April 22, 2024

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LPL Financial, Gladstone Welcome Mclaughlin Asset Management

CHARLOTTE, N.C., Jan. 10, 2022 (World NEWSWIRE) — LPL Economic LLC (Nasdaq:LPLA) announced these days that McLaughlin Asset Administration, Inc. has joined LPL Economic, aligned with Gladstone Wealth Partners (Gladstone), a huge business on LPL’s hybrid RIA platform. The group serves close to $600 million in advisory, brokerage and retirement plan property,* and they join LPL from Lincoln Economic Advisors.

Based mostly in Haddonfield, N.J., McLaughlin Asset Administration presents purchasers with a in depth wealth management method intended to tackle 5 crucial issues: earning sensible decisions about cash, mitigating taxes, taking care of their heirs, safeguarding their property and magnifying their charitable presents. Founded in 1991 by Taking care of Lover Michael McLaughlin, CFP®, CRPS®, RICP®, the team’s seasoned advisors are professional with orchestrating topic make a difference gurus to supply techniques to enable tackle their clients’ most difficult desires. The organization serves the large-web-worth market and specializes in doing work with pros preparing for retirement, women of all ages in changeover these as divorce or death of a partner, and closely held business enterprise proprietors preparing for a liquidation celebration.

“For over 30 many years, McLaughlin Asset Administration has been fully commited to delivering thoughtful methods that tackle an array of family, financial and lifestyle issues,” McLaughlin stated. “We engage in a very important job as the family CFO, counselor, confidant and pal all wrapped up into just one. We are generally striving to reduce the items that preserve our purchasers up at evening. That’s our No. one precedence and it drives our group to go previously mentioned and over and above.”

McLaughlin is complimented by a proficient group with the working experience and skills important to supply expenditure consulting, advanced preparing and romantic relationship management to non-public wealth purchasers. Becoming a member of him are Partners Monica Lupinetti, CDFA, Wealth Advisor, and Linda McLaughlin RICP, Practice Administration & Functions. Other group users incorporate Meaghan McLaughlin, CPA, Senior Wealth Administration Associate Kyle Macrina, CFA Applicant, Wealth Administration Associate Danielle Deming, Senior Shopper Assistance Associate and Veronica “Ronni” Yates, Practice Administration Associate.

Why the group selected LPL Economic and Gladstone
In excess of the past yr, the group evaluated its support product and resources accessible to finest provide their clients’ intricate financial desires. Just after in depth analysis, the McLaughlin group manufactured the determination to commence to changeover to an independent hybrid RIA product to deliver far more overall flexibility to the company’s support offerings. By leveraging LPL and Gladstone’s expansive advisory abilities, the McLaughlin group is confident that they will be capable to increase their finest pondering in asset allocation, analysis and economic modeling for their clients’ portfolios.

“As we started hunting for a partner to enable us provide our clients’ developing desires, LPL Economic and Gladstone stood out, differentiating themselves with their management and govt groups, technologies infrastructure, tradition of innovation and shopper support,” Michael McLaughlin stated. “In today’s very intricate and evolving worldwide ecosystem, we have to have the appropriate resources to adapt and excel. The mixture of Gladstone and LPL delivers us people resources. We manufactured this strategic move to position ourselves to superior provide our purchasers now and heading ahead.”

Richard Frick, Taking care of Lover and CEO at Gladstone Wealth Partners stated, “Gladstone and LPL present a good blend of aid and advisory resources to enable independent procedures reinforce their shopper offerings. We’re enthusiastic to deliver these services to McLaughlin Asset Administration and are energized to enable Michael and his group increase their providing to purchasers through this transformative time.”

Scott Posner, LPL govt vice president, Business enterprise Development, stated, “We are honored to welcome the McLaughlin group to the LPL group. Outfitted with LPL’s diverse portfolio of tech-ahead expenditure capabilities, coupled with the more resources from our romantic relationship with Gladstone, we think that McLaughlin Asset Administration will be primed for ongoing progress each now and in the long run.”

Advisors, find an LPL business enterprise advancement representative near you.

About LPL Economic:
LPL Economic (Nasdaq: LPLA) was started on the principle that the organization need to function for the advisor, and not the other way about. Now, LPL is a chief** in the marketplaces we provide, supporting far more than 19,000 financial advisors, 800 institution-centered expenditure applications and 450 independent RIA corporations nationwide. We are steadfast in our commitment to the advisor-centered product and the perception that Individuals deserve accessibility to personalized guidance from a financial advisor. At LPL, independence means that advisors have the independence they deserve to select the business enterprise product, services, and technologies resources that allow for them to operate their best exercise. And they have the independence to regulate their shopper relationships, since they know their purchasers finest. Only put, we get care of our advisors, so they can get care of their purchasers.

**Prime RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. one Independent Broker-Seller in the U.S (Based mostly on full revenues, Economic Organizing magazine June 1996-2020) No. one company of 3rd-get together brokerage services to banking institutions and credit score unions (2020-2021 Kehrer Bielan Exploration & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021

* Worth approximated centered on asset and holding information provided to LPL from the yr 2021

Securities and advisory services available by means of LPL Economic LLC, an SEC-registered broker-supplier and expenditure advisor. Member FINRA/SIPC. 

Through this conversation, the conditions “financial advisors” and “advisors” are utilized to refer to registered reps and/or expenditure advisor reps affiliated with LPL Economic LLC. We routinely disclose details that may be critical to shareholders in the “Investor Relations” or “Press Releases” part of our website.

McLaughlin Asset Administration, Gladstone Wealth Partners and LPL Economic are individual entities.

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Media Get in touch with:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]