LPL Financial Welcomes Elite Financial Network

CHARLOTTE, N.C., Jan. 05, 2022 (World NEWSWIRE) — LPL Economic LLC (Nasdaq:LPLA) announced these days that Elite Economic Community has joined LPL Financial’s broker-dealer, company registered investment advisor (RIA) and custodial platforms. The significant business described to LPL that it served approximately $1 billion in advisory, brokerage and retirement strategy belongings,* and joins LPL from Securities America, component of the Advisor Group community of broker-sellers.

Given that 1992, Elite Economic Community has served clients in all facets of their economic lives. Started by President and CEO Dan Cairo, the Huntington Seashore, Calif. workforce is comprised of thirty impartial economic advisors who take a holistic solution to furnishing individualized providers and proactive wealth administration. “Our goal is to manual clients through the a lot of economic milestones in their lives, from preserving for a child’s college tuition to creating wealth to residing in retirement,” mentioned Cairo, who serves as both equally economic advisor and business chief. The firm’s management workforce also consists of Craig Wong, managing companion, and Dan’s spouse, Cindy Cairo, co-owner and CFO.

As Elite Economic Community continues to evolve, the workforce chose LPL for the following chapter of their business. “LPL is a strategic companion to assistance us reinvent ourselves,” Cairo mentioned. “We respect the advisor-centric lifestyle under the management of Dan Arnold, and it is crystal clear to us that LPL deeply cares about its advisors’ achievements. LPL supplies us with accessibility to a extensive assortment of impressive capabilities, business answers and research to assistance us give clients with differentiated activities as we produce the most up-to-date market updates, collaborative tips and investment possibilities.”

Cairo extra, “We have our eyes set on considerable development and enlargement around the following couple a long time, and we are confident that this new partnership will give us a aggressive benefit to assistance appeal to like-minded advisors. LPL’s community is expansive and its changeover processes are so economical for advisors who may possibly be intrigued in joining our workforce. We assume great matters ahead!”

Ken Hullings, LPL senior vice president, Organization Progress, mentioned, “We warmly welcome Dan and the full Elite workforce to the LPL local community. We are delighted to be their companion of decision as they keep on to evolve their exercise and produce much more value to clients. Our mission and sole function is to take treatment of our advisors so they can take treatment of their clients. As a chief in the impartial place, LPL is committed to furnishing advisors with a sturdy digital platform along with high-quality, impressive business answers developed to assistance advisors differentiate their exercise and thrive. We seem ahead to a extended-long lasting and successful partnership with Elite Economic Community.”

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Prospective Advisors, locate an LPL business development representative near you.

About LPL Economic
LPL Economic (Nasdaq: LPLA) was launched on the theory that the business should function for the advisor, and not the other way about. These days, LPL is a chief** in the markets we provide, supporting much more than 19,000 economic advisors, 800 institution-based investment programs and 450 impartial RIA corporations nationwide. We are steadfast in our dedication to the advisor-centered design and the perception that Americans should have accessibility to individualized steering from a economic advisor. At LPL, independence implies that advisors have the liberty they should have to decide on the business design, providers, and technological know-how resources that allow them to run their perfect exercise. And they have the liberty to manage their consumer associations, due to the fact they know their clients most effective. Simply set, we take treatment of our advisors, so they can take treatment of their clients.

** Best RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report) No. 1 Impartial Broker-Supplier in the U.S (Primarily based on total revenues, Economic Preparing journal 1996-2021) No. 1 supplier of 3rd-occasion brokerage providers to financial institutions and credit history unions (2020-2021 Kehrer Bielan Exploration & Consulting Annual TPM Report) Fortune 500 as of June 2021

* Worth approximated based on asset and keeping particulars furnished to LPL from the calendar year 2021

Securities and advisory providers presented through LPL Economic LLC, an SEC-registered broker-dealer and investment advisor. Member FINRA/ SIPC

During this conversation, the terms “financial advisors” and “advisors” are applied to refer to registered reps and/or investment advisor reps affiliated with LPL Economic LLC. We routinely disclose info that may well be significant to shareholders in the “Investor Relations” or “Press Releases” area of our web-site.

Elite Economic Community and LPL Economic are independent entities.

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