CHARLOTTE, N.C., Sept. 08, 2021 (Globe NEWSWIRE) — LPL Fiscal LLC (Nasdaq:LPLA) announced these days that economic advisor Francis Ciocari CFP® has joined LPL Financial’s broker-seller, hybrid registered investment advisor (RIA) and custodial platforms. He is aligned with Gladstone Wealth Associates, a large company on LPL’s hybrid RIA platform. Ciocari reported getting served around $three hundred million in advisory, brokerage and retirement program belongings*, and joins from Morgan Stanley.
Right after shelling out his entire vocation in a wirehouse surroundings, Ciocari will companion with current LPL advisors to start a new Gladstone Wealth Associates workplace in Blue Bell, Pa. He is joined by longtime assistant and client romance supervisor Christine Buck Nolan. “I’m enthusiastic to companion with other revered advisors to supply elevated products and services to our purchasers and increase our group existence,” said Ciocari, who mainly functions with company executives and affluent buyers.
Ciocari firmly believes in large-touch, ambitions-centered wealth administration, and starts off just about every romance with a economic program. Even though working remotely through the recent pandemic surroundings, he decided that the finest way to serve his purchasers was by owning his business enterprise and firmly getting manage in excess of his process. An entrepreneur at coronary heart, Ciocari turned to Gladstone and LPL to start a new journey as an unbiased economic advisor. “It’s refreshing to have complete autonomy in the way we build the follow. As unbiased advisors, we can give total transparency and run in our clients’ finest pursuits,” Ciocari said.
In picking out a new companion, Ciocari stated, “LPL is a Fortune five hundred business with a good name, dedicated to investing in ground breaking technological know-how and assets. I desired my purchasers to come to feel relaxed understanding I was partnering with an industry chief and the finest in the unbiased house. And on leading of that, with Gladstone we have accessibility to a must have assets, turnkey help and supplemental assistance with compliance, leaving me with more time to devote supporting purchasers and their investments. It is a earn-earn.”
Richard Frick, running companion and CEO at Gladstone Wealth Associates, stated, “We are enthusiastic for Fran to open up our new Spouse workplace in Blue Bell, and we search ahead to developing this Philadelphia suburb market jointly. I’ve recognised Fran for several years and to be able to help him as he transitions to the unbiased channel is an awesome feeling. The momentum just continues for Gladstone and the unbiased house, and we believe this hybrid workplace surroundings will continue to speed up it. We are dedicated to supporting our advisors just about every working day with customized products and services developed to assistance them be successful.”
Scott Posner, LPL government vice president, Company Progress, stated, “We warmly welcome Fran to the LPL group and congratulate Gladstone on its ongoing expansion. At LPL, we give a assortment of affiliation types so that advisors have decisions in how they build a perfect follow that would make the most feeling for them and their purchasers. We are happy to get the job done in partnership with Gladstone to produce scale and stability that empowers advisors to generate differentiated encounters and a flourishing follow. We search ahead to supporting Fran and the entire workforce at the new Gladstone Wealth Associates workplace in Blue Bell for several years to appear.”
Study about other firms that not too long ago joined LPL in the LPL Fiscal News and Media section of LPL.com.
Advisors, obtain an LPL business enterprise advancement representative near you.
About LPL Fiscal
LPL Fiscal (Nasdaq: LPLA) was started on the theory that the firm should really get the job done for the advisor, and not the other way all-around. Currently, LPL is a chief** in the markets we serve, supporting more than 19,000 economic advisors, 800 establishment-centered investment applications and 450 unbiased RIA firms nationwide. We are steadfast in our motivation to the advisor-centered design and the perception that Us citizens have earned accessibility to aim guidance from a economic advisor. At LPL, independence suggests that advisors have the liberty they have earned to opt for the business enterprise design, products and services, and technological know-how assets that allow for them to operate their perfect follow. And they have the liberty to deal with their client interactions, simply because they know their purchasers finest. Just place, we take treatment of our advisors, so they can take treatment of their purchasers.
** Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Unbiased Broker-Vendor in the U.S (Dependent on total revenues, Fiscal Planning magazine 1996-2021) No. 1 service provider of third-get together brokerage products and services to banking institutions and credit history unions (2020-2021 Kehrer Bielan Investigation & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021
*Dependent on prior business enterprise and represents belongings that would have been custodied at LPL Fiscal, relatively than third-get together custodians. Reported belongings and client numbers have not been independently and totally verified by LPL Fiscal.
Securities and advisory products and services offered via LPL Fiscal LLC, an SEC- registered broker-seller and investment advisor. Member FINRA/ SIPC
During this interaction, the terms “financial advisors” and “advisors” are employed to refer to registered representatives and/or investment advisor representatives affiliated with LPL Fiscal LLC. We routinely disclose data that could be vital to shareholders in the “Investor Relations” or “Press Releases” section of our web-site.
Gladstone Wealth Associates and LPL Fiscal are separate entities.
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