CHARLOTTE, N.C., Oct. 04, 2021 (Globe NEWSWIRE) — LPL Money LLC (Nasdaq:LPLA) today introduced that money advisor Sean Khaligh CFP® has joined LPL Financial’s broker-dealer, hybrid registered investment decision advisor (RIA) and custodial platforms. He is aligned with The Money Products and services Network, an present LPL big company. Khaligh described possessing served approximately $170 million in advisory and brokerage property*. He joins from Wells Fargo Advisors.
Khaligh, a Dreamer who was born in Iran and immigrated to The united states at age 12—not equipped to communicate a phrase of English at the time,—said the new international pandemic opened his eyes and set the eyesight for the upcoming of his business enterprise. “I went from doing the job at a lender branch to instantly doing the job from house. I was in a condition of shock, but it also gave me the prospect to believe lengthy and tricky. I recognized our time on earth is restricted and we need to be equipped to do the points we want to in our lifetime,” Khaligh reported.
For Khaligh, that intended turning his desire of creating a corporation and possessing his very own business enterprise into a fact. Which is some thing that he as soon as was told would never ever occur.
As a teen, Khaligh was pressured to develop up swiftly to help his mom and dad immediately after the loved ones misplaced a lot of their money through the immigration course of action. He received his first position in the money products and services marketplace whilst continue to in school, also doing the job section time as a lifeguard to help spend the charges. But just one working day, early in his job, a colleague reported some thing that he will never ever ignore. “He reported I would never ever be successful as a money advisor just for the reason that of my past title and the stigma related with Iran,” Khaligh reported. “But I knew I could be a terrific advisor and do terrific points for my shoppers. I was a lot more decided than ever to make some thing of myself.”
He went on to develop a consumer-centric practice centered on encouraging people today, households and business enterprise proprietors develop, control and transition prosperity. With the go to LPL and The Network, Khaligh has launched EQ Private Prosperity Advisors in Palos Verdes, Calif. “I needed to develop a agency dependent on developments likely on in the place and marketplace. With LPL’s ground breaking technology and wide resources, I believe I’ll be equipped to do improve my provider and choices for my shoppers. I can brand my very own business enterprise and develop swiftly, hopefully via acquisitions and using about for retiring advisors,” Khaligh reported. “I’ll also have the local help and expertise from the team at The Network. I am blessed to have started off the business enterprise so younger. I’m just 37 and continue to have at the very least one more thirty many years still left in my job. I just can’t wait around to see what the upcoming holds.”
Scott Posner, LPL govt vice president, Organization Advancement, said, “We are influenced by Sean’s tale and journey to independence. He has designed a extremely successful business enterprise serving his shoppers, and we are honored Sean turned to LPL and The Network as he seeks new strategies to elevate his practice on his very own terms. The independent business enterprise design presents advisors the freedom and adaptability to deliver objective money direction to their shoppers. We will continue to leverage our scale to offer you ground breaking technology, differentiated provider activities and other prosperity administration resources that produce worth and help LPL advisors address the evolving requires of their shoppers. We welcome Sean to the LPL neighborhood and glance forward to a lengthy-long lasting partnership with EQ Private Prosperity Advisors.”
Study about other companies that recently joined LPL in the LPL Money News and Media part of LPL.com.
Advisors, find an LPL business enterprise development representative near you.
About LPL Money
LPL Money (Nasdaq: LPLA) was founded on the theory that the agency ought to work for the advisor, and not the other way all around. Now, LPL is a chief** in the marketplaces we serve, supporting a lot more than 19,000 money advisors, 800 institution-dependent investment decision systems and 450 independent RIA companies nationwide. We are steadfast in our dedication to the advisor-centered design and the perception that People have earned accessibility to objective direction from a money advisor. At LPL, independence implies that advisors have the freedom they have earned to pick out the business enterprise design, products and services, and technology resources that allow them to operate their excellent practice. And they have the freedom to control their consumer relationships, for the reason that they know their shoppers very best. Just set, we get care of our advisors, so they can get care of their shoppers.
** Leading RIA custodian (Cerulli Associates, 2019 U.S. RIA Marketplace Report) No. 1 Unbiased Broker-Seller in the U.S (Primarily based on whole revenues, Money Preparing magazine 1996-2021) No. 1 company of 3rd-get together brokerage products and services to financial institutions and credit unions (2020-2021 Kehrer Bielan Research & Consulting Once-a-year TPM Report) Fortune 500 Business as of June 2021
*Primarily based on prior business enterprise and signifies property that would have been custodied at LPL Money, alternatively than 3rd-get together custodians. Documented property and consumer figures have not been independently and absolutely verified by LPL Money.
Securities and advisory products and services provided via LPL Money LLC, an SEC- registered broker-dealer and investment decision advisor. Member FINRA/SIPC
In the course of this interaction, the terms “financial advisors” and “advisors” are applied to refer to registered representatives and/or investment decision advisor representatives affiliated with LPL Money LLC. We routinely disclose info that might be crucial to shareholders in the “Investor Relations” or “Press Releases” part of our web-site.
EQ Private Prosperity Advisors, The Money Products and services Network and LPL Money are different entities.
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