CHARLOTTE, N.C., Sept. 08, 2021 (Globe NEWSWIRE) — LPL Monetary LLC (Nasdaq:LPLA) announced currently that economic advisor Francis Ciocari CFP® has joined LPL Financial’s broker-supplier, hybrid registered financial investment advisor (RIA) and custodial platforms. He is aligned with Gladstone Prosperity Partners, a substantial organization on LPL’s hybrid RIA system. Ciocari described owning served around $three hundred million in advisory, brokerage and retirement program property*, and joins from Morgan Stanley.
Immediately after paying his full profession in a wirehouse atmosphere, Ciocari will lover with existing LPL advisors to launch a new Gladstone Prosperity Partners workplace in Blue Bell, Pa. He is joined by longtime assistant and client partnership manager Christine Buck Nolan. “I’m enthusiastic to lover with other highly regarded advisors to give elevated providers to our customers and develop our local community existence,” said Ciocari, who generally will work with company executives and affluent buyers.
Ciocari firmly thinks in significant-touch, targets-based prosperity administration, and begins each individual partnership with a economic program. While performing remotely during the the latest pandemic atmosphere, he determined that the very best way to provide his customers was by possessing his business enterprise and firmly owning handle in excess of his procedure. An entrepreneur at coronary heart, Ciocari turned to Gladstone and LPL to start off a new journey as an unbiased economic advisor. “It’s refreshing to have comprehensive autonomy in the way we construct the practice. As unbiased advisors, we can offer you whole transparency and work in our clients’ very best passions,” Ciocari said.
In picking a new lover, Ciocari mentioned, “LPL is a Fortune 500 organization with a fantastic status, fully commited to investing in modern technologies and resources. I preferred my customers to experience snug understanding I was partnering with an sector leader and the very best in the unbiased area. And on prime of that, with Gladstone we have access to priceless resources, turnkey support and more aid with compliance, leaving me with a lot more time to devote supporting customers and their investments. It’s a earn-earn.”
Richard Frick, running lover and CEO at Gladstone Prosperity Partners, mentioned, “We are enthusiastic for Fran to open our new Associate workplace in Blue Bell, and we appear forward to increasing this Philadelphia suburb market alongside one another. I’ve known Fran for several years and to be able to support him as he transitions to the unbiased channel is an magnificent emotion. The momentum just carries on for Gladstone and the unbiased area, and we feel this hybrid workplace atmosphere will go on to speed up it. We are fully commited to supporting our advisors each individual working day with individualized providers developed to aid them realize success.”
Scott Posner, LPL government vice president, Business enterprise Progress, mentioned, “We warmly welcome Fran to the LPL local community and congratulate Gladstone on its continued expansion. At LPL, we offer you a selection of affiliation products so that advisors have selections in how they construct a perfect practice that will make the most feeling for them and their customers. We are happy to function in partnership with Gladstone to supply scale and balance that empowers advisors to create differentiated ordeals and a thriving practice. We appear forward to supporting Fran and the full group at the new Gladstone Prosperity Partners workplace in Blue Bell for several years to come.”
Read about other companies that not too long ago joined LPL in the LPL Monetary News and Media portion of LPL.com.
Advisors, find an LPL business enterprise progress representative near you.
About LPL Monetary
LPL Monetary (Nasdaq: LPLA) was launched on the theory that the company should really function for the advisor, and not the other way around. These days, LPL is a leader** in the markets we provide, supporting a lot more than 19,000 economic advisors, 800 institution-based financial investment plans and 450 unbiased RIA companies nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Us citizens deserve access to objective advice from a economic advisor. At LPL, independence suggests that advisors have the flexibility they deserve to opt for the business enterprise model, providers, and technologies resources that allow for them to operate their perfect practice. And they have the flexibility to deal with their client interactions, for the reason that they know their customers very best. Only set, we get care of our advisors, so they can get care of their customers.
** Prime RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. 1 Unbiased Broker-Dealer in the U.S (Dependent on whole revenues, Monetary Preparing magazine 1996-2021) No. 1 supplier of 3rd-celebration brokerage providers to financial institutions and credit rating unions (2020-2021 Kehrer Bielan Investigate & Consulting Annual TPM Report) Fortune 500 as of June 2021
*Dependent on prior business enterprise and represents property that would have been custodied at LPL Monetary, somewhat than 3rd-celebration custodians. Claimed property and client quantities have not been independently and absolutely confirmed by LPL Monetary.
Securities and advisory providers supplied as a result of LPL Monetary LLC, an SEC- registered broker-supplier and financial investment advisor. Member FINRA/ SIPC
During this communication, the phrases “financial advisors” and “advisors” are employed to refer to registered associates and/or financial investment advisor associates affiliated with LPL Monetary LLC. We routinely disclose details that could be vital to shareholders in the “Investor Relations” or “Press Releases” portion of our web-site.
Gladstone Prosperity Partners and LPL Monetary are independent entities.
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