June 21, 2024


Imagination at work

LPL Financial, JFC Advisor Network Welcome First Legacy Wealth Management

CHARLOTTE, N.C., Sept. 29, 2021 (Globe NEWSWIRE) — LPL Economic LLC (Nasdaq: LPLA) introduced these days that the team at Very first Legacy Wealth Management has joined LPL Financial’s broker-supplier, corporate registered expense advisor (RIA) and custodial platforms, aligned with massive organization JFC Advisor Community. The team documented serving above $400 million in advisory, brokerage and retirement assets*. They join LPL from Avantax Financial investment Services, portion of Blucora.

With workplaces in San Angelo and Large Spring, Texas, Very first Legacy Wealth Management, with above seventy five decades of put together encounter, is a tax-based observe that strives to offer shoppers with separately personalized financial guidance centered on tax implications and prolonged-expression aims. Positioning them selves with CPAs, the team specializes in retirement assets, prosperity advancement and legacy preparing. “Our priority is supplying a customized encounter for our shoppers and remaining a team they can usually call on,” stated financial advisor Dennis Reed, CPA. “We delight in supporting our shoppers include charitable giving in their financial plans, and we also work with public charities to enable them go on to provide our group.”

Reed is joined at Very first Legacy by fellow advisors Lance Modawell, AAMS and Steve Stone, CPA, CFP®. They are supported by three complete-time assistants, which includes Reed’s son, Walter Reed, who is operating toward an advisor position with plans to sooner or later develop the observe to Houston. Together, they are a near-knit team with extensive field encounter.

Why LPL is their chosen home
As the observe proceeds to increase, the Very first Legacy team identified to come across a new prosperity management companion to offer them with differentiated consumer encounters and more overall flexibility in how they function their company. “When we understood LPL’s consumer-oriented company design aligned with ours, the option to shift was an uncomplicated a single,” Reed stated. “We will be backed by the firm’s trusted and unwavering assist that emboldens us to dictate our company design, further build our observe and improve our consumer associations. We are excited about the wide range of solutions and the person-friendly interface that LPL’s platforms have to supply. Our shoppers can hope a more customized and seamless on the net encounter, put together with our diligent assist companies.”

Jack Connealy, founder of JFC Advisor Community, stated, “JFC Advisor Community is thrilled to welcome Very first Legacy to our expanding community of financial pros. At JFC, we are dedicated to furthering the success of our advisors and elevating their techniques, and we are honored to be entrusted with this mission by Very first Legacy. We seem forward to supporting Dennis, Lance, Steve and the complete Very first Legacy team.”

Scott Posner, LPL govt vice president, Company Advancement, stated, “We welcome to Dennis, Steve and Lance to the LPL group and congratulate JFC for expanding its community of good quality advisors. At LPL, we goal to redefine independence in our field and aim on a single central objective to provide our advisors. Our capabilities and methods are thoughtfully intended to allow advisors function their observe competently when paying out more time with their shoppers. We are continuously innovating our technological innovation and affiliation types, so our advisors can make their ideal observe and increase higher than the competitiveness. We seem forward to supporting Very first Legacy Wealth Management in a prolonged-lasting partnership and supporting their company prosper.”

Examine about other companies that not too long ago joined LPL in the LPL Economic Information and Media section of LPL.com.

Advisors, come across an LPL company advancement representative near you.

About LPL Economic
LPL Economic (Nasdaq: LPLA) was launched on the basic principle that the business should work for the advisor, and not the other way all-around. Currently, LPL is a chief** in the markets we provide, supporting more than 19,000 financial advisors, 800 establishment-based expense courses and 450 unbiased RIA companies nationwide. We are steadfast in our determination to the advisor-centered design and the belief that People ought to have entry to goal steering from a financial advisor. At LPL, independence usually means that advisors have the freedom they ought to have to pick the company design, companies, and technological innovation methods that allow them to run their ideal observe. And they have the freedom to control their consumer associations, mainly because they know their shoppers very best. Merely put, we choose care of our advisors, so they can choose care of their shoppers.

** Top RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. one Independent Broker-Supplier in the U.S. (Primarily based on full revenues, Economic Setting up journal June 1996-2020) No. one supplier of 3rd-celebration brokerage companies to financial institutions and credit history unions (2020-2021 Kehrer Bielan Investigation & Consulting Yearly TPM Report) Fortune 500 as of June 2021

*Primarily based on prior company and represents assets that would have been custodied at LPL Economic, rather than 3rd-celebration custodians. Noted assets and consumer quantities have not been independently and fully verified by LPL Economic.

Securities and advisory companies made available as a result of LPL Economic LLC, an SEC-registered broker-supplier and expense advisor. Member FINRA/ SIPC

During this interaction, the phrases “financial advisors” and “advisors” are utilised to refer to registered reps and/or expense advisor reps affiliated with LPL Economic LLC. We routinely disclose details that may possibly be crucial to shareholders in the “Investor Relations” or “Press Releases” section of our web-site.

Very first Legacy Wealth Management LLC, JFC Advisor Community and LPL Economic are individual entities.

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Media Speak to:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]