CHARLOTTE, N.C., Jan. 05, 2022 (World NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) announced currently that Elite Financial Network has joined LPL Financial’s broker-vendor, company registered investment decision advisor (RIA) and custodial platforms. The substantial enterprise claimed to LPL that it served around $1 billion in advisory, brokerage and retirement plan property,* and joins LPL from Securities The usa, aspect of the Advisor Group community of broker-dealers.
Due to the fact 1992, Elite Money Network has served clientele in all features of their financial lives. Started by President and CEO Dan Cairo, the Huntington Seaside, Calif. workforce is comprised of 30 unbiased economic advisors who acquire a holistic technique to providing individualized services and proactive prosperity management. “Our purpose is to manual customers as a result of the lots of economic milestones in their life, from saving for a child’s college or university tuition to making prosperity to living in retirement,” claimed Cairo, who serves as both monetary advisor and business chief. The firm’s leadership team also includes Craig Wong, taking care of spouse, and Dan’s wife, Cindy Cairo, co-operator and CFO.
As Elite Monetary Community continues to evolve, the staff selected LPL for the up coming chapter of their organization. “LPL is a strategic lover to help us reinvent ourselves,” Cairo reported. “We take pleasure in the advisor-centric tradition under the management of Dan Arnold, and it is obvious to us that LPL deeply cares about its advisors’ results. LPL supplies us with entry to a extensive range of progressive capabilities, enterprise options and investigation to assist us present clientele with differentiated ordeals as we supply the most recent current market updates, collaborative tips and investment decision chances.”
Cairo included, “We have our eyes set on sizeable advancement and expansion around the up coming few several years, and we are confident that this new partnership will give us a aggressive edge to help appeal to like-minded advisors. LPL’s community is expansive and its transition processes are so effective for advisors who could possibly be intrigued in joining our staff. We be expecting good points in advance!”
Ken Hullings, LPL senior vice president, Enterprise Growth, claimed, “We warmly welcome Dan and the entire Elite workforce to the LPL community. We are delighted to be their husband or wife of decision as they continue to evolve their practice and supply a lot more price to clients. Our mission and sole purpose is to get care of our advisors so they can take treatment of their clientele. As a leader in the independent room, LPL is dedicated to supplying advisors with a robust digital platform together with higher-excellent, revolutionary enterprise alternatives developed to enable advisors differentiate their practice and thrive. We look forward to a very long-long lasting and productive connection with Elite Monetary Network.”
Prospective Advisors, come across an LPL business enterprise development representative near you.
About LPL Financial
LPL Economic (Nasdaq: LPLA) was launched on the theory that the business really should operate for the advisor, and not the other way about. These days, LPL is a chief** in the markets we serve, supporting extra than 19,000 monetary advisors, 800 institution-dependent expense systems and 450 unbiased RIA firms nationwide. We are steadfast in our motivation to the advisor-centered product and the perception that Us citizens have earned accessibility to personalized steering from a financial advisor. At LPL, independence suggests that advisors have the liberty they ought to have to pick out the business product, solutions, and technological know-how assets that allow for them to operate their ideal follow. And they have the freedom to handle their customer interactions, due to the fact they know their customers greatest. Simply just put, we choose treatment of our advisors, so they can get treatment of their shoppers.
** Major RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report) No. 1 Independent Broker-Seller in the U.S (Primarily based on full revenues, Economical Preparing magazine 1996-2021) No. 1 supplier of third-celebration brokerage expert services to banking companies and credit unions (2020-2021 Kehrer Bielan Analysis & Consulting Once-a-year TPM Report) Fortune 500 as of June 2021
* Price approximated centered on asset and holding aspects delivered to LPL from the year 2021
Securities and advisory expert services offered through LPL Fiscal LLC, an SEC-registered broker-dealer and financial investment advisor. Member FINRA/ SIPC
During this interaction, the terms “financial advisors” and “advisors” are employed to refer to registered reps and/or investment decision advisor associates affiliated with LPL Money LLC. We routinely disclose facts that may possibly be vital to shareholders in the “Investor Relations” or “Press Releases” area of our website.
Elite Monetary Network and LPL Economical are different entities.
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