June 18, 2024


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StrateFi Wealth Management Launches With Support of LPL Strategic Wealth Services

SAN DIEGO, Aug. 25, 2021 (Globe NEWSWIRE) — LPL Fiscal LLC (Nasdaq: LPLA) today declared that monetary advisors Jason Sherr and Merrick Nguyen have launched a new impartial follow, StrateFi Wealth Management, by affiliation with LPL Financial’s Strategic Wealth Products and services (SWS) model developed to help the one of a kind requires of breakaway advisors. The advisors reported possessing served roughly $235 million in advisory, brokerage and retirement plan assets*. They be part of LPL from Wells Fargo Advisors.

Sherr and Nguyen are longtime colleagues who fulfilled by the Orange County CAL (UC Berkeley) Alumni Club. They joined their tactics about 10 years ago, as Sherr was wanting to expand his group and Nguyen sought opportunities for progress. With help from Kim Burdeaux-Neal, Director of Customer Relations, they acquire a group approach in their mission to supply comprehensive monetary expert services and investment decision advice to aid clients’ improve and protect their assets and changeover wealth to long term generations.

Primarily based in Irvine, Calif., and Reno, Nev., the group serves a diverse client foundation of about one hundred sixty households*. Their aim, Sherr reported, is to manage the controllable. “We just cannot manage the markets, but we can manage how assets are diversified, what to set into portfolios and other approaches to aid tutorial our purchasers by the intricate monetary landscape,” Sherr reported.

In developing their new follow, it was vital for the advisors to uncover a identify that embodied the essence of their firm. “We selected to unite the phrases ‘strategy’ and ‘financial independence,’ symbolizing our strategic approach, mission and supreme aim of helping our purchasers attain monetary independence and dwell a existence of their picking,” Nguyen reported.

The advisors strategically prepared their shift to independence. “It was not ‘if’ but ‘when’ we would go impartial, mainly because we want this to be our past shift,” Sherr reported. They selected to companion with LPL Strategic Wealth Products and services mainly because of the mixture of innovative know-how and the ongoing organization management help. They also appreciate that the breakaway option gets rid of the constraints of paperwork, enabling them to provide their purchasers and improve the organization as they see healthy.

‘Hit the ground functioning on Day 1’ with LPL Strategic Wealth Products and services
“With the SWS model, we have the know-how, help and sources to actually hit the ground functioning on Day 1,” Nguyen reported. “Our supreme aim is to supply improved expert services to our purchasers. We fully grasp that time is one thing you can never ever get again. With the help of the SWS group, we have additional time to interface with purchasers, evaluate their portfolios and actually give them a differentiated practical experience.”

All SWS teams have obtain to LPL’s integrated wealth management platform and innovative sources needed to run a thriving follow, as very well as an added layer of ongoing, personalized help for day by day operations and long-phrase organization management. From the very commencing, SWS bridges the changeover to independence by supplying dedicated launch help, which include serious estate develop-out, brand name improvement, know-how set up and HR expert services. Following the changeover, the price of the SWS model shifts to the ongoing strategic, administrative, marketing and CFO help that lets advisors to remain focused on the enduring requires of their purchasers, culture and evolution of their follow.

Scott Posner, LPL govt vice president, Organization Growth, reported, “We prolong a warm welcome to Jason, Merrick and Kim and are honored they turned to LPL in their journey to independence. As they start this interesting next chapter of their organization, we will be by their aspect every single stage of the way. We are dedicated to remaining their long-phrase companion by delivering robust sources, innovative abilities and organization solutions developed to aid them personalize their follow, develop price with purchasers and gain in the markets they provide. We seem forward to a long-long lasting relationship with StrateFi Wealth Management.”

Discover additional about StrateFi Wealth Management. Read about other companies that recently joined LPL in the LPL Fiscal Information and Media segment of LPL.com.

Advisors, uncover an LPL organization improvement representative near you.

About LPL Fiscal:
LPL Fiscal (Nasdaq: LPLA) was started on the principle that the firm ought to get the job done for the advisor, and not the other way all around. These days, LPL is a chief** in the markets we provide, supporting additional than 19,000 monetary advisors, 800 institution-based investment decision systems and 450 impartial RIA companies nationwide. We are steadfast in our determination to the advisor-centered model and the belief that People in america have earned obtain to objective advice from a monetary advisor. At LPL, independence usually means that advisors have the freedom they have earned to pick out the organization model, expert services, and know-how sources that allow for them to run their perfect follow. And they have the freedom to manage their client associations, mainly because they know their purchasers most effective. Simply just set, we acquire treatment of our advisors, so they can acquire treatment of their purchasers.

*Primarily based on prior organization and represents assets that would have been custodied at LPL Fiscal, instead than third-party custodians. Noted assets and client quantities have not been independently and entirely confirmed by LPL Fiscal.

**Best RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. 1 Independent Broker-Supplier in the U.S (Primarily based on full revenues, Fiscal Planning journal June 1996-2021) No. 1 provider of third-party brokerage expert services to banks and credit history unions (2020-2021 Kehrer Bielan Study & Consulting Annual TPM Report) Fortune 500 as of June 2021

Securities and advisory expert services available by LPL Fiscal LLC, an SEC- registered broker-dealer and investment decision advisor. Member FINRA/SIPC. 

All over this communication, the phrases “financial advisors” and “advisors” are utilized to refer to registered reps and/or investment decision advisor reps affiliated with LPL Fiscal LLC. We routinely disclose facts that could be vital to shareholders in the “Investor Relations” or “Press Releases” segment of our website.

StrateFi Wealth Management and LPL Fiscal are individual entities.

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Media Get in touch with:
Lauren Hoyt-Williams
(980) 321-1232
[email protected]