LPL Financial, JFC Advisor Network Welcome River Cities Financial Services

CHARLOTTE, N.C., Nov. 03, 2021 (Globe NEWSWIRE) — LPL Monetary LLC (Nasdaq:LPLA) announced these days that River Metropolitan areas Monetary Products and services has joined LPL Financial’s broker-vendor, corporate registered financial commitment advisor (RIA) and custodial platforms, aligning with massive company JFC Advisor Network. The advisors noted getting served close to $350 million in advisory, brokerage and retirement strategy assets*. They be a part of LPL from Cetera Monetary Team.   

With registered workplaces in Marietta, Beverly and Chillicothe, Ohio, River Metropolitan areas has a rich history in the local community, starting up as an insurance plan company in 1948 before growing into prosperity administration in 1985. Manager and Owner Michael Anthony is joined by founders Leslie Futrell and Rick Walters, as properly as fellow monetary advisors Stacey Brooks and Keith Thieman. They are assisted by a long-tenured four-member place of work assist workers.

“We are a local community-oriented crew and happy to serve the quite a few tiny business enterprise owners, retirees and farmers in our cities. We perspective our shoppers as an extension of our personal family members, and we want what’s ideal for them,” Anthony stated. “We acquire a crew solution to offering methods for each and every phase of existence, with expert services spanning from extensive monetary planning to employee retirement strategy strategies.”

What helps established River Metropolitan areas apart is that its five advisors each individual represent a different decade, ranging in age from mid-30s to early 70s. “We all bring distinctive experiences and differing sights to the crew to assistance make certain our clients’ monetary requirements will be taken care of now and for generations to occur,” Anthony stated.

Searching for a new companion, the crew turned to LPL for the following chapter of their business enterprise. “This move offers us the adaptability to go on to develop the exercise on our personal phrases, putting our clients’ interests at the center of all the things we do. With LPL, we have the security of a publicly-traded firm together with modern, integrated technological innovation that is in a simple structure, permitting us to devote much more time with shoppers. There is almost nothing much more worthwhile than remaining able to sit down confront-to-confront with shoppers and assistance them perform towards their monetary goals.”

Jack Connealy, founder of JFC Advisor Network, mentioned, “We are honored to welcome River Metropolitan areas Monetary Products and services to JFC Advisor Network. They have constructed an incredible exercise, and their determination to elevating their business enterprise is evidenced in their conclusion to move to LPL and affiliate with JFC. In carrying out so, they situation by themselves to further more their progress and results. They advantage not only from the technological innovation, equipment and platforms of the biggest unbiased broker vendor in the country, but at the very same time attain a limited-knit local community of advisors and have the assist and advocacy of our considerable team of market gurus at JFC. We appear forward to supporting Mike, Stacey, Keith, Les, Rickie, and the total River Metropolitan areas crew.”

Scott Posner, LPL executive vice president, Enterprise Progress, mentioned, “We welcome Mike, Les, Rick, Stacey and Keith to the LPL local community and are happy that our unbiased platform served as a differentiator for the River Metropolitan areas crew. As a companion with scale, our commitment to service and ongoing investments in our advisors’ enterprises is unwavering. We will go on to provide modern abilities and robust business enterprise methods built to assistance advisors develop their fantastic exercise and bring additional price to their shoppers. We congratulate JFC on its continued progress and appear forward to a long-lasting romance with both equally JFC and River Metropolitan areas Monetary Products and services.”

Advisors, obtain an LPL business enterprise growth representative near you.

About LPL Monetary
LPL Monetary (Nasdaq: LPLA) was founded on the principle that the company must perform for the advisor, and not the other way all over. Now, LPL is a chief** in the markets we serve, supporting much more than 19,000 monetary advisors, 800 institution-primarily based financial commitment applications and 450 unbiased RIA companies nationwide. We are steadfast in our commitment to the advisor-centered product and the perception that People should have entry to goal advice from a monetary advisor. At LPL, independence indicates that advisors have the flexibility they should have to select the business enterprise product, expert services, and technological innovation assets that allow for them to operate their fantastic exercise. And they have the flexibility to control their client associations, mainly because they know their shoppers ideal. Merely set, we acquire care of our advisors, so they can acquire care of their shoppers.

** Top rated RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. 1 Independent Broker-Dealer in the U.S (Dependent on complete revenues, Monetary Organizing magazine 1996-2021) No. 1 service provider of 3rd-bash brokerage expert services to banking companies and credit rating unions (2020-2021 Kehrer Bielan Investigate & Consulting Yearly TPM Report) Fortune 500 as of June 2021

*Dependent on prior business enterprise and signifies assets that would have been custodied at LPL Monetary, relatively than 3rd-bash custodians. Described assets and client quantities have not been independently and absolutely verified by LPL Monetary.

Securities and advisory expert services provided by way of LPL Monetary LLC, an SEC– registered broker-vendor and financial commitment advisor. Member FINRA/ SIPC

During this conversation, the phrases “financial advisors” and “advisors” are made use of to refer to registered associates and/or financial commitment advisor associates affiliated with LPL Monetary LLC. We routinely disclose information and facts that may well be critical to shareholders in the “Investor Relations” or “Press Releases” segment of our site.

River Metropolitan areas Monetary Products and services, JFC Advisor Network and LPL Monetary are separate entities.

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Media Contact:Lauren Hoyt-Williams(980) 321-1232
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