April 21, 2024


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LPL Financial, JFC Advisor Network Welcome Sandstone Wealth Management

CHARLOTTE, N.C., Sept. 16, 2021 (World NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) today declared that Sandstone Prosperity Management, the expenditure application located at Heartland Bank, has joined LPL’s Establishment Solutions platform, aligned with JFC Advisor Network (JFC), a big business that supports LPL-affiliated advisors. Sandstone Prosperity Management’s fiscal industry experts noted formerly obtaining served about $three hundred million in brokerage, advisory and retirement plan assets*. They were being formerly affiliated with Raymond James and Royal Alliance, section of the Advisor Group network.

Heartland Bank is a household-owned community establishment relationship again to 1899, now serving purchasers in thirteen areas across central Nebraska. With the move to LPL, the expenditure application has been rebranded to Sandstone Prosperity Management, having to pay homage to the exceptional rock formations found throughout the state. Tyler Daly, a 2020 Forbes Leading Future-Gen Prosperity Advisor, manages the expenditure centre and is joined by fellow advisor Mike Theis and two assistants.

Hunting to streamline their business enterprise, decreased annual expenses for purchasers and create differentiated encounters, the Sandstone Prosperity Management staff selected to be part of LPL and JFC for the up coming chapter of the business enterprise. “We’ve found that LPL has a truly strong on the internet retirement setting up portal and other improved know-how choices that will enable us streamline our business enterprise to focus extra on purchasers and make their expenditure encounters even far better,” Daly reported.

The fact that JFC Advisor Network is located in nearby Lincoln, Neb., was a further big attract. “To have a community group in this article in our corner is a big reward. We can create private relationships with the JFC staff and increase our network,” Daly reported.

Jack Connealy, founder of JFC Advisor Network, mentioned, “JFC is exited to welcome Tyler, Mike and the Sandstone application to our household of advisors located at an establishment. They are a course act staff that we are lucky to be able to guidance. As a Nebraska-based mostly organization, doing work with advisors located at community financial institutions often can take JFC again to our roots. We look forward to a very long-long lasting and successful connection with Sandstone Prosperity Management.”

Ken Hullings, LPL senior vice president and head of business recruiting, reported, “We lengthen a heat welcome to Tyler and Mike and congratulate JFC for escalating its network. We realize the exceptional demands and opportunities for our institutional purchasers and are dedicated to supporting them with a major wealth management platform, revolutionary know-how, strategic consultative guidance and devoted assistance encounter that can enable them differentiate their business enterprise and provide extra benefit to their purchasers and establishment. We look forward to supporting the total Sandstone Prosperity Management staff for several years to come.”

Advisors, come across an LPL business enterprise enhancement representative near you.

About LPL Financial
LPL Financial (Nasdaq: LPLA) was started on the theory that the agency really should get the job done for the advisor, and not the other way all-around. Right now, LPL is a chief** in the markets we provide, supporting extra than 19,000 fiscal advisors, 800 establishment-based mostly expenditure programs and 450 independent RIA firms nationwide. We are steadfast in our dedication to the advisor-centered model and the belief that Individuals have earned access to goal assistance from a fiscal advisor. At LPL, independence indicates that advisors have the freedom they have earned to select the business enterprise model, expert services, and know-how resources that enable them to operate their great apply. And they have the freedom to control their client relationships, because they know their purchasers very best. Just place, we take care of our advisors, so they can take care of their purchasers.

** Leading RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. one Independent Broker-Seller in the U.S (Dependent on full revenues, Financial Arranging journal 1996-2021) No. one company of 3rd-social gathering brokerage expert services to financial institutions and credit score unions (2020-2021 Kehrer Bielan Analysis & Consulting Annual TPM Report) Fortune five hundred as of June 2021

*Dependent on prior business enterprise and signifies assets that would have been custodied at LPL Financial, somewhat than 3rd-social gathering custodians. Reported assets and client quantities have not been independently and completely verified by LPL Financial.

Securities and advisory expert services are available through LPL Financial (LPL), a registered expenditure advisor and broker-seller (member FINRA/SIPC). Insurance policy solutions are available through LPL or its accredited affiliates. Heartland Bank and Sandstone Prosperity Management are not registered as a broker-seller or expenditure advisor. Registered representatives of LPL give solutions and expert services working with Sandstone Prosperity Management, and might also be staff members of Heartland Bank. These solutions and expert services are getting available through LPL or its affiliates, which are individual entities from, and not affiliates of Heartland Bank, JFC Advisor Network or Sandstone Prosperity Management. Securities and insurance policy available through LPL or its affiliates are:

  • Not Insured by FDIC or Any Other Government Agency
  • Not Bank Certain
  • Not Bank Deposits or Obligations
  • May perhaps Lose Worth

In the course of this communication, the phrases “financial advisors” and “advisors” are made use of to refer to registered representatives and/or expenditure advisor representatives affiliated with LPL Financial LLC. We routinely disclose information and facts that might be important to shareholders in the “Investor Relations” or “Press Releases” segment of our website.

The Forbes Future-Gen Wealth Advisors rankings, created by SHOOK Analysis, is based mostly on an algorithm of qualitative criterion, generally received through phone and in-man or woman owing diligence interviews, and quantitative knowledge. Individuals advisors that are regarded are less than 40, have a minimum amount of four years’ encounter, and the algorithm weighs factors like profits developments, assets less than management, compliance records, marketplace encounter and those that encompass the greatest expectations of very best techniques. Portfolio functionality is not a criterion owing to varying client goals and lack of audited knowledge

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Media Make contact with:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]