CHARLOTTE, N.C., Jan. 05, 2022 (Globe NEWSWIRE) — LPL Monetary LLC (Nasdaq:LPLA) announced currently that Elite Monetary Community has joined LPL Financial’s broker-vendor, company registered investment advisor (RIA) and custodial platforms. The significant enterprise claimed to LPL that it served approximately $1 billion in advisory, brokerage and retirement strategy property,* and joins LPL from Securities The united states, element of the Advisor Team community of broker-sellers.
Because 1992, Elite Monetary Community has served clientele in all facets of their monetary lives. Established by President and CEO Dan Cairo, the Huntington Seashore, Calif. team is comprised of thirty unbiased monetary advisors who just take a holistic strategy to delivering personalised services and proactive wealth administration. “Our intention is to guide clientele by the quite a few monetary milestones in their lives, from preserving for a child’s higher education tuition to developing wealth to living in retirement,” stated Cairo, who serves as equally monetary advisor and enterprise leader. The firm’s leadership team also consists of Craig Wong, handling husband or wife, and Dan’s wife, Cindy Cairo, co-proprietor and CFO.
As Elite Monetary Community proceeds to evolve, the team chose LPL for the upcoming chapter of their business enterprise. “LPL is a strategic husband or wife to enable us reinvent ourselves,” Cairo stated. “We respect the advisor-centric society beneath the leadership of Dan Arnold, and it is very clear to us that LPL deeply cares about its advisors’ accomplishment. LPL delivers us with entry to a wide range of impressive capabilities, business enterprise solutions and study to enable us offer clientele with differentiated encounters as we provide the hottest sector updates, collaborative information and investment possibilities.”
Cairo extra, “We have our eyes set on significant growth and expansion over the upcoming few several years, and we are confident that this new partnership will give us a competitive gain to enable catch the attention of like-minded advisors. LPL’s community is expansive and its changeover processes are so economical for advisors who might be interested in signing up for our team. We expect wonderful items forward!”
Ken Hullings, LPL senior vice president, Business Development, stated, “We warmly welcome Dan and the total Elite team to the LPL neighborhood. We are delighted to be their husband or wife of option as they continue on to evolve their observe and provide much more value to clientele. Our mission and sole intent is to just take treatment of our advisors so they can just take treatment of their clientele. As a leader in the unbiased room, LPL is fully commited to delivering advisors with a robust electronic system alongside with higher-excellent, impressive business enterprise solutions built to enable advisors differentiate their observe and thrive. We glance forward to a extended-long lasting and productive partnership with Elite Monetary Community.”
Possible Advisors, obtain an LPL business enterprise enhancement representative near you.
About LPL Monetary
LPL Monetary (Nasdaq: LPLA) was founded on the principle that the firm should get the job done for the advisor, and not the other way all over. These days, LPL is a leader** in the marketplaces we serve, supporting much more than 19,000 monetary advisors, 800 institution-primarily based investment systems and 450 unbiased RIA corporations nationwide. We are steadfast in our motivation to the advisor-centered design and the perception that People are entitled to entry to personalised steerage from a monetary advisor. At LPL, independence indicates that advisors have the flexibility they are entitled to to pick out the business enterprise design, services, and technologies methods that enable them to operate their best observe. And they have the flexibility to regulate their customer associations, because they know their clientele best. Only put, we just take treatment of our advisors, so they can just take treatment of their clientele.
** Major RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Independent Broker-Supplier in the U.S (Centered on total revenues, Monetary Organizing magazine 1996-2021) No. 1 service provider of 3rd-occasion brokerage services to banking companies and credit history unions (2020-2021 Kehrer Bielan Investigation & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021
* Worth approximated primarily based on asset and keeping information provided to LPL from the 12 months 2021
Securities and advisory services available by LPL Monetary LLC, an SEC-registered broker-vendor and investment advisor. Member FINRA/ SIPC
Throughout this interaction, the phrases “financial advisors” and “advisors” are applied to refer to registered reps and/or investment advisor reps affiliated with LPL Monetary LLC. We routinely disclose information and facts that may possibly be crucial to shareholders in the “Investor Relations” or “Press Releases” segment of our web page.
Elite Monetary Community and LPL Monetary are independent entities.
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