LPL Financial, JFC Advisor Network Welcome Sandstone Wealth Management
CHARLOTTE, N.C., Sept. 16, 2021 (World NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) today introduced that Sandstone Prosperity Management, the financial commitment application situated at Heartland Financial institution, has joined LPL’s Establishment Companies platform, aligned with JFC Advisor Network (JFC), a significant company that supports LPL-affiliated advisors. Sandstone Prosperity Management’s fiscal industry experts noted earlier acquiring served around $three hundred million in brokerage, advisory and retirement prepare belongings*. They have been earlier affiliated with Raymond James and Royal Alliance, element of the Advisor Group network.
Heartland Financial institution is a relatives-owned neighborhood establishment courting again to 1899, now serving clients in thirteen areas across central Nebraska. With the transfer to LPL, the financial commitment application has been rebranded to Sandstone Prosperity Management, having to pay homage to the exceptional rock formations found all through the condition. Tyler Daly, a 2020 Forbes Prime Up coming-Gen Prosperity Advisor, manages the financial commitment middle and is joined by fellow advisor Mike Theis and two assistants.
On the lookout to streamline their business, lower annual fees for clients and develop differentiated encounters, the Sandstone Prosperity Management workforce chose to be a part of LPL and JFC for the subsequent chapter of the business. “We’ve found that LPL has a really strong on line retirement scheduling portal and other enhanced technology offerings that will aid us streamline our business to concentrate a lot more on clients and make their financial commitment encounters even much better,” Daly stated.
The fact that JFC Advisor Network is situated in close by Lincoln, Neb., was one more substantial draw. “To have a regional group right here in our corner is a substantial gain. We can produce particular associations with the JFC workforce and increase our network,” Daly stated.
Jack Connealy, founder of JFC Advisor Network, stated, “JFC is exited to welcome Tyler, Mike and the Sandstone application to our relatives of advisors situated at an establishment. They are a course act workforce that we are fortunate to be capable to aid. As a Nebraska-based mostly corporation, working with advisors situated at regional banking companies normally will take JFC again to our roots. We look ahead to a very long-lasting and productive romance with Sandstone Prosperity Management.”
Ken Hullings, LPL senior vice president and head of company recruiting, stated, “We lengthen a heat welcome to Tyler and Mike and congratulate JFC for escalating its network. We have an understanding of the exceptional needs and options for our institutional clients and are fully commited to supporting them with a foremost prosperity management platform, revolutionary technology, strategic consultative aid and focused company encounter that can aid them differentiate their business and convey a lot more worth to their clients and establishment. We look ahead to supporting the complete Sandstone Prosperity Management workforce for yrs to arrive.”
Advisors, come across an LPL business progress representative near you.
About LPL Economical
LPL Economical (Nasdaq: LPLA) was established on the theory that the business should really perform for the advisor, and not the other way around. Today, LPL is a leader** in the markets we provide, supporting a lot more than 19,000 fiscal advisors, 800 establishment-based mostly financial commitment programs and 450 independent RIA companies nationwide. We are steadfast in our determination to the advisor-centered design and the belief that Us citizens are entitled to entry to goal assistance from a fiscal advisor. At LPL, independence indicates that advisors have the independence they are entitled to to decide on the business design, products and services, and technology means that let them to operate their great observe. And they have the independence to regulate their client associations, since they know their clients most effective. Basically set, we consider care of our advisors, so they can consider care of their clients.
** Prime RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. 1 Independent Broker-Seller in the U.S (Dependent on overall revenues, Economical Scheduling magazine 1996-2021) No. 1 service provider of third-social gathering brokerage products and services to banking companies and credit unions (2020-2021 Kehrer Bielan Investigation & Consulting Once-a-year TPM Report) Fortune 500 as of June 2021
*Dependent on prior business and signifies belongings that would have been custodied at LPL Economical, relatively than third-social gathering custodians. Described belongings and client quantities have not been independently and thoroughly confirmed by LPL Economical.
Securities and advisory products and services are presented by LPL Economical (LPL), a registered financial commitment advisor and broker-dealer (member FINRA/SIPC). Insurance policy items are presented by LPL or its accredited affiliates. Heartland Financial institution and Sandstone Prosperity Management are not registered as a broker-dealer or financial commitment advisor. Registered representatives of LPL offer items and products and services employing Sandstone Prosperity Management, and may possibly also be employees of Heartland Financial institution. These items and products and services are getting presented by LPL or its affiliates, which are separate entities from, and not affiliates of Heartland Financial institution, JFC Advisor Network or Sandstone Prosperity Management. Securities and insurance policy presented by LPL or its affiliates are:
- Not Insured by FDIC or Any Other Authorities Company
- Not Financial institution Certain
- Not Financial institution Deposits or Obligations
- May well Shed Worth
In the course of this communication, the phrases “financial advisors” and “advisors” are made use of to refer to registered representatives and/or financial commitment advisor representatives affiliated with LPL Economical LLC. We routinely disclose information that may possibly be essential to shareholders in the “Investor Relations” or “Press Releases” part of our internet site.
The Forbes Up coming-Gen Wealth Advisors rankings, created by SHOOK Investigation, is based mostly on an algorithm of qualitative criterion, mainly acquired by phone and in-individual owing diligence interviews, and quantitative information. All those advisors that are viewed as are under 40, have a minimum of 4 years’ encounter, and the algorithm weighs factors like profits developments, belongings under management, compliance records, field encounter and these that encompass the greatest benchmarks of most effective methods. Portfolio efficiency is not a criterion owing to varying client targets and absence of audited information
Join with Us!
https://www.linkedin.com/organization/lpl-fiscal
https://www.fb.com/LPLFinancialLLC
https://www.youtube.com/user/lplfinancialllc
Media Contact:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]
