CHARLOTTE, N.C., Jan. 05, 2022 (World NEWSWIRE) — LPL Monetary LLC (Nasdaq:LPLA) announced today that Elite Money Community has joined LPL Financial’s broker-dealer, corporate registered investment decision advisor (RIA) and custodial platforms. The big business noted to LPL that it served close to $1 billion in advisory, brokerage and retirement strategy assets,* and joins LPL from Securities America, element of the Advisor Group network of broker-sellers.
Because 1992, Elite Economical Community has served consumers in all aspects of their economic life. Established by President and CEO Dan Cairo, the Huntington Seaside, Calif. group is comprised of 30 independent money advisors who get a holistic method to offering customized solutions and proactive wealth administration. “Our purpose is to information consumers as a result of the many economic milestones in their life, from conserving for a child’s school tuition to setting up wealth to living in retirement,” mentioned Cairo, who serves as each economic advisor and business leader. The firm’s leadership group also features Craig Wong, handling spouse, and Dan’s wife, Cindy Cairo, co-owner and CFO.
As Elite Monetary Community carries on to evolve, the group chose LPL for the next chapter of their small business. “LPL is a strategic spouse to assist us reinvent ourselves,” Cairo reported. “We respect the advisor-centric lifestyle under the leadership of Dan Arnold, and it is clear to us that LPL deeply cares about its advisors’ results. LPL provides us with access to a broad array of innovative capabilities, business enterprise alternatives and investigate to enable us present consumers with differentiated encounters as we provide the hottest market place updates, collaborative assistance and expense options.”
Cairo extra, “We have our eyes established on important growth and growth in excess of the upcoming couple of decades, and we are self-assured that this new partnership will give us a competitive advantage to help attract like-minded advisors. LPL’s network is expansive and its transition procedures are so effective for advisors who could be fascinated in becoming a member of our staff. We expect excellent factors ahead!”
Ken Hullings, LPL senior vice president, Company Enhancement, said, “We warmly welcome Dan and the complete Elite group to the LPL neighborhood. We are delighted to be their partner of choice as they continue on to evolve their practice and produce a lot more value to consumers. Our mission and sole intent is to consider care of our advisors so they can consider care of their purchasers. As a leader in the impartial house, LPL is committed to supplying advisors with a strong electronic system together with substantial-excellent, progressive small business answers intended to support advisors differentiate their exercise and prosper. We look forward to a extensive-lasting and prosperous romantic relationship with Elite Financial Community.”
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About LPL Economical
LPL Financial (Nasdaq: LPLA) was started on the principle that the business really should work for the advisor, and not the other way all-around. Today, LPL is a leader** in the marketplaces we serve, supporting far more than 19,000 money advisors, 800 establishment-primarily based investment courses and 450 impartial RIA corporations nationwide. We are steadfast in our commitment to the advisor-centered product and the belief that Us residents are worthy of obtain to individualized guidance from a fiscal advisor. At LPL, independence usually means that advisors have the freedom they ought to have to select the business design, expert services, and technological know-how sources that let them to operate their great practice. And they have the flexibility to deal with their client interactions, simply because they know their clientele ideal. Only put, we consider care of our advisors, so they can consider treatment of their customers.
** Prime RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Independent Broker-Supplier in the U.S (Based on whole revenues, Money Arranging magazine 1996-2021) No. 1 company of third-party brokerage products and services to banks and credit history unions (2020-2021 Kehrer Bielan Analysis & Consulting Once-a-year TPM Report) Fortune 500 as of June 2021
* Value approximated based on asset and keeping details offered to LPL from the yr 2021
Securities and advisory expert services offered as a result of LPL Economic LLC, an SEC-registered broker-vendor and financial investment advisor. Member FINRA/ SIPC
In the course of this conversation, the terms “financial advisors” and “advisors” are utilised to refer to registered representatives and/or financial investment advisor representatives affiliated with LPL Economic LLC. We routinely disclose data that may perhaps be crucial to shareholders in the “Investor Relations” or “Press Releases” section of our internet site.
Elite Money Community and LPL Money are separate entities.
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