LPL Financial, JFC Advisor Network Welcome River Cities Financial Services

CHARLOTTE, N.C., Nov. 03, 2021 (Globe NEWSWIRE) — LPL Economic LLC (Nasdaq:LPLA) declared now that River Towns Economic Services has joined LPL Financial’s broker-vendor, corporate registered expenditure advisor (RIA) and custodial platforms, aligning with substantial enterprise JFC Advisor Community. The advisors noted acquiring served roughly $350 million in advisory, brokerage and retirement plan belongings*. They be part of LPL from Cetera Economic Team.   

With registered workplaces in Marietta, Beverly and Chillicothe, Ohio, River Towns has a abundant history in the local community, starting up as an insurance plan agency in 1948 in advance of growing into wealth management in 1985. Manager and Operator Michael Anthony is joined by founders Leslie Futrell and Rick Walters, as effectively as fellow economical advisors Stacey Brooks and Keith Thieman. They are assisted by a extensive-tenured 4-member office environment assist team.

“We are a local community-oriented team and happy to provide the many small company owners, retirees and farmers in our cities. We view our clients as an extension of our own families, and we want what is finest for them,” Anthony stated. “We just take a team technique to providing alternatives for each individual stage of existence, with companies spanning from in depth economical scheduling to personnel retirement plan techniques.”

What allows established River Towns apart is that its 5 advisors every symbolize a distinct 10 years, ranging in age from mid-30s to early 70s. “We all convey exceptional experiences and differing views to the team to aid make certain our clients’ economical requirements will be taken care of now and for generations to arrive,” Anthony stated.

Wanting for a new associate, the team turned to LPL for the up coming chapter of their company. “This move presents us the versatility to continue to develop the practice on our own phrases, putting our clients’ interests at the middle of every thing we do. With LPL, we have the steadiness of a publicly-traded company along with impressive, built-in know-how that is in a basic format, allowing for us to shell out much more time with clients. There is almost nothing much more worthwhile than staying ready to sit down deal with-to-deal with with clients and aid them get the job done towards their economical dreams.”

Jack Connealy, founder of JFC Advisor Community, stated, “We are honored to welcome River Towns Economic Services to JFC Advisor Community. They have created an extraordinary practice, and their dedication to elevating their company is evidenced in their determination to move to LPL and affiliate with JFC. In executing so, they situation by themselves to more their progress and good results. They benefit not only from the know-how, resources and platforms of the most significant impartial broker vendor in the nation, but at the exact time get a limited-knit local community of advisors and have the assist and advocacy of our substantial group of field experts at JFC. We glimpse forward to supporting Mike, Stacey, Keith, Les, Rickie, and the entire River Towns team.”

Scott Posner, LPL govt vice president, Small business Advancement, stated, “We welcome Mike, Les, Rick, Stacey and Keith to the LPL local community and are happy that our impartial system served as a differentiator for the River Towns team. As a associate with scale, our dedication to assistance and ongoing investments in our advisors’ organizations is unwavering. We will continue to provide impressive capabilities and robust company alternatives developed to aid advisors develop their excellent practice and convey added worth to their clients. We congratulate JFC on its continued progress and glimpse forward to a extensive-lasting romance with the two JFC and River Towns Economic Services.”

Advisors, obtain an LPL company advancement representative near you.

About LPL Economic
LPL Economic (Nasdaq: LPLA) was launched on the principle that the organization ought to get the job done for the advisor, and not the other way all over. These days, LPL is a chief** in the marketplaces we provide, supporting much more than 19,000 economical advisors, 800 institution-primarily based expenditure programs and 450 impartial RIA companies nationwide. We are steadfast in our dedication to the advisor-centered model and the belief that People deserve accessibility to aim direction from a economical advisor. At LPL, independence signifies that advisors have the independence they deserve to decide on the company model, companies, and know-how resources that enable them to run their excellent practice. And they have the independence to control their client associations, for the reason that they know their clients finest. Simply set, we just take care of our advisors, so they can just take care of their clients.

** Major RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Independent Broker-Dealer in the U.S (Primarily based on whole revenues, Economic Preparing journal 1996-2021) No. 1 company of third-celebration brokerage companies to banks and credit history unions (2020-2021 Kehrer Bielan Exploration & Consulting Yearly TPM Report) Fortune 500 as of June 2021

*Primarily based on prior company and signifies belongings that would have been custodied at LPL Economic, alternatively than third-celebration custodians. Reported belongings and client numbers have not been independently and totally verified by LPL Economic.

Securities and advisory companies available by LPL Economic LLC, an SEC– registered broker-vendor and expenditure advisor. Member FINRA/ SIPC

Through this conversation, the phrases “financial advisors” and “advisors” are utilized to refer to registered representatives and/or expenditure advisor representatives affiliated with LPL Economic LLC. We routinely disclose info that may perhaps be important to shareholders in the “Investor Relations” or “Press Releases” segment of our web site.

River Towns Economic Services, JFC Advisor Community and LPL Economic are individual entities.

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Source: LPL Economic Holdings, Inc.