LPL Financial Welcomes Staples Financial
CHARLOTTE, N.C., July 20, 2020 (GLOBE NEWSWIRE)– LPL Financial LLC, a leading retail investment advisory company, independent broker-dealer and registered investment consultant (RIA) custodian, today announced that Kris Staples CWS ®, AIF ® and Trevor Johnson CWS ®, AIF ® of Staples Financial have joined LPL Financial’s broker-dealer and business authorized financial investment consultant (RIA) platforms, leveraging LPL as custodian. They reported having served around $150 million in brokerage and advisory assets *. They sign up with from Very first Allied Securities, part of the Cetera network of broker-dealers.
Based in Twin Cities, Minn., Staples Financial was established 45 years ago by Staples’ daddy, Art. From an early age Staples knew he would follow in his father’s steps, recalling the time when he was 10 and running monetary strategies with his sis in the backseat of his papa’s vehicle. Staples released his profession in 2000 under his dad’s mentorship, and Johnson signed up with business in 2008 as Art Staples began to transition into retirement. They are assisted by long time workplace supervisor Rachael Johnson.
” Trevor and I went into the company with a monetary preparation mindset. We share a passion for helping our customers grow and safeguard their legacies utilizing a strategy-based approach backed by detailed cash circulation preparation,” Staples said. The company’s customers primarily originate from the electrical market, although they likewise serve several company owners, executives and high-net-worth families. “We maintain a disciplined financial investment method to support customized prepare for the unique requirements of each client.”
Staples added, “The COVID-19 pandemic forced us to look for methods to be better and that landed at LPL Financial. LPL’s technology financial investments over the previous few years have actually propelled the firm to become an industry leader in innovation. The integrated platform within the ClientWorks digital environment, together with the fast reaction of the assistance groups, will permit us to execute on our promises no matter the outside uncertainty.” Staples likewise indicated that a few of their clients might see a significant reduction in their advisory costs on LPL’s platform.
Rich Steinmeier, LPL Financial handling director and divisional president, Organisation Advancement, stated, “We welcome Kris and Trevor to the LPL household and are honored they selected to partner with us in the next phase of their journey. Throughout these difficult times and frequently unsure market conditions, it is essential to examine who your partners are as well as what is very important to clients and the long-lasting health of your practice. Our dedication is to our advisors, and we will continuously invest in the innovation, resources and company solutions that can help them develop an efficient and sustainable practice. We eagerly anticipate supporting the Staples Financial team and the significant work they provide for their clients for years to come.”
About LPL Financial
LPL Financial (https://www.lpl.com) is a leader in the retail monetary advice market and the country’s biggest independent broker-dealer **. We serve independent monetary consultants, experts, and monetary organizations, offering them with the innovation, research study, cleaning and compliance services, and practice management programs they need to produce and grow successful practices. LPL allows them to provide unbiased guidance to millions of American households looking for wealth management, retirement planning, monetary planning and possession management options.
Securities and Advisory services used through LPL Financial, an authorized financial investment consultant. Member FINRA/ SIPC.
Staples Financial and LPL Financial are separate entities.
* Based upon prior organisation and represents possessions that would have been custodied at LPL Financial, rather than third-party custodians. Reported possessions and customer numbers have not been independently and completely confirmed by LPL Financial.
** Based upon total profits, Financial Preparation publication June 1996-2020
Throughout this interaction, the terms “financial advisors” and “consultants” consist of signed up representatives and/or financial investment advisor representatives connected with LPL Financial LLC, an SEC registered broker-dealer and financial investment adviser.