CHARLOTTE, N.C., Sept. sixteen, 2021 (World NEWSWIRE) — LPL Economic LLC (Nasdaq:LPLA) today introduced that Sandstone Prosperity Management, the investment software positioned at Heartland Bank, has joined LPL’s Establishment Expert services platform, aligned with JFC Advisor Network (JFC), a substantial business that supports LPL-affiliated advisors. Sandstone Prosperity Management’s money experts described previously possessing served about $three hundred million in brokerage, advisory and retirement plan belongings*. They have been previously affiliated with Raymond James and Royal Alliance, section of the Advisor Group community.
Heartland Bank is a loved ones-owned neighborhood institution dating back again to 1899, now serving shoppers in 13 locations across central Nebraska. With the move to LPL, the investment software has been rebranded to Sandstone Prosperity Management, having to pay homage to the exclusive rock formations uncovered all over the condition. Tyler Daly, a 2020 Forbes Prime Future-Gen Prosperity Advisor, manages the investment center and is joined by fellow advisor Mike Theis and two assistants.
Hunting to streamline their small business, decreased once-a-year service fees for shoppers and build differentiated encounters, the Sandstone Prosperity Management team selected to sign up for LPL and JFC for the subsequent chapter of the small business. “We’ve uncovered that LPL has a really robust online retirement setting up portal and other improved engineering choices that will support us streamline our small business to emphasis far more on shoppers and make their investment encounters even far better,” Daly stated.
The actuality that JFC Advisor Network is positioned in nearby Lincoln, Neb., was a different huge attract. “To have a nearby team right here in our corner is a huge benefit. We can establish private interactions with the JFC team and extend our community,” Daly stated.
Jack Connealy, founder of JFC Advisor Network, stated, “JFC is exited to welcome Tyler, Mike and the Sandstone software to our loved ones of advisors positioned at an institution. They are a class act team that we are lucky to be in a position to aid. As a Nebraska-based mostly group, doing work with advisors positioned at nearby banking companies normally usually takes JFC back again to our roots. We seem ahead to a extensive-lasting and productive marriage with Sandstone Prosperity Management.”
Ken Hullings, LPL senior vice president and head of business recruiting, stated, “We lengthen a warm welcome to Tyler and Mike and congratulate JFC for rising its community. We understand the exclusive needs and options for our institutional shoppers and are fully commited to supporting them with a primary prosperity administration platform, modern engineering, strategic consultative aid and devoted support practical experience that can support them differentiate their small business and bring far more benefit to their shoppers and institution. We seem ahead to supporting the whole Sandstone Prosperity Management team for a long time to arrive.”
Advisors, locate an LPL small business development representative near you.
About LPL Economic
LPL Economic (Nasdaq: LPLA) was established on the theory that the company should get the job done for the advisor, and not the other way around. These days, LPL is a leader** in the markets we provide, supporting far more than 19,000 money advisors, 800 institution-based mostly investment packages and 450 unbiased RIA firms nationwide. We are steadfast in our dedication to the advisor-centered model and the belief that People are worthy of entry to aim advice from a money advisor. At LPL, independence means that advisors have the independence they are worthy of to choose the small business model, expert services, and engineering resources that make it possible for them to operate their excellent apply. And they have the independence to handle their shopper interactions, due to the fact they know their shoppers finest. Merely place, we consider treatment of our advisors, so they can consider treatment of their shoppers.
** Prime RIA custodian (Cerulli Associates, 2019 U.S. RIA Market Report) No. one Unbiased Broker-Vendor in the U.S (Based on full revenues, Economic Scheduling magazine 1996-2021) No. one service provider of 3rd-social gathering brokerage expert services to banking companies and credit rating unions (2020-2021 Kehrer Bielan Exploration & Consulting Yearly TPM Report) Fortune 500 as of June 2021
*Based on prior small business and represents belongings that would have been custodied at LPL Economic, fairly than 3rd-social gathering custodians. Claimed belongings and shopper quantities have not been independently and completely confirmed by LPL Economic.
Securities and advisory expert services are provided by way of LPL Economic (LPL), a registered investment advisor and broker-supplier (member FINRA/SIPC). Insurance plan products are provided by way of LPL or its licensed affiliates. Heartland Bank and Sandstone Prosperity Management are not registered as a broker-supplier or investment advisor. Registered representatives of LPL offer products and expert services applying Sandstone Prosperity Management, and might also be staff of Heartland Bank. These products and expert services are getting provided by way of LPL or its affiliates, which are different entities from, and not affiliates of Heartland Bank, JFC Advisor Network or Sandstone Prosperity Management. Securities and insurance coverage provided by way of LPL or its affiliates are:
- Not Insured by FDIC or Any Other Federal government Company
- Not Bank Guaranteed
- Not Bank Deposits or Obligations
- May possibly Get rid of Price
Through this conversation, the terms “financial advisors” and “advisors” are utilised to refer to registered representatives and/or investment advisor representatives affiliated with LPL Economic LLC. We routinely disclose data that might be crucial to shareholders in the “Investor Relations” or “Press Releases” segment of our site.
The Forbes Future-Gen Wealth Advisors rankings, developed by SHOOK Exploration, is based mostly on an algorithm of qualitative criterion, largely obtained by way of telephone and in-human being thanks diligence interviews, and quantitative knowledge. All those advisors that are regarded are under forty, have a least of four years’ practical experience, and the algorithm weighs factors like profits tendencies, belongings under administration, compliance records, business practical experience and individuals that encompass the greatest standards of finest methods. Portfolio overall performance is not a criterion thanks to varying shopper targets and lack of audited knowledge
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