CHARLOTTE, N.C., Dec. twenty, 2021 (World NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) introduced now that Sterling Prosperity Team has joined LPL Financial’s broker-vendor, corporate registered financial investment advisor (RIA) and custodial platforms. The Sterling staff reported to LPL that it served about $390 million in advisory, brokerage and retirement program property.* They be part of from MML Traders Companies.

Founder Robert Sterling Madden CLU, ChFC, CFP® started off the Melville, N.Y.-centered company much more than 35 several years ago when he discovered his enthusiasm for encouraging other folks pursue their retirement dreams. He is joined by his son, Michael Sterling Madden, CFP®, who has twenty several years of practical experience in the financial companies business. The Sterling Prosperity Group’s vision is to aid shoppers explain their definition of financial success and give them with extended-phrase financial techniques to get there.

“As consumer-centric advisors, we want to make a variation in every client’s everyday living,” Bob Madden mentioned. “We pledge our expertise and methods to aid our shoppers operate toward what is significant to their financial wellbeing by furnishing personalization, professionalism and good quality services.”

As the loved ones staff prepares for long term advancement and the next chapter of their company, they chose to align with LPL and JFC Advisor Network. “We expended at least a 12 months of due diligence to ascertain what was finest for our shoppers and company,” Bob Madden mentioned. “We appeared at technological innovation capabilities, breadth of financial investment solutions, research and methods ahead of concluding that LPL’s built-in system is simply unrivaled. We also take pleasure in the loved ones natural environment and additional guidance presented by JFC. We wholeheartedly consider this new relationship will increase the consumer practical experience, and allow for us to serve their demands much more properly and efficiently.”

Outside the house of operate, the staff is hugely committed to offering back again, in particular to individuals who serve in the armed forces. Bob Madden is a United States Naval Academy graduate who served as a Area Warfare Officer for 6 several years prior to joining the financial companies business. He is co-founder and president of Price tag of Freedom, Inc., which has a mission to pass the core values of honor, courage and commitment to long term generations. He continues to be passionate about honoring troopers and marines, and every 12 months hosts wounded warriors and hurt marines at an once-a-year Price tag of Freedom weekend held at the Military-Navy activity. He is on the board of administrators for America’s Vet Puppies and the Guideline Pet dog Basis, and also supports Wounded Maritime Semper Fi Fund and the Travis Manion Basis.

“It is with wonderful satisfaction that we welcome Bob and Mike Madden of Sterling Prosperity Team to JFC Advisor Network and LPL,” mentioned Jack Connealy, founder of JFC Advisor Network. “Bob has devoted his everyday living to serving his country, local community and shoppers, and he sets an exemplary conventional for us all both equally individually and professionally. We are honored that Bob and Mike have picked out to partner with JFC and seem forward to supporting their continued advancement for several years to occur.”

Scott Posner, LPL government vice president, Enterprise Improvement, said, “We extend a warm welcome to Bob and Michael, and are honored to have them be a aspect of the LPL local community. Almost everything we do at LPL is developed to give advisors with the guidance they need to have to operate successful practices. Their greatness is our goal. We are committed to furnishing highly effective capabilities, modern technological innovation and robust company solutions to aid maximize performance and produce significant, differentiated consumer experiences. We seem forward to supporting Sterling Prosperity Team for several years to occur.”

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About LPL Economical
LPL Economical (Nasdaq: LPLA) was launched on the theory that the company really should operate for the advisor, and not the other way around. Today, LPL is a leader** in the markets we serve, supporting much more than 19,000 financial advisors, 800 establishment-centered financial investment applications and 450 impartial RIA companies nationwide. We are steadfast in our commitment to the advisor-centered design and the belief that Americans deserve entry to customized guidance from a financial advisor. At LPL, independence signifies that advisors have the independence they deserve to pick the company design, companies, and technological innovation methods that allow for them to operate their perfect exercise. And they have the independence to take care of their consumer interactions, for the reason that they know their shoppers finest. Merely place, we consider care of our advisors, so they can consider care of their shoppers.

* Price approximated centered on asset and holding information presented to LPL from the 12 months 2021

** Major RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. one Impartial Broker-Dealer in the U.S (Based mostly on complete revenues, Economical Scheduling magazine 1996-2021) No. one supplier of 3rd-social gathering brokerage companies to banking companies and credit history unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report) Fortune 500 as of June 2021

Securities and advisory companies provided as a result of LPL Economical LLC, an SEC-registered broker-vendor and financial investment advisor. Member FINRA/ SIPC

During this interaction, the terms “financial advisors” and “advisors” are employed to refer to registered representatives and/or financial investment advisor representatives affiliated with LPL Economical LLC. We routinely disclose details that may possibly be significant to shareholders in the “Investor Relations” or “Press Releases” section of our web page.

Sterling Prosperity Team, JFC Advisor Network and LPL Economical are separate entities.

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