LPL Financial Welcomes Sterling Wealth Group

CHARLOTTE, N.C., Dec. 20, 2021 (Globe NEWSWIRE) — LPL Economical LLC (Nasdaq:LPLA) introduced now that Sterling Wealth Team has joined LPL Financial’s broker-seller, corporate registered financial investment advisor (RIA) and custodial platforms. The Sterling crew reported to LPL that it served about $390 million in advisory, brokerage and retirement plan property.* They sign up for from MML Traders Providers.

Founder Robert Sterling Madden CLU, ChFC, CFP® started out the Melville, N.Y.-primarily based company much more than 35 a long time in the past when he identified his enthusiasm for serving to some others go after their retirement dreams. He is joined by his son, Michael Sterling Madden, CFP®, who has 20 a long time of working experience in the fiscal products and services business. The Sterling Wealth Group’s eyesight is to aid consumers make clear their definition of fiscal achievements and provide them with extensive-phrase fiscal procedures to get there.

“As shopper-centric advisors, we want to make a difference in each client’s life,” Bob Madden stated. “We pledge our awareness and assets to aid our consumers do the job toward what is crucial to their fiscal wellbeing by furnishing personalization, professionalism and excellent support.”

As the family crew prepares for long run development and the future chapter of their business enterprise, they selected to align with LPL and JFC Advisor Community. “We invested at least a calendar year of owing diligence to decide what was finest for our consumers and business enterprise,” Bob Madden stated. “We looked at technological innovation abilities, breadth of financial investment possibilities, investigation and assets right before concluding that LPL’s built-in system is basically unequalled. We also respect the family atmosphere and additional assistance furnished by JFC. We wholeheartedly imagine this new partnership will enrich the shopper working experience, and allow us to provide their requires much more properly and effectively.”

Exterior of do the job, the crew is hugely dedicated to offering back again, primarily to all those who provide in the armed forces. Bob Madden is a United States Naval Academy graduate who served as a Surface area Warfare Officer for six a long time prior to signing up for the fiscal products and services business. He is co-founder and president of Charge of Independence, Inc., which has a mission to pass the main values of honor, bravery and determination to long run generations. He stays passionate about honoring soldiers and marines, and each calendar year hosts wounded warriors and hurt marines at an annual Charge of Independence weekend held at the Military-Navy match. He is on the board of directors for America’s Vet Dogs and the Tutorial Doggy Basis, and also supports Injured Maritime Semper Fi Fund and the Travis Manion Basis.

“It is with fantastic pleasure that we welcome Bob and Mike Madden of Sterling Wealth Team to JFC Advisor Community and LPL,” stated Jack Connealy, founder of JFC Advisor Community. “Bob has devoted his life to serving his nation, neighborhood and consumers, and he sets an exemplary conventional for us all the two individually and professionally. We are honored that Bob and Mike have preferred to husband or wife with JFC and glance ahead to supporting their continued development for a long time to occur.”

Scott Posner, LPL executive vice president, Business Growth, stated, “We lengthen a heat welcome to Bob and Michael, and are honored to have them be a part of the LPL neighborhood. Every little thing we do at LPL is made to provide advisors with the assistance they need to have to run productive tactics. Their greatness is our objective. We are dedicated to furnishing powerful abilities, progressive technological innovation and sturdy business enterprise alternatives to aid enhance performance and create meaningful, differentiated shopper activities. We glance ahead to supporting Sterling Wealth Team for a long time to occur.”

Advisors, come across an LPL business enterprise advancement representative near you.

About LPL Economical
LPL Economical (Nasdaq: LPLA) was launched on the theory that the company should do the job for the advisor, and not the other way all over. Currently, LPL is a leader** in the marketplaces we provide, supporting much more than 19,000 fiscal advisors, 800 institution-primarily based financial investment courses and 450 impartial RIA firms nationwide. We are steadfast in our determination to the advisor-centered model and the belief that Individuals have earned accessibility to personalised advice from a fiscal advisor. At LPL, independence implies that advisors have the independence they have earned to pick out the business enterprise model, products and services, and technological innovation assets that allow them to run their fantastic observe. And they have the independence to deal with their shopper relationships, for the reason that they know their consumers finest. Simply just set, we choose care of our advisors, so they can choose care of their consumers.

* Benefit approximated primarily based on asset and keeping information furnished to LPL from the calendar year 2021

** Prime RIA custodian (Cerulli Associates, 2020 U.S. RIA Market Report) No. 1 Unbiased Broker-Seller in the U.S (Primarily based on full revenues, Economical Preparing magazine 1996-2021) No. 1 company of 3rd-bash brokerage products and services to financial institutions and credit score unions (2020-2021 Kehrer Bielan Investigation & Consulting Annual TPM Report) Fortune 500 as of June 2021

Securities and advisory products and services supplied as a result of LPL Economical LLC, an SEC-registered broker-seller and financial investment advisor. Member FINRA/ SIPC

During this communication, the terms “financial advisors” and “advisors” are applied to refer to registered associates and/or financial investment advisor associates affiliated with LPL Economical LLC. We routinely disclose info that could be crucial to shareholders in the “Investor Relations” or “Press Releases” segment of our website.

Sterling Wealth Team, JFC Advisor Community and LPL Economical are separate entities.

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