CHARLOTTE, N.C., Sept. 28, 2021 (World NEWSWIRE) — LPL Economic LLC nowadays introduced that three registered expenditure advisor (RIA) firms operate by LPL-affiliated advisors have been incorporated on Barron’s checklist of Major a hundred RIA Firms.
Firms honored on this year’s checklist consist of:
- #7 Private Advisor Group
- #nine Prosperity Improvement Advisory Companies
- #26 Stratos Prosperity Companions
“From all of us at LPL, we congratulate the management, advisors and assistance teams for every single of these top RIAs,” explained Angela Xavier, LPL govt vice president, Independent Advisor Companies. “With a potent dedication to the RIAs we serve, we are thrilled to see these firms and their network of advisors excel on a countrywide scale. This prestigious market recognition is a testomony to every single firm’s customer-centric philosophy and demonstrates the price of the independent design to help more option, overall flexibility and personalization. From the start off, we have wanted our RIA owners and advisors to know that we are more than just a custodian – we’re listed here to support them as a real companion. We’re hunting forward to continuing potent partnerships with these advisors and their RIA firms as they prosper and expand their firms.”
To qualify for the checklist, firms will have to have at the very least $1 billion in property under administration. They are also calculated by technological innovation paying, employees range, succession organizing and other metrics. According to Barron’s, the objective for the position is to glow a highlight on the nation’s very best economical advisors, with an eye towards raising benchmarks in the market.
Understand more about LPL’s RIA choices.
About LPL Economic
LPL Economic (Nasdaq: LPLA) was established on the principle that the company ought to get the job done for the advisor, and not the other way about. Nowadays, LPL is a leader* in the markets we serve, supporting more than 19,000 economical advisors, 800 institution-based mostly expenditure packages and 450 independent RIA firms nationwide. We are steadfast in our dedication to the advisor-centered design and the belief that Us residents have earned access to aim advice from a economical advisor. At LPL, independence signifies that advisors have the freedom they have earned to choose the organization design, services, and technological innovation assets that allow them to operate their fantastic exercise. And they have the freedom to handle their customer interactions, since they know their shoppers very best. Simply just place, we take care of our advisors, so they can take care of their shoppers.
* Major RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Independent Broker-Vendor in the U.S (Based mostly on full revenues, Economic Scheduling magazine June 1996-2020) No. 1 service provider of third-party brokerage services to banking institutions and credit rating unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report) Fortune five hundred as of June 2021
Securities and advisory services presented via LPL Economic LLC, an SEC- registered broker-vendor and expenditure advisor. Member FINRA/SIPC.
All through this communication, the phrases “financial advisors” and “advisors” are made use of to refer to registered reps and/or expenditure advisor reps affiliated with LPL Economic LLC. We routinely disclose info that may perhaps be crucial to shareholders in the “Investor Relations” or “Press Releases” part of our internet site.
LPL Economic, Barron’s and the advisor firms shown are all different entities.
A complete explanation of the methodologies for these awards can be found here.
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