CHARLOTTE, N.C., Sept. sixteen, 2021 (World NEWSWIRE) — LPL Money LLC (Nasdaq:LPLA) today declared that Sandstone Prosperity Management, the investment plan located at Heartland Lender, has joined LPL’s Institution Providers platform, aligned with JFC Advisor Community (JFC), a substantial enterprise that supports LPL-affiliated advisors. Sandstone Prosperity Management’s financial pros claimed beforehand having served about $300 million in brokerage, advisory and retirement prepare belongings*. They ended up beforehand affiliated with Raymond James and Royal Alliance, element of the Advisor Team network.
Heartland Lender is a family-owned local community establishment dating again to 1899, now serving clients in thirteen destinations across central Nebraska. With the go to LPL, the investment plan has been rebranded to Sandstone Prosperity Management, paying out homage to the exceptional rock formations observed throughout the state. Tyler Daly, a 2020 Forbes Prime Subsequent-Gen Prosperity Advisor, manages the investment heart and is joined by fellow advisor Mike Theis and two assistants.
Wanting to streamline their enterprise, decreased yearly costs for clients and generate differentiated activities, the Sandstone Prosperity Management team selected to be part of LPL and JFC for the future chapter of the enterprise. “We’ve observed that LPL has a actually strong on line retirement preparing portal and other increased technology choices that will enable us streamline our enterprise to concentrate additional on clients and make their investment activities even much better,” Daly mentioned.
The fact that JFC Advisor Community is located in nearby Lincoln, Neb., was one more big draw. “To have a nearby team below in our corner is a big profit. We can build personalized associations with the JFC team and increase our network,” Daly mentioned.
Jack Connealy, founder of JFC Advisor Community, stated, “JFC is exited to welcome Tyler, Mike and the Sandstone plan to our family of advisors located at an establishment. They are a class act team that we are privileged to be capable to assist. As a Nebraska-dependent corporation, working with advisors located at nearby financial institutions normally usually takes JFC again to our roots. We glance ahead to a lengthy-lasting and productive partnership with Sandstone Prosperity Management.”
Ken Hullings, LPL senior vice president and head of enterprise recruiting, mentioned, “We prolong a warm welcome to Tyler and Mike and congratulate JFC for escalating its network. We understand the exceptional needs and possibilities for our institutional clients and are dedicated to supporting them with a leading prosperity management platform, ground breaking technology, strategic consultative assist and focused provider experience that can enable them differentiate their enterprise and provide additional worth to their clients and establishment. We glance ahead to supporting the whole Sandstone Prosperity Management team for many years to come.”
Advisors, discover an LPL enterprise improvement representative near you.
About LPL Money
LPL Money (Nasdaq: LPLA) was started on the theory that the company need to work for the advisor, and not the other way all over. Currently, LPL is a leader** in the marketplaces we provide, supporting additional than 19,000 financial advisors, 800 establishment-dependent investment applications and 450 unbiased RIA corporations nationwide. We are steadfast in our determination to the advisor-centered design and the perception that Us citizens should have access to aim advice from a financial advisor. At LPL, independence signifies that advisors have the flexibility they should have to choose the enterprise design, products and services, and technology resources that enable them to operate their perfect observe. And they have the flexibility to take care of their shopper associations, simply because they know their clients most effective. Just place, we get care of our advisors, so they can get care of their clients.
** Prime RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. 1 Independent Broker-Supplier in the U.S (Centered on total revenues, Money Organizing journal 1996-2021) No. 1 provider of third-bash brokerage products and services to financial institutions and credit history unions (2020-2021 Kehrer Bielan Exploration & Consulting Annual TPM Report) Fortune five hundred as of June 2021
*Centered on prior enterprise and represents belongings that would have been custodied at LPL Money, instead than third-bash custodians. Reported belongings and shopper numbers have not been independently and thoroughly verified by LPL Money.
Securities and advisory products and services are supplied by means of LPL Money (LPL), a registered investment advisor and broker-supplier (member FINRA/SIPC). Insurance goods are supplied by means of LPL or its accredited affiliate marketers. Heartland Lender and Sandstone Prosperity Management are not registered as a broker-supplier or investment advisor. Registered reps of LPL offer goods and products and services making use of Sandstone Prosperity Management, and may perhaps also be employees of Heartland Lender. These goods and products and services are staying supplied by means of LPL or its affiliate marketers, which are individual entities from, and not affiliate marketers of Heartland Lender, JFC Advisor Community or Sandstone Prosperity Management. Securities and coverage supplied by means of LPL or its affiliate marketers are:
- Not Insured by FDIC or Any Other Government Agency
- Not Lender Guaranteed
- Not Lender Deposits or Obligations
- May Drop Value
All through this interaction, the terms “financial advisors” and “advisors” are used to refer to registered reps and/or investment advisor reps affiliated with LPL Money LLC. We routinely disclose information and facts that may perhaps be essential to shareholders in the “Investor Relations” or “Press Releases” section of our site.
The Forbes Subsequent-Gen Wealth Advisors rankings, produced by SHOOK Exploration, is dependent on an algorithm of qualitative criterion, typically gained by means of telephone and in-particular person due diligence interviews, and quantitative data. People advisors that are deemed are less than forty, have a bare minimum of 4 years’ experience, and the algorithm weighs factors like profits trends, belongings less than management, compliance records, field experience and these that encompass the greatest criteria of most effective procedures. Portfolio effectiveness is not a criterion due to varying shopper goals and lack of audited data
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