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LPL Financial Welcomes Sterling Wealth Group

CHARLOTTE, N.C., Dec. 20, 2021 (World NEWSWIRE) — LPL Fiscal LLC (Nasdaq:LPLA) announced today that Sterling Wealth Team has joined LPL Financial’s broker-supplier, company registered financial investment advisor (RIA) and custodial platforms. The Sterling group reported to LPL that it served somewhere around $390 million in advisory, brokerage and retirement plan belongings.* They join from MML Traders Products and services.

Founder Robert Sterling Madden CLU, ChFC, CFP® started off the Melville, N.Y.-based mostly firm extra than 35 yrs back when he uncovered his enthusiasm for assisting others go after their retirement dreams. He is joined by his son, Michael Sterling Madden, CFP®, who has 20 yrs of working experience in the fiscal services field. The Sterling Wealth Group’s eyesight is to assist shoppers clarify their definition of fiscal good results and present them with extended-expression fiscal tactics to get there.

“As consumer-centric advisors, we want to make a change in every client’s life,” Bob Madden stated. “We pledge our know-how and methods to assist our shoppers perform toward what is significant to their fiscal wellbeing by providing personalization, professionalism and quality services.”

As the family members group prepares for long term growth and the upcoming chapter of their business, they selected to align with LPL and JFC Advisor Network. “We put in at minimum a year of thanks diligence to ascertain what was most effective for our shoppers and business,” Bob Madden stated. “We seemed at technological know-how capabilities, breadth of financial investment possibilities, exploration and methods prior to concluding that LPL’s built-in system is merely unmatched. We also respect the family members setting and additional help offered by JFC. We wholeheartedly think this new relationship will increase the consumer working experience, and make it possible for us to provide their wants extra effectively and efficiently.”

Exterior of perform, the group is remarkably committed to providing again, specifically to these who provide in the armed forces. Bob Madden is a United States Naval Academy graduate who served as a Surface Warfare Officer for 6 yrs prior to joining the fiscal services field. He is co-founder and president of Cost of Flexibility, Inc., which has a mission to move the main values of honor, braveness and commitment to long term generations. He stays passionate about honoring soldiers and marines, and every year hosts wounded warriors and hurt marines at an yearly Cost of Flexibility weekend held at the Military-Navy sport. He is on the board of directors for America’s Vet Canines and the Guidebook Dog Foundation, and also supports Wounded Maritime Semper Fi Fund and the Travis Manion Foundation.

“It is with great delight that we welcome Bob and Mike Madden of Sterling Wealth Team to JFC Advisor Network and LPL,” stated Jack Connealy, founder of JFC Advisor Network. “Bob has focused his life to serving his state, local community and shoppers, and he sets an exemplary standard for us all the two individually and skillfully. We are honored that Bob and Mike have decided on to associate with JFC and glimpse forward to supporting their continued growth for yrs to appear.”

Scott Posner, LPL govt vice president, Small business Progress, stated, “We prolong a heat welcome to Bob and Michael, and are honored to have them be a aspect of the LPL local community. Every little thing we do at LPL is developed to present advisors with the help they will need to operate successful practices. Their greatness is our target. We are committed to providing highly effective capabilities, impressive technological know-how and strong business remedies to assist boost efficiency and create meaningful, differentiated consumer activities. We glimpse forward to supporting Sterling Wealth Team for yrs to appear.”

Advisors, find an LPL business enhancement representative near you.

About LPL Fiscal
LPL Fiscal (Nasdaq: LPLA) was established on the basic principle that the firm should perform for the advisor, and not the other way close to. Currently, LPL is a leader** in the marketplaces we provide, supporting extra than 19,000 fiscal advisors, 800 institution-based mostly financial investment programs and 450 independent RIA companies nationwide. We are steadfast in our commitment to the advisor-centered design and the belief that People in america ought to have entry to personalised steerage from a fiscal advisor. At LPL, independence usually means that advisors have the freedom they ought to have to pick out the business design, services, and technological know-how methods that make it possible for them to operate their ideal apply. And they have the freedom to control their consumer relationships, since they know their shoppers most effective. Only place, we just take care of our advisors, so they can just take care of their shoppers.

* Price approximated based mostly on asset and keeping aspects offered to LPL from the year 2021

** Best RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report) No. one Independent Broker-Seller in the U.S (Primarily based on total revenues, Fiscal Arranging magazine 1996-2021) No. one company of 3rd-occasion brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Analysis & Consulting Once-a-year TPM Report) Fortune five hundred as of June 2021

Securities and advisory services made available by way of LPL Fiscal LLC, an SEC-registered broker-supplier and financial investment advisor. Member FINRA/ SIPC

Throughout this interaction, the terms “financial advisors” and “advisors” are utilized to refer to registered associates and/or financial investment advisor associates affiliated with LPL Fiscal LLC. We routinely disclose info that could be significant to shareholders in the “Investor Relations” or “Press Releases” segment of our website.

Sterling Wealth Team, JFC Advisor Network and LPL Fiscal are independent entities.

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Media Call:
Lauren Hoyt-Williams
(980) 321-1232
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