CHARLOTTE, N.C., Sept. 29, 2021 (Globe NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) declared right now that the workforce at Very first Legacy Wealth Administration has joined LPL Financial’s broker-seller, company registered expense advisor (RIA) and custodial platforms, aligned with significant company JFC Advisor Network. The workforce claimed serving above $400 million in advisory, brokerage and retirement property*. They join LPL from Avantax Financial commitment Companies, component of Blucora.
With places of work in San Angelo and Significant Spring, Texas, Very first Legacy Wealth Administration, with above seventy five several years of mixed working experience, is a tax-centered observe that strives to present purchasers with separately tailored money advice targeted on tax implications and very long-time period targets. Positioning on their own with CPAs, the workforce specializes in retirement property, wealth growth and legacy setting up. “Our priority is supplying a personalized working experience for our purchasers and remaining a workforce they can usually simply call on,” stated money advisor Dennis Reed, CPA. “We get pleasure from serving to our purchasers include charitable providing in their money options, and we also do the job with public charities to assist them keep on to serve our local community.”
Reed is joined at Very first Legacy by fellow advisors Lance Modawell, AAMS and Steve Stone, CPA, CFP®. They are supported by 3 complete-time assistants, which includes Reed’s son, Walter Reed, who is doing the job towards an advisor job with options to sooner or later extend the observe to Houston. Collectively, they are a shut-knit workforce with large industry working experience.
Why LPL is their chosen dwelling
As the observe continues to grow, the Very first Legacy workforce established to obtain a new wealth management companion to present them with differentiated customer encounters and far more flexibility in how they run their business enterprise. “When we recognized LPL’s customer-oriented business enterprise product aligned with ours, the preference to move was an simple a person,” Reed stated. “We will be backed by the firm’s trusted and unwavering aid that emboldens us to dictate our business enterprise product, even more produce our observe and fortify our customer interactions. We are thrilled about the wide variety of alternatives and the user-welcoming interface that LPL’s platforms have to give. Our purchasers can assume a far more personalized and seamless on the web working experience, mixed with our diligent aid companies.”
Jack Connealy, founder of JFC Advisor Network, said, “JFC Advisor Network is thrilled to welcome Very first Legacy to our growing network of money professionals. At JFC, we are dedicated to furthering the achievements of our advisors and elevating their procedures, and we are honored to be entrusted with this mission by Very first Legacy. We glance ahead to supporting Dennis, Lance, Steve and the entire Very first Legacy workforce.”
Scott Posner, LPL executive vice president, Company Improvement, said, “We welcome to Dennis, Steve and Lance to the LPL local community and congratulate JFC for growing its network of quality advisors. At LPL, we goal to redefine independence in our industry and aim on a person central objective to serve our advisors. Our abilities and means are thoughtfully built to allow advisors run their observe effectively although expending far more time with their purchasers. We are consistently innovating our technology and affiliation products, so our advisors can create their best observe and rise earlier mentioned the competitors. We glance ahead to supporting Very first Legacy Wealth Administration in a very long-lasting partnership and serving to their business enterprise thrive.”
Read through about other companies that just lately joined LPL in the LPL Financial News and Media segment of LPL.com.
Advisors, obtain an LPL business enterprise advancement representative near you.
About LPL Financial
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm must do the job for the advisor, and not the other way about. These days, LPL is a leader** in the markets we serve, supporting far more than 19,000 money advisors, 800 establishment-centered expense systems and 450 unbiased RIA companies nationwide. We are steadfast in our determination to the advisor-centered product and the perception that Us citizens have earned access to objective guidance from a money advisor. At LPL, independence suggests that advisors have the freedom they have earned to pick the business enterprise product, companies, and technology means that make it possible for them to operate their best observe. And they have the freedom to deal with their customer interactions, since they know their purchasers finest. Just place, we take care of our advisors, so they can take care of their purchasers.
** Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Unbiased Broker-Seller in the U.S. (Dependent on whole revenues, Financial Planning magazine June 1996-2020) No. one company of 3rd-social gathering brokerage companies to banking institutions and credit rating unions (2020-2021 Kehrer Bielan Research & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021
*Dependent on prior business enterprise and signifies property that would have been custodied at LPL Financial, relatively than 3rd-social gathering custodians. Claimed property and customer figures have not been independently and thoroughly confirmed by LPL Financial.
Securities and advisory companies provided via LPL Financial LLC, an SEC-registered broker-seller and expense advisor. Member FINRA/ SIPC
During this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or expense advisor representatives affiliated with LPL Financial LLC. We routinely disclose facts that may possibly be essential to shareholders in the “Investor Relations” or “Press Releases” segment of our web site.
Very first Legacy Wealth Administration LLC, JFC Advisor Network and LPL Financial are individual entities.
Connect with Us!