LPL Financial Welcomes Elite Financial Network

CHARLOTTE, N.C., Jan. 05, 2022 (Globe NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) announced currently that Elite Economical Community has joined LPL Financial’s broker-seller, company registered investment advisor (RIA) and custodial platforms. The significant enterprise noted to LPL that it served about $one billion in advisory, brokerage and retirement plan property,* and joins LPL from Securities America, element of the Advisor Team community of broker-dealers.

Because 1992, Elite Economical Community has served customers in all areas of their economical lives. Started by President and CEO Dan Cairo, the Huntington Seaside, Calif. group is comprised of thirty impartial economical advisors who acquire a holistic solution to giving individualized expert services and proactive prosperity management. “Our target is to information customers through the numerous economical milestones in their lives, from preserving for a child’s school tuition to creating prosperity to dwelling in retirement,” claimed Cairo, who serves as each economical advisor and enterprise leader. The firm’s management group also includes Craig Wong, managing lover, and Dan’s wife, Cindy Cairo, co-operator and CFO.

As Elite Economical Community carries on to evolve, the group chose LPL for the next chapter of their business. “LPL is a strategic lover to enable us reinvent ourselves,” Cairo claimed. “We recognize the advisor-centric culture under the management of Dan Arnold, and it is crystal clear to us that LPL deeply cares about its advisors’ accomplishment. LPL offers us with entry to a vast variety of progressive abilities, business answers and research to enable us deliver customers with differentiated ordeals as we supply the most current sector updates, collaborative advice and investment possibilities.”

Cairo additional, “We have our eyes set on sizeable advancement and enlargement more than the next couple years, and we are confident that this new partnership will give us a aggressive gain to enable draw in like-minded advisors. LPL’s community is expansive and its transition processes are so successful for advisors who may possibly be intrigued in signing up for our group. We anticipate fantastic issues ahead!”

Ken Hullings, LPL senior vice president, Organization Growth, claimed, “We warmly welcome Dan and the complete Elite group to the LPL local community. We are pleased to be their lover of preference as they keep on to evolve their apply and supply more worth to customers. Our mission and sole reason is to acquire treatment of our advisors so they can acquire treatment of their customers. As a leader in the impartial space, LPL is fully commited to giving advisors with a sturdy electronic system together with high-top quality, progressive business answers developed to enable advisors differentiate their apply and thrive. We seem ahead to a extended-long lasting and prosperous partnership with Elite Economical Community.”

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Future Advisors, come across an LPL business progress representative near you.

About LPL Economical
LPL Economical (Nasdaq: LPLA) was established on the principle that the agency ought to operate for the advisor, and not the other way all around. Currently, LPL is a leader** in the marketplaces we serve, supporting more than 19,000 economical advisors, 800 establishment-primarily based investment packages and 450 impartial RIA firms nationwide. We are steadfast in our motivation to the advisor-centered design and the perception that Individuals should have entry to individualized advice from a economical advisor. At LPL, independence usually means that advisors have the independence they should have to pick out the business design, expert services, and technology resources that let them to run their excellent apply. And they have the independence to manage their customer associations, mainly because they know their customers most effective. Just put, we acquire treatment of our advisors, so they can acquire treatment of their customers.

** Top rated RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. one Impartial Broker-Seller in the U.S (Based on total revenues, Economical Organizing magazine 1996-2021) No. one supplier of third-social gathering brokerage expert services to banks and credit history unions (2020-2021 Kehrer Bielan Study & Consulting Annual TPM Report) Fortune 500 as of June 2021

* Value approximated primarily based on asset and keeping particulars provided to LPL from the yr 2021

Securities and advisory expert services provided through LPL Economical LLC, an SEC-registered broker-seller and investment advisor. Member FINRA/ SIPC

Through this conversation, the terms “financial advisors” and “advisors” are applied to refer to registered representatives and/or investment advisor representatives affiliated with LPL Economical LLC. We routinely disclose facts that may well be significant to shareholders in the “Investor Relations” or “Press Releases” portion of our website.

Elite Economical Community and LPL Economical are different entities.

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Lauren Hoyt-Williams
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