LPL Financial Welcomes Sterling Wealth Group

CHARLOTTE, N.C., Dec. 20, 2021 (Globe NEWSWIRE) — LPL Economic LLC (Nasdaq:LPLA) declared these days that Sterling Prosperity Group has joined LPL Financial’s broker-supplier, company registered investment decision advisor (RIA) and custodial platforms. The Sterling group described to LPL that it served roughly $390 million in advisory, brokerage and retirement strategy assets.* They join from MML Investors Services.

Founder Robert Sterling Madden CLU, ChFC, CFP® begun the Melville, N.Y.-based mostly firm extra than 35 many years back when he found his enthusiasm for serving to some others go after their retirement dreams. He is joined by his son, Michael Sterling Madden, CFP®, who has 20 decades of expertise in the fiscal services field. The Sterling Wealth Group’s vision is to aid shoppers make clear their definition of economical achievements and give them with very long-time period monetary approaches to get there.

“As consumer-centric advisors, we want to make a variation in every client’s lifestyle,” Bob Madden mentioned. “We pledge our expertise and assets to aid our clientele function towards what is critical to their monetary wellbeing by giving personalization, professionalism and top quality provider.”

As the family staff prepares for foreseeable future growth and the following chapter of their company, they selected to align with LPL and JFC Advisor Community. “We used at least a calendar year of owing diligence to identify what was very best for our shoppers and small business,” Bob Madden claimed. “We looked at technological know-how capabilities, breadth of financial investment selections, analysis and methods just before concluding that LPL’s built-in platform is just unequalled. We also recognize the household setting and included aid provided by JFC. We wholeheartedly think this new relationship will enrich the consumer working experience, and make it possible for us to provide their needs much more correctly and competently.”

Outdoors of do the job, the workforce is really committed to supplying back again, especially to those people who provide in the armed forces. Bob Madden is a United States Naval Academy graduate who served as a Floor Warfare Officer for six decades prior to signing up for the monetary products and services business. He is co-founder and president of Value of Flexibility, Inc., which has a mission to go the core values of honor, braveness and motivation to long term generations. He continues to be passionate about honoring troopers and marines, and each individual calendar year hosts wounded warriors and hurt marines at an annual Expense of Flexibility weekend held at the Army-Navy game. He is on the board of directors for America’s Vet Dogs and the Information Doggy Foundation, and also supports Injured Maritime Semper Fi Fund and the Travis Manion Basis.

“It is with excellent delight that we welcome Bob and Mike Madden of Sterling Prosperity Team to JFC Advisor Community and LPL,” explained Jack Connealy, founder of JFC Advisor Community. “Bob has devoted his life to serving his nation, local community and clients, and he sets an exemplary regular for us all each individually and professionally. We are honored that Bob and Mike have preferred to husband or wife with JFC and search ahead to supporting their continued advancement for years to arrive.”

Scott Posner, LPL executive vice president, Organization Improvement, mentioned, “We increase a heat welcome to Bob and Michael, and are honored to have them be a component of the LPL community. Almost everything we do at LPL is developed to deliver advisors with the aid they need to have to operate productive procedures. Their greatness is our target. We are fully commited to furnishing powerful abilities, impressive technology and strong enterprise methods to assist boost efficiency and develop meaningful, differentiated shopper encounters. We seem ahead to supporting Sterling Prosperity Group for many years to come.”

Advisors, discover an LPL business development representative near you.

About LPL Economical
LPL Economic (Nasdaq: LPLA) was started on the principle that the business really should perform for the advisor, and not the other way all over. Currently, LPL is a leader** in the marketplaces we provide, supporting more than 19,000 fiscal advisors, 800 institution-primarily based financial commitment courses and 450 impartial RIA firms nationwide. We are steadfast in our dedication to the advisor-centered model and the belief that Individuals are worthy of access to individualized guidance from a fiscal advisor. At LPL, independence means that advisors have the flexibility they deserve to pick the company model, providers, and technological know-how resources that let them to run their great observe. And they have the flexibility to control their shopper interactions, since they know their clients greatest. Only set, we acquire care of our advisors, so they can get treatment of their consumers.

* Worth approximated centered on asset and holding particulars furnished to LPL from the calendar year 2021

** Leading RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Unbiased Broker-Seller in the U.S (Based mostly on whole revenues, Economic Organizing magazine 1996-2021) No. 1 provider of 3rd-bash brokerage companies to financial institutions and credit score unions (2020-2021 Kehrer Bielan Investigation & Consulting Once-a-year TPM Report) Fortune 500 as of June 2021

Securities and advisory services offered by way of LPL Monetary LLC, an SEC-registered broker-seller and financial commitment advisor. Member FINRA/ SIPC

Throughout this communication, the phrases “financial advisors” and “advisors” are used to refer to registered reps and/or investment decision advisor representatives affiliated with LPL Economical LLC. We routinely disclose facts that might be important to shareholders in the “Investor Relations” or “Press Releases” part of our web-site.

Sterling Prosperity Group, JFC Advisor Community and LPL Fiscal are independent entities.

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