LPL Financial Welcomes Advisor Philip Nation

SAN DIEGO, April 15, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Philip Nation, CFP, ChFC, CLU, has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with existing firm Founders Financial Alliance. He reported serving approximately $170 million in advisory, brokerage and retirement plan assets* and joins LPL from Ameriprise Financial.

The Raleigh, N.C.- based advisor started his career in 1987, offering everything from insurance to education planning to debt management. Over the years as his client base evolved, Nation shifted focus to retirement planning. “I enjoy helping my clients preserve and manage their wealth and better position their income so they can live comfortably in their retirement,” said Nation, who serves approximately 180 individuals.

With no plans to retire — “People retire to find more time to do the things they love, but I love and enjoy what I do,” he says — Nation determined it would be better for his clients and contingency plan if he was part of a larger team. His due diligence process led him to Founders Financial Alliance and LPL Financial.

“With this move, I have built-in, localized support from a great service organization in Founders, freeing up my time for specific value-added activities that benefit my clients,” Nation said. “Additionally, I wanted to partner with a firm that didn’t push company-branded products. LPL gives me the freedom to explore different products and solutions, along with the flexibility to choose what I think will be best for my business. My clients are more than just clients — they’re family and friends, and I want to make sure they are taken care of.”

Tom Porter, Founder and Executive Chairman of Founders Financial Alliance, said, “We are excited Phil made the decision to come to LPL and Founders considering all options nationally. It was very clear when we first met, he shared the same vision of building for the client, and it is an honor and a privilege to have an advisor with 38 years of experience and vast qualifications affiliate with our hard-working team. Our team is dedicated to supporting individual advisors and teams every step of the way of their journey. We are continuing to build, innovate and work to be the best support solution for independent financial advisors and clients. LPL is a great partner supporting our growth.”