Burlwood Wealth Launches With Support From LPL Strategic Wealth Services

SAN DIEGO, May 06, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Matt Sheffield has launched a new independent practice, Burlwood Wealth, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services. He reported having served approximately $275 million in advisory, brokerage and retirement plan assets* and joins LPL from UBS.

After beginning his career in Silicon Valley, followed by a brief stint in medical sales, Sheffield recognized his calling as a financial advisor in 2005. He said it was the perfect job to combine his skillset in critical thinking with his passion for relationship building and making connections.

“I love the intellectual challenge of investing, and I enjoy seeing people fulfill their plans in retirement while enjoying their hard-earned capital,” said Sheffield, who works primarily with physicians, attorneys, small business owners and widows. “I take a comprehensive approach to investment management, working closely with centers of influence to help clients understand their entire financial situation and invest according to their unique timelines.”

Based in Spokane, Wash., Sheffield is an amateur woodworker who enjoys creating unique and beautiful pieces. Burl is the part of a wood that often evokes emotions through its distinctive grain pattern, which is why Sheffield named the practice Burlwood Wealth to represent the personalized services he delivers to each client.

“After 15 years working for a very large bank, I wanted a sense of ownership in my practice and the freedom to call my own shots,” said Sheffield, who is joined by Client Services Specialist Kayla Randall. “At LPL, independence isn’t a slogan. It’s built into the DNA of the whole platform. I’m looking forward to continuing the processes that have made my practice successful, while also delivering more seamless, personalized experiences.”

In going independent, Sheffield turned to LPL Strategic Wealth Services (SW), which combines the freedom and flexibility of entrepreneurship with hands-on business services and support to help practices thrive, both operationally and strategically. In addition to having access to LPL’s innovative wealth management platform and sophisticated resources, SW advisors benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice. Then, after the transition is complete, SW teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact, a dedicated team and priority access to advocacy and project management for complex business issues, ultimately allowing them to stay focused on the enduring needs of their clients and the culture and evolution of their practice.