LPL Financial Welcomes Academy Financial and PFG Advisors
LPL Financial (Nasdaq: LPLA) announced that over 30 financial advisors from Academy Financial and PFG Advisors have joined LPL's platforms, bringing approximately $4 billion in assets. The advisors, previously with Lincoln Financial, will merge under the Academy brand. Academy Financial, founded in 1992 by Harry Horn, and PFG Advisors, led by Tyler McCraw and Steve Morris, specialize in wealth creation, preservation, and comprehensive financial planning.
The move to LPL was motivated by enhanced operational capabilities, advanced tools, and LPL's robust infrastructure. Brent J. Kvech of Academy Financial emphasized that the transition was made to benefit clients, aligning with their mission to 'serve first, serve last and serve always.' LPL Executive VP Scott Posner welcomed the firms, highlighting LPL's commitment to empowering advisors with innovative technology and resources.
LPL Financial (Nasdaq: LPLA) ha annunciato che oltre 30 consulenti finanziari provenienti da Academy Financial e PFG Advisors si sono uniti alle piattaforme di LPL, portando con sé circa $4 miliardi in attivi. I consulenti, precedentemente con Lincoln Financial, si uniranno sotto il marchio Academy. Academy Financial, fondata nel 1992 da Harry Horn, e PFG Advisors, guidata da Tyler McCraw e Steve Morris, si specializzano nella creazione e conservazione della ricchezza e nella pianificazione finanziaria completa.
La scelta di passare a LPL è stata motivata da capacità operative potenziate, strumenti avanzati e una solida infrastruttura di LPL. Brent J. Kvech di Academy Financial ha sottolineato che la transizione è stata effettuata per avvantaggiare i clienti, in linea con la loro missione di 'servire per primi, servire per ultimi e servire sempre.' Scott Posner, Vicepresidente Esecutivo di LPL, ha dato il benvenuto alle aziende, evidenziando l'impegno di LPL nell'emancipare i consulenti attraverso tecnologie innovative e risorse.
LPL Financial (Nasdaq: LPLA) anunció que más de 30 asesores financieros de Academy Financial y PFG Advisors se han unido a las plataformas de LPL, aportando aproximadamente $4 mil millones en activos. Los asesores, que anteriormente estaban con Lincoln Financial, se fusionarán bajo la marca Academy. Academy Financial, fundada en 1992 por Harry Horn, y PFG Advisors, liderada por Tyler McCraw y Steve Morris, se especializan en la creación, preservación de la riqueza y planificación financiera integral.
La decisión de unirse a LPL fue motivada por capacidades operativas mejoradas, herramientas avanzadas y la sólida infraestructura de LPL. Brent J. Kvech de Academy Financial enfatizó que la transición se realizó para beneficiar a los clientes, alineándose con su misión de 'servir primero, servir al final y servir siempre.' Scott Posner, Vicepresidente Ejecutivo de LPL, dio la bienvenida a las empresas, destacando el compromiso de LPL de empoderar a los asesores con tecnología y recursos innovadores.
LPL 금융(Nasdaq: LPLA)은 Academy Financial과 PFG Advisors의 30명 이상의 재정 상담사가 LPL 플랫폼에 합류하여 약 $40억 자산을 가져왔다고 발표했습니다. Lincoln Financial에 있었던 이 상담사들은 Academy 브랜드 아래 통합될 것입니다. 1992년 Harry Horn에 의해 설립된 Academy Financial과 Tyler McCraw와 Steve Morris가 이끄는 PFG Advisors는 부의 창출, 보존 및 종합 재정 계획을 전문으로 합니다.
LPL로의 이동은 향상된 운영 능력, 고급 도구 및 LPL의 견고한 인프라에 의해 촉발되었습니다. Academy Financial의 Brent J. Kvech는 전환이 고객에게 이익이 되도록 하려는 것이라고 강조하며, '먼저 서비스를 제공하고, 마지막으로 서비스를 제공하며, 항상 서비스를 제공하는' 그들의 사명과 일치한다고 말했습니다. LPL의 부사장 Scott Posner는 회사를 환영하며 혁신적인 기술과 자원으로 상담사를 지원하겠다는 LPL의 약속을 강조했습니다.
LPL Financial (Nasdaq: LPLA) a annoncé que plus de 30 conseillers financiers d'Academy Financial et de PFG Advisors ont rejoint les plateformes de LPL, apportant environ $4 milliards d'actifs. Les conseillers, auparavant chez Lincoln Financial, se fusionneront sous la marque Academy. Academy Financial, fondée en 1992 par Harry Horn, et PFG Advisors, dirigée par Tyler McCraw et Steve Morris, se spécialisent dans la création et la préservation de la richesse ainsi que dans la planification financière intégrée.
