CHARLOTTE, N.C., Sept. 28, 2021 (Globe NEWSWIRE) — LPL Monetary LLC right now introduced that a few registered financial commitment advisor (RIA) companies run by LPL-affiliated advisors have been integrated on Barron’s listing of Prime one hundred RIA Corporations.
Corporations honored on this year’s listing include:
- #7 Private Advisor Team
- #9 Prosperity Enhancement Advisory Products and services
- #26 Stratos Prosperity Companions
“From all of us at LPL, we congratulate the leadership, advisors and help groups for every of these primary RIAs,” explained Angela Xavier, LPL executive vice president, Independent Advisor Products and services. “With a robust dedication to the RIAs we serve, we are thrilled to see these companies and their community of advisors excel on a nationwide scale. This prestigious sector recognition is a testament to every firm’s shopper-centric philosophy and demonstrates the benefit of the independent model to permit much more alternative, versatility and personalization. From the start off, we have wished our RIA owners and advisors to know that we are much more than just a custodian – we’re here to help them as a legitimate spouse. We’re looking forward to continuing robust partnerships with these advisors and their RIA companies as they thrive and increase their companies.”
To qualify for the listing, companies need to have at the very least $1 billion in property underneath administration. They are also measured by technology shelling out, employees range, succession setting up and other metrics. According to Barron’s, the aim for the position is to glow a spotlight on the nation’s greatest economical advisors, with an eye towards raising requirements in the sector.
Discover much more about LPL’s RIA offerings.
About LPL Monetary
LPL Monetary (Nasdaq: LPLA) was established on the theory that the organization really should function for the advisor, and not the other way about. Now, LPL is a leader* in the marketplaces we serve, supporting much more than 19,000 economical advisors, 800 institution-primarily based financial commitment courses and 450 independent RIA companies nationwide. We are steadfast in our dedication to the advisor-centered model and the belief that People in america are worthy of access to aim steering from a economical advisor. At LPL, independence signifies that advisors have the liberty they are worthy of to pick out the enterprise model, providers, and technology means that allow for them to run their ideal apply. And they have the liberty to regulate their shopper interactions, because they know their purchasers greatest. Only put, we choose treatment of our advisors, so they can choose treatment of their purchasers.
* Prime RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. 1 Independent Broker-Seller in the U.S (Primarily based on overall revenues, Monetary Arranging journal June 1996-2020) No. 1 company of third-occasion brokerage providers to banks and credit rating unions (2020-2021 Kehrer Bielan Investigation & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021
Securities and advisory providers made available through LPL Monetary LLC, an SEC- registered broker-supplier and financial commitment advisor. Member FINRA/SIPC.
In the course of this conversation, the terms “financial advisors” and “advisors” are employed to refer to registered reps and/or financial commitment advisor reps affiliated with LPL Monetary LLC. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” segment of our web site.
LPL Monetary, Barron’s and the advisor companies detailed are all individual entities.
A finish explanation of the methodologies for these awards can be found here.
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