LPL Financial Welcomes Elite Financial Network
CHARLOTTE, N.C., Jan. 05, 2022 (World NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) announced nowadays that Elite Economical Network has joined LPL Financial’s broker-seller, company registered expenditure advisor (RIA) and custodial platforms. The significant organization reported to LPL that it served roughly $one billion in advisory, brokerage and retirement prepare property,* and joins LPL from Securities America, part of the Advisor Team community of broker-sellers.
Given that 1992, Elite Economical Network has served customers in all elements of their money life. Founded by President and CEO Dan Cairo, the Huntington Beach front, Calif. staff is comprised of thirty independent money advisors who consider a holistic strategy to furnishing individualized providers and proactive wealth management. “Our intention is to guideline customers through the lots of money milestones in their life, from saving for a child’s school tuition to creating wealth to dwelling in retirement,” stated Cairo, who serves as both of those money advisor and organization leader. The firm’s management staff also consists of Craig Wong, handling partner, and Dan’s spouse, Cindy Cairo, co-proprietor and CFO.
As Elite Economical Network proceeds to evolve, the staff chose LPL for the future chapter of their business. “LPL is a strategic partner to assist us reinvent ourselves,” Cairo stated. “We take pleasure in the advisor-centric culture under the management of Dan Arnold, and it is clear to us that LPL deeply cares about its advisors’ achievements. LPL supplies us with accessibility to a large range of innovative abilities, business alternatives and investigation to assist us give customers with differentiated experiences as we deliver the most current current market updates, collaborative tips and expenditure chances.”
Cairo added, “We have our eyes established on substantial advancement and expansion above the future couple years, and we are confident that this new partnership will give us a aggressive edge to assist entice like-minded advisors. LPL’s community is expansive and its changeover procedures are so economical for advisors who could possibly be intrigued in joining our staff. We anticipate good points in advance!”
Ken Hullings, LPL senior vice president, Business Enhancement, stated, “We warmly welcome Dan and the full Elite staff to the LPL community. We are pleased to be their partner of alternative as they go on to evolve their exercise and deliver far more value to customers. Our mission and sole intent is to consider treatment of our advisors so they can consider treatment of their customers. As a leader in the independent space, LPL is fully commited to furnishing advisors with a strong electronic system alongside with large-excellent, innovative business alternatives developed to assist advisors differentiate their exercise and thrive. We glance forward to a prolonged-lasting and profitable relationship with Elite Economical Network.”
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About LPL Economical
LPL Economical (Nasdaq: LPLA) was started on the theory that the organization should get the job done for the advisor, and not the other way about. Currently, LPL is a leader** in the markets we serve, supporting far more than 19,000 money advisors, 800 establishment-based expenditure plans and 450 independent RIA firms nationwide. We are steadfast in our dedication to the advisor-centered model and the perception that People deserve accessibility to individualized steering from a money advisor. At LPL, independence implies that advisors have the flexibility they deserve to decide on the business model, providers, and engineering resources that enable them to operate their excellent exercise. And they have the flexibility to deal with their client interactions, simply because they know their customers greatest. Simply put, we consider treatment of our advisors, so they can consider treatment of their customers.
** Top rated RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. one Independent Broker-Dealer in the U.S (Based on complete revenues, Economical Preparing magazine 1996-2021) No. one supplier of third-social gathering brokerage providers to banking institutions and credit rating unions (2020-2021 Kehrer Bielan Analysis & Consulting Yearly TPM Report) Fortune five hundred as of June 2021
* Value approximated based on asset and holding aspects furnished to LPL from the yr 2021
Securities and advisory providers provided through LPL Economical LLC, an SEC-registered broker-seller and expenditure advisor. Member FINRA/ SIPC
Through this interaction, the phrases “financial advisors” and “advisors” are utilized to refer to registered reps and/or expenditure advisor reps affiliated with LPL Economical LLC. We routinely disclose information that may be crucial to shareholders in the “Investor Relations” or “Press Releases” section of our internet site.
Elite Economical Network and LPL Economical are different entities.
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