LPL Update - June

This June has been a busy time of year for all of us at LPL Financial . We’ve been hard at work planning our upcoming annual Focus conference while also enjoying celebrating fatherhood, the historical legacy of Juneteenth and Pride Month for our LGBTQ+ advisor and employee community.

As we officially close out Q2 and enter into the second half of 2023, we are grateful to reflect on an exciting first half of the year, welcoming new clients to the LPL family while supporting the growth and success of our advisors and institution partners.

Here are some of our recent highlights.

LPL Milestones

This month our technology executive team welcomed Nitesh Ambastha as executive vice president and Group CIO of Technology Investor Experience and Kristie Edling-Day as executive vice president and Group CIO of Technology Advisor Experience. Developing technology capabilities that empower our advisors and institutions to run thriving businesses is a top priority at LPL, and the addition of Kristie and Nitesh will further help us deliver world-class technology solutions and product offerings for our clients.

In the exciting world of LPL Research , we announced two new industry experts , Kristian Kerr and Jina Yoon, to our Investment Research Team, further expanding the knowledge and expertise financial advisors rely on to deliver intelligence and data that help them make informed decisions for their clients.

It’s an honor to welcome Nitesh, Kristie, Kristian, and Jina to the LPL leadership family!

Notable Joins

After considering several wealth-management firms, financial advisor Amy Lawrence partnered with LPL this month, launching her new independent firm, Gorilla Investments. We are grateful Amy found LPL to be the best fit for her clients and business, and we look forward to providing her team with a broader range of offerings, resources, innovative tools and capabilities to enhance the speed and quality of their services. Welcome aboard, Amy!

Financial advisor Digger Bujnoch, and the Hoff Bujnoch & Associates team joined LPL this month, driven by their desire to spend more time with clients and enhance experiences through increased strategic and digital support. Since creating their business in 2014, this team has earned a reputation for always going the extra mile for their clients. We couldn’t be more grateful to have them join the LPL family for their next business chapter.

Seeking cutting-edge tools and robust resources that would allow them to serve their clients at a higher level, financial advisors Todd Rosel and Larry D. Smith turned to LPL to launch their new independent firm, Integrity Wealth Advisor Group. We are thrilled to partner with Todd, Larry and the team in their journey to elevate their practice, and we look forward to helping add more value to their clients for many years to come.

After considering what’s best for their growing business, financial advisors Rodney Van Buren and Whitney Colton partnered with LPL this month, launching their new independent practice, Van Buren Wealth Management. We are grateful that their team recognized that the independent model provides more freedom and flexibility to build their practice on their terms, and we look forward to providing them with LPL’s industry-leading technology to enable them further to adapt and grow their practice.

Seeking an independent model that would allow him to put his clients’ best interests first, we proudly welcomed financial advisor Brian Olson to the firm this month, partnering with him in the foundation of his new practice, Forte Financial Planning. Brian’s mission is to help people navigate the complex world of finance and invest in their future. We look forward to offering him the autonomy needed to run his business on his terms and the ability to have more confidence in planning each of his client’s financial futures. Welcome, Brian!

We were honored to welcome 20-year industry veteran Adam Legate and his team at VFG Wealth Management and Benefit Solutions to our LPL advisor community this month. Their firm’s client-first philosophy is something we truly resonate with at LPL and we couldn’t be more excited to support their mission by providing innovative technology, robust resources and strategic business solutions designed to help their practice thrive.

In exciting news for our employee advisor model, Linsco by LPL , financial advisor Christopher J. Coffin joined the family this month to launch Coffin Financial Group. We are truly honored to partner with Chris, offering him the flexibility to build the business he wants while backed by LPL’s premier technology, resources and support for his firm’s administrative and marketing needs. We wish nothing but success for Chris and his team and look forward to an exciting journey ahead for their new independent practice.

Seeking the right partner to help them keep up with their clients’ growing needs, financial advisors Joe Di Biasi, Greg McElheny, and their team at Blue Sky Wealth Management made a move to LPL this month for their next chapter of business. We are grateful to be their chosen partner and honored that they recognized LPL as a forward-thinking and progressive firm that understands the importance of investing in innovative technology to help advisors work efficiently and provide exceptional client experiences.

In LPL Strategic Wealth Services news, we proudly welcomed Isaac J. Hart, Robert Entwistle Jr., Matthew L Malvitz and Sam Asani to LPL, congratulating them on the launch of Omnia Wealth Group . LPL Strategic Wealth Services is designed for advisors who want to own their businesses without the burden of operational and business management responsibilities. We are grateful that the Omnia team appreciates the added resources available through Strategic Wealth, and we are excited to partner with their team on their journey to take ownership of their practice.

Last but not least, we announced financial advisors Scott Hartman and Adam Johnston to LPL as they seek to gain more independence and control while enhancing their offerings. It’s an honor to be their chosen partner, and we are grateful to support them on their journey to strengthen their practice and create differentiated experiences for their clients.

Event Spotlight

This month we had a great time hosting our valued top producers from LPL-affiliated banks and credit unions during our first-ever annual Institution Services (IS) Summit.

This new conference is specifically designed to celebrate the achievements and advance the specific business needs of financial professionals with qualifying financial institutions.

I’m grateful we had the opportunity to come together in a world-class location to share timely updates about LPL’s institution services strategy, discuss what new products and services are in the pipeline, share experiences with top-level peers, and receive industry trends most relevant to our clients businesses.

Thank you to all who joined us for this valuable event in beautiful Vancouver, Canada!

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