CHARLOTTE, N.C., Jan. 31, 2022 (Globe NEWSWIRE) — LPL Monetary LLC introduced today that Accardi Money Team has joined LPL Financial’s broker-seller, corporate registered investment advisor (RIA) and custodial platforms. The staff described to LPL that it serves around $150 million in advisory, brokerage and retirement program belongings.* They join from First Allied, element of the Cetera network of broker-sellers.
Based mostly in Wilbraham, Mass., Accardi Financial Group (AFG) was started in 1990 with a vision to help customers perform towards superb lengthy-phrase investment success through personalised plans that mirror their economic needs, suitable danger parameters and expenditure time body. Extra than 30 several years later, that principle nevertheless continues to be their focus and mission. Founder and Chairman Joe Accardi, RFC ®, CWS ®, AIF ®, is joined at the agency by his daughter, CEO Danielle Accardi and his son, President Damon Accardi, AIF®, as very well as two assist staff customers.
“It suggests the earth to have a legacy exercise, being aware of that my son and daughter, and maybe even at some point grandchildren, will continue on to serve upcoming generations of shoppers,” Joe said, noting that the small business is poised to be headed by a female when Danielle usually takes possession soon after his retirement in a few many years.
The workforce was recruited by Ray Lucia Jr., CEO of Lucia Funds Group (LCG), an existing LPL business. Accardi Monetary Group is the 1st team to sign up for LCG Economical Companions, LCG’s independent advisor affiliation design. “We selected to shift to LPL to cement a connection with Lucia Capital Team and to be extra economical and adaptable in how we operate our observe,” Joe said, noting that the two companies keep on being different entities. We now have entry to LCG’s total suite of products and services, including The Bucket Approach ® retirement scheduling system, asset administration system, electronic internet marketing and back-place of work assist workforce which gives Danielle and Damon a new path to upcoming development alternatives for AFG and our customers. We consider our partnership with LCG, along with LPL’s dimension, scale and determination to innovation, will offer our customers entry to increased technological know-how, simplified statements and increased provider experiences.”
Scott Posner, LPL executive vice president, Company Growth, explained, “Joe has crafted an incredible legacy enterprise and we are honored to welcome the whole Accardi team into the LPL neighborhood. We are dedicated to offering ground breaking instruments and an built-in wealth administration system that allows advisors operate successfully and provide differentiated ordeals to their clients. We glimpse ahead to supporting their business enterprise these days and into the long term, providing a alternative of business designs and abilities that can meet them wherever they are.”
Advisors, locate an LPL enterprise advancement representative around you.
About LPL Monetary:
LPL Monetary (Nasdaq: LPLA) was founded on the theory that the company should really function for the advisor, and not the other way around. Today, LPL is a leader** in the markets we provide, supporting more than 19,000 financial advisors, 800 establishment-primarily based financial commitment systems and 450 impartial RIA corporations nationwide. We are steadfast in our determination to the advisor-centered design and the perception that Us residents are worthy of obtain to personalized advice from a fiscal advisor. At LPL, independence signifies that advisors have the liberty they ought to have to decide on the organization product, companies, and engineering sources that enable them to operate their great follow. And they have the liberty to handle their customer relationships, for the reason that they know their purchasers very best. Merely set, we take treatment of our advisors, so they can just take care of their purchasers.
* Value approximated dependent on asset and keeping aspects presented to LPL from the year 2021
**Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Impartial Broker-Vendor in the U.S (Dependent on complete revenues, Financial Arranging journal June 1996-2020) No. 1 provider of 3rd-party brokerage expert services to financial institutions and credit score unions (2020-2021 Kehrer Bielan Exploration & Consulting Yearly TPM Report) Fortune 500 as of June 2021
Securities and advisory companies presented by way of LPL Economical LLC, an SEC-registered broker-seller and expenditure advisor. Member FINRA/SIPC.
Throughout this communication, the conditions “financial advisors” and “advisors” are utilized to refer to registered representatives and/or investment advisor representatives affiliated with LPL Economical LLC. We routinely disclose information that might be crucial to shareholders in the “Investor Relations” or “Press Releases” section of our web-site.
The Bucket Strategy® entails investments issue to risks, expenses, and bills. There is no promise that any investing method will be successful or give safety from reduction.
Accardi Fiscal Team, Lucia Cash Team and LPL Monetary are different entities.
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