January 13, 2025

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LPL Financial Welcomes Sterling Wealth Group

CHARLOTTE, N.C., Dec. twenty, 2021 (World NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) introduced nowadays that Sterling Wealth Group has joined LPL Financial’s broker-dealer, company registered investment advisor (RIA) and custodial platforms. The Sterling workforce noted to LPL that it served about $390 million in advisory, brokerage and retirement approach property.* They be part of from MML Buyers Expert services.

Founder Robert Sterling Madden CLU, ChFC, CFP® started off the Melville, N.Y.-based mostly organization far more than 35 yrs back when he found out his passion for aiding other folks pursue their retirement dreams. He is joined by his son, Michael Sterling Madden, CFP®, who has twenty yrs of encounter in the economical solutions market. The Sterling Wealth Group’s eyesight is to aid clients clarify their definition of economical achievements and present them with lengthy-time period economical procedures to get there.

“As customer-centric advisors, we want to make a big difference in each individual client’s everyday living,” Bob Madden stated. “We pledge our awareness and sources to aid our clients get the job done towards what is vital to their economical wellbeing by delivering personalization, professionalism and high-quality services.”

As the family members workforce prepares for future expansion and the subsequent chapter of their business, they selected to align with LPL and JFC Advisor Network. “We expended at the very least a year of thanks diligence to figure out what was very best for our clients and business,” Bob Madden stated. “We seemed at technological know-how capabilities, breadth of investment alternatives, exploration and sources just before concluding that LPL’s integrated system is only unrivaled. We also enjoy the family members surroundings and additional support provided by JFC. We wholeheartedly believe that this new romance will increase the customer encounter, and allow for us to provide their needs far more successfully and successfully.”

Outside of get the job done, the workforce is highly fully commited to giving again, especially to people who provide in the armed forces. Bob Madden is a United States Naval Academy graduate who served as a Surface area Warfare Officer for 6 yrs prior to signing up for the economical solutions market. He is co-founder and president of Cost of Independence, Inc., which has a mission to pass the core values of honor, braveness and commitment to future generations. He continues to be passionate about honoring troopers and marines, and each individual year hosts wounded warriors and injured marines at an once-a-year Cost of Independence weekend held at the Army-Navy game. He is on the board of directors for America’s Vet Canines and the Guide Pet dog Foundation, and also supports Wounded Marine Semper Fi Fund and the Travis Manion Foundation.

“It is with great delight that we welcome Bob and Mike Madden of Sterling Wealth Group to JFC Advisor Network and LPL,” stated Jack Connealy, founder of JFC Advisor Network. “Bob has focused his everyday living to serving his state, community and clients, and he sets an exemplary typical for us all both equally personally and professionally. We are honored that Bob and Mike have picked out to partner with JFC and seem forward to supporting their continued expansion for yrs to come.”

Scott Posner, LPL executive vice president, Organization Enhancement, mentioned, “We lengthen a warm welcome to Bob and Michael, and are honored to have them be a section of the LPL community. Every thing we do at LPL is intended to present advisors with the support they need to have to run productive methods. Their greatness is our objective. We are fully commited to delivering strong capabilities, innovative technological know-how and sturdy business remedies to aid maximize efficiency and build significant, differentiated customer ordeals. We seem forward to supporting Sterling Wealth Group for yrs to come.”

Advisors, discover an LPL business improvement representative near you.

About LPL Economical
LPL Economical (Nasdaq: LPLA) was launched on the theory that the organization should really get the job done for the advisor, and not the other way about. Now, LPL is a leader** in the markets we provide, supporting far more than 19,000 economical advisors, 800 establishment-based mostly investment programs and 450 unbiased RIA corporations nationwide. We are steadfast in our commitment to the advisor-centered product and the belief that Americans have earned entry to individualized steering from a economical advisor. At LPL, independence signifies that advisors have the independence they have earned to opt for the business product, solutions, and technological know-how sources that allow for them to run their fantastic practice. And they have the independence to deal with their customer associations, mainly because they know their clients very best. Only put, we get treatment of our advisors, so they can get treatment of their clients.

* Value approximated based mostly on asset and holding specifics provided to LPL from the year 2021

** Major RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Impartial Broker-Seller in the U.S (Dependent on overall revenues, Economical Setting up journal 1996-2021) No. 1 provider of 3rd-celebration brokerage solutions to financial institutions and credit history unions (2020-2021 Kehrer Bielan Research & Consulting Yearly TPM Report) Fortune five hundred as of June 2021

Securities and advisory solutions made available by LPL Economical LLC, an SEC-registered broker-dealer and investment advisor. Member FINRA/ SIPC

All over this interaction, the terms “financial advisors” and “advisors” are employed to refer to registered representatives and/or investment advisor representatives affiliated with LPL Economical LLC. We routinely disclose info that may be vital to shareholders in the “Investor Relations” or “Press Releases” part of our web site.

Sterling Wealth Group, JFC Advisor Network and LPL Economical are separate entities.

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Media Contact:
Lauren Hoyt-Williams
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