Le passage à LPL a été motivé par des capacités opérationnelles améliorées, des outils avancés et l'infrastructure robuste de LPL. Brent J. Kvech d'Academy Financial a souligné que la transition visait à bénéficier aux clients, s'alignant sur leur mission de 'servir d'abord, servir en dernier et servir toujours.' Scott Posner, Vice-Président Exécutif de LPL, a accueilli les entreprises, mettant en avant l'engagement de LPL à habiliter les conseillers avec des technologies et des ressources innovantes.
LPL Financial (Nasdaq: LPLA) gab bekannt, dass über 30 Finanzberater von Academy Financial und PFG Advisors sich LPLs Plattformen angeschlossen haben und dabei etwa 4 Milliarden Dollar an Vermögenswerten mitbringen. Die Berater, die zuvor bei Lincoln Financial tätig waren, werden unter der Marke Academy fusionieren. Academy Financial, 1992 von Harry Horn gegründet, und PFG Advisors, geleitet von Tyler McCraw und Steve Morris, sind auf Vermögensschaffung, -erhaltung und umfassende Finanzplanung spezialisiert.
Der Wechsel zu LPL wurde durch verbesserte operationale Fähigkeiten, fortschrittliche Werkzeuge und die robuste Infrastruktur von LPL motiviert. Brent J. Kvech von Academy Financial betonte, dass der Übergang zum Nutzen der Kunden erfolgte, was mit ihrer Mission übereinstimmt, 'zuerst zu dienen, zuletzt zu dienen und immer zu dienen.' Scott Posner, Executive Vice President von LPL, hieß die Firmen willkommen und hob das Engagement von LPL hervor, Beratern innovative Technologie und Ressourcen zur Verfügung zu stellen.
- LPL Financial gained over 30 financial advisors from Academy Financial and PFG Advisors
- The newly acquired advisors bring approximately $4 billion in assets to LPL Financial
- The merger under the Academy brand could lead to synergies and expanded client services
- LPL's enhanced operational capabilities and advanced tools may improve advisor efficiency
- None.
SAN DIEGO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that over 30 financial advisors with Academy Financial, Inc., and PFG Advisors have joined LPL Financial’s broker-dealer, RIA and custodial platforms. Collectively, they reported serving approximately
Headquartered in Lutherville, Md., Academy Financial was founded in 1992 by U.S. Military Academy graduate Harry Horn, CLU®, ChFC®, CRPC®, who built a client-centric firm based on the principles of integrity, professionalism and service. Since then, Academy has grown into a full-service, multidisciplinary financial planning firm that specializes in developing innovative wealth creation and preservation strategies. It’s now led by partners Brent J. Kvech, AWMA®, T. Joseph Barger, CRPC®, CLTC®, Michael T. Leonard, ChFC®, CRPC®, and Michael C. McFeeley, CFP®, MSFS, CRPC®, CBEC®, a former Maritime officer and United States Merchant Marine Academy grad. Horn continues to serve as a consultant and partner emeritus.
Based in Berwyn, Pa., PFG Advisors is led by Tyler McCraw, CFP®, and Steve Morris, ChFC®, CRPC®, CBEC®. PFG Advisors focuses on comprehensive financial planning with specializations in business succession planning, estate planning and corporate retirement strategies.
With the move to LPL, the two firms will merge and operate under the Academy brand umbrella. Together, they are unifying their shared commitment to building and preserving wealth for families, executives and business owners.
“We’re honored to have PFG Advisors join us as we continue to grow our firm and build meaningful relationships with clients,” Kvech said. “The PFG team shares our serve-first approach, and we look forward to collaborating on behalf of clients for the sole purpose of helping them work toward their financial goals with their best interests in mind.”
The teams turned to LPL for enhanced operational capabilities and access to advanced tools to help them efficiently manage client portfolios and concentrate on delivering personalized financial advice.
“LPL is in the business of supporting our business,” Kvech said. “We felt the stability of LPL — a Fortune 400 company with a large infrastructure, economies of scale and robust technology — would enable us to operate independently and focus solely on taking care of our clients. Ultimately, this move was made for the benefit of our clients and is part of our longtime mission to ‘serve first, serve last and serve always.’ We believe if you take care of clients and offer the best possible environment and services, everything will work out.”
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Academy Financial and PFG Advisors to LPL. At LPL, our vision is to be the best wealth management firm to help advisors maximize their success. We do that by providing innovative technology, tools, resources and a flexible operating environment that empowers advisors to deliver great advice and run thriving businesses. We look forward to supporting Academy Financial and PFG Advisors as they combine efforts and advance their practices to the next level.”
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About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving nearly 23,000 financial advisors, including advisors at approximately 1,100 institutions and at approximately 570 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.
Securities and Advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Academy Financial, PFG Advisors and LPL Financial are separate entities.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2023.
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