CHARLOTTE, N.C., Jan. 06, 2022 (World NEWSWIRE) — LPL Money LLC (Nasdaq: LPLA) introduced nowadays that fiscal advisor Corey Phillips has joined LPL Financial’s broker-dealer, corporate registered financial commitment advisor (RIA) and custodial platforms. Phillips noted to LPL that he served roughly $115 million in advisory, brokerage and retirement assets.* He joined LPL from Park Avenue Securities, section of the Guardian Daily life Coverage Enterprise of The usa.
Based in Pittsfield, Mass., Phillips’ journey to becoming a fiscal advisor was a bit unique. Just after faculty, he teamed up with his brother and father to very own a small retail liquor retail store and rental qualities. “My practical experience as a retail store owner connected me with individuals from all walks of lifetime and additional a definitely unique layer of perspective to my work in fiscal advising,” reported Phillips, who eventually still left the retail earth to launch his new job as a comprehensive-time fiscal advisor in 2014. The practical experience, he reported, gave him a personable and partaking technique to his client associations — he generally makes an effort and hard work to practice lively listening, recognize his clients’ fiscal goal and personalize tactics to their varied requirements.
In exploring for a new wealth administration agency, Phillips chose to move to LPL and workforce up with Alex Kastrinakis, a previous colleague who joined LPL very last year. They plan to thoroughly associate and launch a new model later on this year.
Phillips mentioned, “LPL as an marketplace-major associate to fiscal advisors and I am keen to put into practice ground breaking resources and assets that LPL has to provide. I think my shoppers will now love an effortless and intuitive investing practical experience, and I have all the required abilities to diversify financial commitment solutions, improve my clients’ return opportunity and differentiate my practice. On top of that, LPL has no proprietary financial commitment solutions, so I can be a fiduciary and provide tactics and insights that are in my clients’ finest interests.”
Scott Posner, LPL govt vice president, Organization Progress, mentioned, “Our workforce at LPL extends a warm welcome to Corey, and we are honored to guidance him and Alex in launching their rebranded practice later on this year. We think advisors know what is finest for their shoppers, and they must be empowered with the independence and versatility to do so. LPL strives to be a committed associate to our fiscal advisors, presenting a huge variety of differentiated companies and ground breaking technological know-how ordeals. We seem forward to a very long-long lasting partnership with Corey and the advancement of his small business.”
Advisors, come across an LPL small business enhancement agent near you.
About LPL Money
LPL Money (Nasdaq: LPLA) was launched on the principle that the agency must work for the advisor, and not the other way all over. Nowadays, LPL is a leader** in the markets we serve, supporting extra than 19,000 fiscal advisors, 800 institution-dependent financial commitment applications and 450 independent RIA companies nationwide. We are steadfast in our motivation to the advisor-centered design and the perception that Americans are worthy of accessibility to individualized direction from a fiscal advisor. At LPL, independence signifies that advisors have the independence they are worthy of to pick the small business design, companies, and technological know-how assets that let them to operate their excellent practice. And they have the independence to control their client associations, because they know their shoppers finest. Just place, we get treatment of our advisors, so they can get treatment of their shoppers.
**Top rated RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. one Impartial Broker-Seller in the U.S (Based on overall revenues, Money Arranging journal June 1996-2020) No. one service provider of 3rd-party brokerage companies to banks and credit score unions (2020-2021 Kehrer Bielan Exploration & Consulting Annual TPM Report) Fortune five hundred as of June 2021
* Benefit approximated dependent on asset and holding details delivered to LPL from the year 2021
Securities and advisory companies available by way of LPL Money LLC, an SEC-registered broker-dealer and financial commitment advisor. Member FINRA/ SIPC
All over this communication, the conditions “financial advisors” and “advisors” are utilised to refer to registered associates and/or financial commitment advisor associates affiliated with LPL Money LLC. We routinely disclose facts that may be crucial to shareholders in the “Investor Relations” or “Press Releases” portion of our website.
Join with Us!