LPL Financial Welcomes Foran Financial Group - Seite 2

Returning to LPL
Seeking more freedom and flexibility in how they run their business, the team chose to return to LPL. “We’ve been watching closely since Dan Arnold took over as President and CEO,” said Dan Foran, who was previously affiliated with LPL for 17 years until 2014. “We’ve seen how the company has transformed into an advisor-centric, advice-driven firm. LPL is an advocate for the advisor and is clearly in the business of helping advisors do the best job for their clients.”

The advisors also said LPL’s scale creates access to a broad range of products and wealth management resources that can enhance their delivery of personalized advice. In addition, LPL’s technology stood out to the advisor team. “We felt the direction that LPL is heading, with the open architecture within ClientWorks and the ability to use other software and tools, will greatly enhance our client experience and the way we deliver advice,” Foran said, pointing to the integration with AdvicePay as an example of how LPL makes it easier for advisors to charge for financial planning. “We intend to stay at the forefront of what’s going on in the industry, and we appreciate how LPL allows for more freedom in the services that we use and how we serve our clients.”

Rich Steinmeier, LPL Financial managing director and divisional president, Business Development, said, “We warmly welcome Dan and his team back to the LPL family. We understand that every client is unique. By providing our financial advisors with access to a broad range of non-proprietary products and investment platforms, we strive to empower them in their delivery of personalized investment strategies. We also offer choice and flexibility in how they run their businesses, and we will meet advisors where they are in the evolution of their practice to provide them with differentiated tools and technology to help them deliver meaningful, customized services to their clients. We look forward to renewing our long-term partnership with Foran Financial Group.”

Read about other firms that recently joined LPL in the LPL Financial News and Media section of LPL.com.

Advisors, find an LPL business development representative near you.

About LPL Financial

LPL Financial (https://www.lpl.com) is a leader in the retail financial advice market, the nation’s largest independent broker-dealer** and a leading custodian (or provider of custodial services) to RIAs. We serve independent financial advisors, professionals and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.