and “advisors” are applied to refer to registered associates and/or investment decision advisor reps affiliated with LPL Fiscal LLC. We routinely disclose data that may perhaps be vital to shareholders in the “Investor Relations” or “Press Releases” portion of our web page.

Lau Money Team and LPL Money are separate entities.

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Media Get in touch with:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]

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