LPL Financial Welcomes Progressive Financial Concepts
CHARLOTTE, N.C., March 24, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that Progressive Financial Concepts has joined LPL Financial’s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms, aligned with The Wealth Consulting Group (WCG), a large enterprise supporting LPL advisors. The Progressive team reported having served approximately $450 million in advisory, brokerage and retirement plan assets*. They join LPL from Sagepoint Financial, part of the Advisor Group network of broker-dealers.
Based in Scottsdale, Ariz., the team of financial advisors includes Kory Budinger, Michael Apsell, Eric Black, Greg Morell, Stan Waldrop and Brian West. The advisors have worked together for more than 20 years, taking an integrated team approach to provide multigenerational wealth management and retirement planning for closely held businesses and individuals. They are supported by five administrative staff members.
The team’s passion for helping others extends beyond the office. The advisors are all charitably-minded and spend significant time supporting organizations in their community, including the Chandler Compadres, Boys & Girls Clubs of the East Valley, Future Farmers of America, American Diabetes Association and a local medical clinic.
The team turned to LPL and WCG for enhanced technology and differentiated service experiences. “Since we share client relationships across our team, we needed a partner like LPL that makes significant investments in integrated capabilities that allow us to easily access the latest customer information. With ClientWorks, which is in sync with DocuSign and our CRM software, we have access to a broad range of tools designed to help us give our clients a service experience that we believe they can’t find anywhere else,” Budinger said, also calling LPL’s client-facing technology a “game changer.” “We’ve also known the team at WCG for a long time and believe that their support will help us deliver a very comprehensive wealth management service for our clients.”
Scott Posner, LPL executive vice president, Business Development, said, “We welcome the Progressive team to the LPL family and are honored to be their chosen partner as they continue to differentiate their practice and elevate the service they provide to clients. At LPL, we are deeply committed to making continuous investments in service and support so our advisors can feel confident and cared for. We also continue to invest in innovative digital capabilities and resources that we believe can bring the most value to our advisors and help them win in the marketplace. Congratulations to Jimmy Lee and the team at Wealth Consulting Group for continuing to grow its quality network of advisors.”