CHARLOTTE, N.C., Sept. 29, 2021 (Globe NEWSWIRE) — LPL Money LLC (Nasdaq: LPLA) introduced now that the team at First Legacy Wealth Management has joined LPL Financial’s broker-vendor, company registered investment decision advisor (RIA) and custodial platforms, aligned with substantial organization JFC Advisor Network. The team reported serving about $400 million in advisory, brokerage and retirement belongings*. They sign up for LPL from Avantax Investment Providers, part of Blucora.
With workplaces in San Angelo and Huge Spring, Texas, First Legacy Wealth Management, with about seventy five several years of merged practical experience, is a tax-primarily based apply that strives to offer customers with separately tailored monetary assistance targeted on tax implications and extended-time period aims. Positioning them selves with CPAs, the team specializes in retirement belongings, wealth advancement and legacy planning. “Our precedence is giving a customized practical experience for our customers and staying a team they can generally call on,” explained monetary advisor Dennis Reed, CPA. “We enjoy helping our customers incorporate charitable giving in their monetary programs, and we also work with general public charities to support them go on to serve our community.”
Reed is joined at First Legacy by fellow advisors Lance Modawell, AAMS and Steve Stone, CPA, CFP®. They are supported by three entire-time assistants, which include Reed’s son, Walter Reed, who is performing toward an advisor role with programs to sooner or later broaden the apply to Houston. Alongside one another, they are a near-knit team with large market practical experience.
Why LPL is their picked out home
As the apply continues to increase, the First Legacy team decided to find a new wealth administration spouse to offer them with differentiated consumer experiences and extra adaptability in how they work their company. “When we understood LPL’s consumer-oriented company model aligned with ours, the preference to go was an uncomplicated just one,” Reed explained. “We will be backed by the firm’s dependable and unwavering support that emboldens us to dictate our company model, further more produce our apply and reinforce our consumer associations. We are energized about the selection of selections and the user-friendly interface that LPL’s platforms have to present. Our customers can hope a extra customized and seamless on-line practical experience, merged with our diligent support companies.”
Jack Connealy, founder of JFC Advisor Network, said, “JFC Advisor Network is thrilled to welcome First Legacy to our increasing network of monetary gurus. At JFC, we are dedicated to furthering the good results of our advisors and elevating their tactics, and we are honored to be entrusted with this mission by First Legacy. We glimpse ahead to supporting Dennis, Lance, Steve and the full First Legacy team.”
Scott Posner, LPL government vice president, Business Advancement, said, “We welcome to Dennis, Steve and Lance to the LPL community and congratulate JFC for increasing its network of excellent advisors. At LPL, we aim to redefine independence in our market and concentration on just one central intent to serve our advisors. Our abilities and methods are thoughtfully developed to allow advisors work their apply proficiently though paying out extra time with their customers. We are regularly innovating our technologies and affiliation styles, so our advisors can create their excellent apply and increase earlier mentioned the opposition. We glimpse ahead to supporting First Legacy Wealth Management in a extended-lasting partnership and helping their company prosper.”
Examine about other firms that just lately joined LPL in the LPL Money Information and Media portion of LPL.com.
Advisors, find an LPL company growth representative near you.
About LPL Money
LPL Money (Nasdaq: LPLA) was founded on the theory that the agency ought to work for the advisor, and not the other way all around. Nowadays, LPL is a leader** in the marketplaces we serve, supporting extra than 19,000 monetary advisors, 800 establishment-primarily based investment decision packages and 450 unbiased RIA firms nationwide. We are steadfast in our motivation to the advisor-centered model and the perception that Americans are entitled to access to aim steering from a monetary advisor. At LPL, independence indicates that advisors have the liberty they are entitled to to pick the company model, companies, and technologies methods that make it possible for them to operate their excellent apply. And they have the liberty to handle their consumer associations, mainly because they know their customers greatest. Simply just put, we acquire care of our advisors, so they can acquire care of their customers.
** Leading RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Unbiased Broker-Dealer in the U.S. (Primarily based on full revenues, Money Setting up journal June 1996-2020) No. one service provider of 3rd-celebration brokerage companies to financial institutions and credit rating unions (2020-2021 Kehrer Bielan Study & Consulting Once-a-year TPM Report) Fortune 500 as of June 2021
*Primarily based on prior company and signifies belongings that would have been custodied at LPL Money, alternatively than 3rd-celebration custodians. Claimed belongings and consumer quantities have not been independently and absolutely verified by LPL Money.
Securities and advisory companies offered through LPL Money LLC, an SEC-registered broker-vendor and investment decision advisor. Member FINRA/ SIPC
All over this communication, the conditions “financial advisors” and “advisors” are utilized to refer to registered representatives and/or investment decision advisor representatives affiliated with LPL Money LLC. We routinely disclose facts that might be critical to shareholders in the “Investor Relations” or “Press Releases” portion of our web page.
First Legacy Wealth Management LLC, JFC Advisor Network and LPL Money are independent entities.
Connect with Us!
Media Get in touch with: