Lau Financial Group Launches With Support of LPL Strategic Wealth Services

CHARLOTTE, N.C., Jan. 13, 2022 (World NEWSWIRE) — LPL Monetary LLC these days announced that money advisor Hugh Lau, CIMA® has introduced a new unbiased follow, Lau Money Group, as a result of affiliation with LPL Strategic Prosperity Solutions, which is made to assist the distinctive desires of breakaway advisors. Lau reported to LPL that he serves around $750 million in advisory, brokerage and retirement approach property.* He joins LPL from D.A. Davidson.

The Lau spouse and children has deep roots in their community, with a wealthy history of entrepreneurship that dates back again to the 1860s when H.P. Lau emigrated to The usa and launched a grocery organization in the coronary heart of Lincoln, Neb. For five generations, the household has held a presence in the local community, with Hugh Lau commencing his fiscal products and services occupation in 2000.

With assist from Department Operations Manager JoAnn Kreitman, LPL registered assistant, Lau’s objective is to supply shoppers with customized investment decision techniques developed to assistance them grow and protect extensive-time period prosperity. “Our apply was created with the mission of assisting clients with constructing multi-generational prosperity for their little ones and grandchildren,” Lau mentioned. “We dwell by the motto, ‘Take treatment of the shopper and the rest will just take care of itself.’ Every little thing we do is to support our clients feel additional protected, serene, self-confident and comfy with their fiscal situation. We connect with them usually, educate them and stick to through.”

Online video: Fulfill the Lau Fiscal Group

Looking for extra autonomy and solutions, Lau and Kreitman decided it was time to come across a new independent partner—one that would give them with built-in technological know-how, backed by scale, and that could assistance them provide purchasers with differentiated encounters. They explained LPL stood out since of its Strategic Prosperity Companies offering. “We’re a modest group of two, so we desired the additional layer of aid from LPL Strategic Prosperity Companies. This presents us very strong help, but the freedom to make the practice on our have phrases,” Kreitman mentioned.

Dedicated aid from LPL Strategic Wealth Solutions
In addition to leveraging LPL’s integrated prosperity management system and innovative resources wanted to operate a flourishing exercise, the LPL Strategic Wealth Products and services model delivers ongoing, personalized guidance for daily functions and very long-term company management. Early in the journey, Strategic Wealth Products and services bridges the changeover to independence by offering the crew with devoted help and companies to launch their apply, including genuine estate build out, brand growth, technology setup and HR assistance. As soon as the changeover is full, the price shifts to the ongoing strategic, administrative, internet marketing and CFO assist that makes it possible for advisors to remain centered on the enduring needs of their shoppers, culture and evolution of their observe.

Geared up with a turnkey product and a focused operational assistance workforce, Lau believes LPL’s dimension and scale will enhance the team’s price proposition and support them draw in new advisors and increase their shopper foundation. “We’re excited to be in a position to industry our new brand and market ourselves in just the group,” Lau reported. “Thanks to LPL’s in depth infrastructure, I’m confident in our ability to increase our firm and support households – in Lincoln and further than – do the job towards their money aims.”

Outdoors of get the job done, Lau and Kreitman are actively included in their local community. Lau volunteers for Lighthouse and different neighborhood projects. He is also a earlier board member of Tabitha Basis and the Madonna Foundation. Kreitman is past chair of the Stransky Concert Series and volunteers for the group radio station KZUM, Lighthouse and the People’s City Mission.

Scott Posner, LPL govt vice president, Company Advancement, reported, “We’re thrilled to have Hugh and JoAnn be a part of the LPL neighborhood and are motivated by their enthusiasm and generate to develop multi-generational prosperity between households. We are honored they recognized that we have the stability to serve as a extended-expression companion to their organization and their purchasers. At LPL, we are deeply committed to our advisors’ results and will continue on to devote in capabilities designed to enable them prosper. We seem forward to supporting the Lau Financial Team with a committed crew that permits them to aim totally on serving their clients. From preliminary launch to ongoing functions, we’re energized to get started this journey and are optimistic for what the foreseeable future retains.”

Far more on Lau Monetary Group.

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About LPL Money:
LPL Fiscal (Nasdaq: LPLA) was launched on the basic principle that the business need to do the job for the advisor, and not the other way all over. Now, LPL is a chief** in the markets we provide, supporting additional than 19,000 money advisors, 800 institution-primarily based expense courses and 450 independent RIA companies nationwide. We are steadfast in our dedication to the advisor-centered design and the belief that Us citizens ought to have entry to individualized steering from a economical advisor. At LPL, independence signifies that advisors have the flexibility they ought to have to pick the company design, products and services, and technology resources that let them to operate their perfect follow. And they have the independence to deal with their client interactions, because they know their consumers finest. Just put, we consider treatment of our advisors, so they can just take treatment of their shoppers.

* Value approximated centered on asset and holding particulars furnished to LPL from the calendar year 2021

** Prime RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Unbiased Broker-Vendor in the U.S (Based mostly on whole revenues, Economic Scheduling magazine 1996-2021) No. 1 company of third-social gathering brokerage products and services to banks and credit unions (2020-2021 Kehrer Bielan Study & Consulting Annual TPM Report) Fortune 500 Enterprise as of June 2021

Securities and advisory companies available via LPL Money LLC, an SEC-registered broker-seller and investment decision advisor. Member FINRA/SIPC. 

All through this interaction, the terms “financial advisors” and “advisors” are utilised to refer to registered representatives and/or investment advisor representatives affiliated with LPL Economical LLC. We routinely disclose details that may well be significant to shareholders in the “Investor Relations” or “Press Releases” part of our internet site.

Lau Economic Team and LPL Economic are individual entities.

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Media Speak to:
Lauren Hoyt-Williams
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