CHARLOTTE, N.C., Jan. 05, 2022 (Globe NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) announced today that Elite Economical Community has joined LPL Financial’s broker-seller, company registered financial commitment advisor (RIA) and custodial platforms. The massive business reported to LPL that it served about $one billion in advisory, brokerage and retirement plan assets,* and joins LPL from Securities The us, element of the Advisor Team network of broker-dealers.
Due to the fact 1992, Elite Economical Community has served customers in all facets of their economic life. Established by President and CEO Dan Cairo, the Huntington Seashore, Calif. group is comprised of thirty independent economic advisors who acquire a holistic technique to offering personalised companies and proactive prosperity management. “Our goal is to manual customers as a result of the a lot of economic milestones in their life, from saving for a child’s college tuition to creating prosperity to residing in retirement,” claimed Cairo, who serves as both economic advisor and business leader. The firm’s leadership group also involves Craig Wong, running associate, and Dan’s wife, Cindy Cairo, co-proprietor and CFO.
As Elite Economical Community continues to evolve, the group chose LPL for the future chapter of their enterprise. “LPL is a strategic associate to support us reinvent ourselves,” Cairo claimed. “We value the advisor-centric culture beneath the leadership of Dan Arnold, and it is crystal clear to us that LPL deeply cares about its advisors’ success. LPL gives us with accessibility to a extensive assortment of ground breaking capabilities, enterprise remedies and exploration to support us provide customers with differentiated ordeals as we produce the latest industry updates, collaborative advice and financial commitment alternatives.”
Cairo included, “We have our eyes set on major development and growth more than the future number of years, and we are confident that this new partnership will give us a competitive gain to support entice like-minded advisors. LPL’s network is expansive and its changeover processes are so productive for advisors who could be interested in joining our group. We hope good factors in advance!”
Ken Hullings, LPL senior vice president, Business enterprise Advancement, claimed, “We warmly welcome Dan and the whole Elite group to the LPL community. We are delighted to be their associate of preference as they continue on to evolve their practice and produce additional value to customers. Our mission and sole goal is to acquire care of our advisors so they can acquire care of their customers. As a leader in the independent area, LPL is fully commited to offering advisors with a sturdy digital platform alongside with substantial-good quality, ground breaking enterprise remedies created to support advisors differentiate their practice and prosper. We appear ahead to a extensive-long lasting and productive connection with Elite Economical Community.”
Possible Advisors, uncover an LPL enterprise improvement representative near you.
About LPL Economical
LPL Economical (Nasdaq: LPLA) was established on the theory that the firm ought to operate for the advisor, and not the other way close to. Nowadays, LPL is a leader** in the markets we serve, supporting additional than 19,000 economic advisors, 800 establishment-primarily based financial commitment systems and 450 independent RIA companies nationwide. We are steadfast in our commitment to the advisor-centered design and the belief that Americans deserve accessibility to personalised steerage from a economic advisor. At LPL, independence suggests that advisors have the independence they deserve to select the enterprise design, companies, and technology means that enable them to operate their best practice. And they have the independence to handle their client associations, because they know their customers best. Only put, we acquire care of our advisors, so they can acquire care of their customers.
** Top rated RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. one Impartial Broker-Vendor in the U.S (Based on total revenues, Economical Setting up magazine 1996-2021) No. one company of 3rd-social gathering brokerage companies to banks and credit score unions (2020-2021 Kehrer Bielan Investigate & Consulting Yearly TPM Report) Fortune five hundred as of June 2021
* Value approximated primarily based on asset and keeping information presented to LPL from the yr 2021
Securities and advisory companies provided as a result of LPL Economical LLC, an SEC-registered broker-seller and financial commitment advisor. Member FINRA/ SIPC
Through this conversation, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or financial commitment advisor representatives affiliated with LPL Economical LLC. We routinely disclose facts that may possibly be significant to shareholders in the “Investor Relations” or “Press Releases” segment of our web page.
Elite Economical Community and LPL Economical are different entities.
Join with Us!
Media Get in touch with: