LPL Update - March

March was an incredibly busy and exciting month here at LPL Financial. We recognized the many contributions of women throughout the firm and the industry during Women’s History Month , we hosted our very own LPL March Madness bracket where Account View came out victorious, and we celebrated a number of new partnerships as advisors pursued increased independence and support.

While there were many moments throughout March to celebrate, we also faced uncertainty with the Silicon Valley Bank and Signature Bank failures. During times of market volatility, I’m extremely grateful for our world-class team of LPL Research experts who are keeping our advisors and institutions informed, so they can help their clients navigate the markets and economy.

Here are some of the highlights from LPL throughout March.

LPL Milestones

We were honored to receive the 2023 Technology Innovation Award from the Bank Insurance & Securities Association (BISA) for Model Wealth Portfolios - our highly innovative platform designed to offer advisors the flexibility needed to deliver clients customized investment solutions. This award recognizes firms that help advance the industry through their commitment to technology innovations, and we’re thrilled to receive this recognition on behalf of the financial advisors and institutions we serve.

Notable Joins

Financial advisor Timothy Lanier has constantly strived to grow and evolve his business throughout his career, earning multiple accreditations while remaining deeply committed to doing what's best for his clients. In that spirit, we are honored that Tim chose LPL to support the next chapter of his business and the further evolution of Lanier Wealth Management . Welcome aboard, Tim!

With great excitement we welcomed the newly independent and highly successful team of financial advisors at Carnegie Private Wealth to the LPL Strategic Wealth Services family in March. This team’s track record and commitment to going above and beyond for their clients is admirable, and we wish them all the best as they embark on this next chapter building their ideal practice.

Following Carnegie Private Wealth, we welcomed Scott Glasson to our Linsco by LPL family, supporting the launch of his new practice, Glasson Financial. With 28 years of industry experience, Scott brings a wealth of knowledge, care and expertise to all of his client relationships. We’re proud to offer him the freedom, autonomy, technology and support to further deepen those client relationships and create a thriving business on his terms. Here's to many more years of success for you, Scott!

Seeking more flexibility, the “right relationship,” and the opportunity to further his pursuit of successfully serving clients, financial advisor Nick Lalonde joined LPL in March, launching his new independent practice, Third Act Wealth Management. Our mutual unwavering dedication to putting clients first made Nick a tremendous candidate for a partnership with LPL, and we’re thrilled to be by his side on his journey to independence.??

After spending months interviewing different firms to help maximize their clients’ benefit, financial advisors Lucas Mijares and Jesse Ettlin selected LPL to launch their new independent practice, Zion Capital Wealth Management. The partnership with LPL allows the Zion team to remove the distraction of administrative work so they can focus their efforts of growing their business in a client-centric way. We’re excited to have them on board and we look forward to seeing the impact they will continue making in the lives of their clients and their community.

Seasoned advisors Ron Clark and George Brkljacic were years into their search for a committed partner that would allow them to enhance their client experience and expand their practice when they found LPL. According to George, LPL “stood out like a lighthouse calling us home.” We are honored to be that guiding light for Ron, George and the entire Money Matters team when it comes to serving their clients evolving needs, and we wish them all success in this next chapter.

We proudly welcomed Joaquin Lopez to LPL in March , helping to bring his clients enhanced digital experiences, increased support, and a broader service model to keep customer support a top priority. We are confident that these resources will enable Joaquin to take his business to the next level, and we look forward to many prosperous years ahead for Lopez Wealth Management.

Multigenerational practice, SC Financial Group confidently joined our growing community of financial advisors this month in pursuit of providing more consistent, elevated experiences for their clients. As we warmly welcome them into our community, we reaffirm our commitment to empowering their team of advisors, providing them with innovative technology and robust business solutions to help increase efficiency and create meaningful, differentiated client experiences. We look forward to partnering with SC Financial Group to help them run a thriving practice now and into the future.

Seeking freedom and flexibility, financial advisor Kemp Cunningham chose to move his business to LPL this month, launching his new practice, Emerald River Wealth Management. Every day, Kemp works to be better for his clients, offering them the best experiences possible. It's an honor he selected LPL as his partner to affirm this commitment to his clients' success, and we're proud to support him on this journey.

Advisor Spotlight

I want to take a moment to highlight and recognize all of the top-producing advisor attendees who were able to join us in March for LPL Summit and LPL Masters.

LPL Summit is our annual top producer conference where we host advisors who represent the pinnacle of success in our industry. This year’s event brought together a prestigious community of more than 200 advisors and LPL leaders in beautiful, scenic Barcelona to network, share and celebrate their hard work and achievements. Thank you to all who joined us for #LPLSummit 2022!

On the heels of Summit was LPL Masters, a conference dedicated to celebrating the outstanding performance of LPL’s top 6% of clients. We hosted over 700 advisors during the two waves of the event, which took place in La Quinta, California, with the goal of inspiring, uncovering valuable insights and commemorating their incredible achievements of the past year. We are proud to honor each of you and we are grateful for all who were able to attend!

I look forward to these events every year and I am grateful to have the opportunity to celebrate our clients’ success alongside them.