December 10, 2023


The business lovers

LPL Financial Welcomes Elite Financial Network

CHARLOTTE, N.C., Jan. 05, 2022 (World NEWSWIRE) — LPL Money LLC (Nasdaq:LPLA) announced now that Elite Money Community has joined LPL Financial’s broker-seller, corporate registered investment decision advisor (RIA) and custodial platforms. The large business described to LPL that it served close to $1 billion in advisory, brokerage and retirement plan property,* and joins LPL from Securities The us, part of the Advisor Group community of broker-sellers.

Considering the fact that 1992, Elite Money Community has served clients in all features of their economical life. Founded by President and CEO Dan Cairo, the Huntington Beach front, Calif. workforce is comprised of thirty independent economical advisors who just take a holistic technique to delivering personalised solutions and proactive wealth management. “Our goal is to information clients by the several economical milestones in their life, from conserving for a child’s college or university tuition to constructing wealth to residing in retirement,” said Cairo, who serves as equally economical advisor and business chief. The firm’s management workforce also consists of Craig Wong, managing partner, and Dan’s wife, Cindy Cairo, co-owner and CFO.

As Elite Money Community proceeds to evolve, the workforce chose LPL for the following chapter of their enterprise. “LPL is a strategic partner to support us reinvent ourselves,” Cairo said. “We value the advisor-centric lifestyle beneath the management of Dan Arnold, and it is clear to us that LPL deeply cares about its advisors’ achievement. LPL delivers us with accessibility to a large assortment of modern capabilities, enterprise options and investigation to support us supply clients with differentiated activities as we supply the newest industry updates, collaborative guidance and investment decision alternatives.”

Cairo added, “We have our eyes established on significant advancement and enlargement about the following couple years, and we are confident that this new partnership will give us a aggressive edge to support entice like-minded advisors. LPL’s community is expansive and its transition processes are so effective for advisors who could possibly be fascinated in joining our workforce. We be expecting fantastic factors ahead!”

Ken Hullings, LPL senior vice president, Organization Progress, said, “We warmly welcome Dan and the overall Elite workforce to the LPL local community. We are delighted to be their partner of choice as they go on to evolve their observe and supply more benefit to clients. Our mission and sole intent is to just take care of our advisors so they can just take care of their clients. As a chief in the independent house, LPL is dedicated to delivering advisors with a robust electronic platform together with significant-quality, modern enterprise options designed to support advisors differentiate their observe and thrive. We seem forward to a extensive-lasting and effective romance with Elite Money Community.”

Future Advisors, locate an LPL enterprise enhancement representative near you.

About LPL Money
LPL Money (Nasdaq: LPLA) was launched on the principle that the firm should really operate for the advisor, and not the other way around. Right now, LPL is a chief** in the markets we provide, supporting more than 19,000 economical advisors, 800 establishment-primarily based investment decision packages and 450 independent RIA companies nationwide. We are steadfast in our motivation to the advisor-centered model and the belief that Us residents deserve accessibility to personalised advice from a economical advisor. At LPL, independence indicates that advisors have the flexibility they deserve to select the enterprise model, solutions, and technology assets that allow for them to run their excellent observe. And they have the flexibility to regulate their customer interactions, for the reason that they know their clients most effective. Simply just place, we just take care of our advisors, so they can just take care of their clients.

** Major RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Unbiased Broker-Vendor in the U.S (Dependent on total revenues, Money Organizing journal 1996-2021) No. 1 supplier of third-bash brokerage solutions to banking institutions and credit score unions (2020-2021 Kehrer Bielan Investigation & Consulting Annual TPM Report) Fortune five hundred as of June 2021

* Value approximated primarily based on asset and keeping particulars supplied to LPL from the calendar year 2021

Securities and advisory solutions supplied by LPL Money LLC, an SEC-registered broker-seller and investment decision advisor. Member FINRA/ SIPC

All through this conversation, the conditions “financial advisors” and “advisors” are made use of to refer to registered reps and/or investment decision advisor reps affiliated with LPL Money LLC. We routinely disclose data that may well be vital to shareholders in the “Investor Relations” or “Press Releases” section of our website.

Elite Money Community and LPL Money are individual entities.

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