LPL Financial Welcomes Advisor Marcus Alexander to Linsco Channel
LPL Financial announced that financial advisor Marcus S. Alexander has joined their employee advisor channel, Linsco by LPL Financial, to launch Alexander Wealth Solutions. Alexander, who previously served at Merrill Lynch, brings approximately $340 million in advisory, brokerage and retirement plan assets and will operate from LPL's newest Linsco office in Newport Beach, California.
The move provides Alexander with greater autonomy while maintaining access to LPL's integrated wealth management platform and business resources. Through Linsco, advisors receive support from branch management teams and dedicated consultants, allowing them to focus on client service while outsourcing operations, technology, and administrative tasks.
LPL Financial Holdings Inc. (LPLA) currently supports over 28,000 financial advisors and 1,200 financial institutions, managing approximately $1.8 trillion in brokerage and advisory assets for 6 million Americans.
LPL Financial ha annunciato che il consulente finanziario Marcus S. Alexander si è unito al loro canale di consulenti dipendenti, Linsco by LPL Financial, per lanciare Alexander Wealth Solutions. Alexander, che in precedenza ha lavorato presso Merrill Lynch, porta con sé circa 340 milioni di dollari in asset di consulenza, intermediazione e piani pensionistici e opererà dal nuovo ufficio Linsco di LPL a Newport Beach, California.
Questa scelta offre ad Alexander maggiore autonomia, mantenendo l'accesso alla piattaforma integrata di gestione patrimoniale e alle risorse aziendali di LPL. Attraverso Linsco, i consulenti ricevono supporto dai team di gestione delle filiali e consulenti dedicati, consentendo loro di concentrarsi sul servizio ai clienti mentre esternalizzano operazioni, tecnologia e attività amministrative.
LPL Financial Holdings Inc. (LPLA) attualmente supporta oltre 28.000 consulenti finanziari e 1.200 istituzioni finanziarie, gestendo circa 1,8 trilioni di dollari in asset di intermediazione e consulenza per 6 milioni di americani.
LPL Financial anunció que el asesor financiero Marcus S. Alexander se ha unido a su canal de asesores empleados, Linsco by LPL Financial, para lanzar Alexander Wealth Solutions. Alexander, quien anteriormente trabajó en Merrill Lynch, aporta aproximadamente $340 millones en activos de asesoría, corretaje y planes de jubilación y operará desde la nueva oficina de Linsco de LPL en Newport Beach, California.
Este movimiento le proporciona a Alexander mayor autonomía mientras mantiene el acceso a la plataforma integrada de gestión patrimonial y recursos empresariales de LPL. A través de Linsco, los asesores reciben apoyo de los equipos de gestión de sucursales y consultores dedicados, lo que les permite centrarse en el servicio al cliente mientras subcontratan operaciones, tecnología y tareas administrativas.
LPL Financial Holdings Inc. (LPLA) actualmente apoya a más de 28,000 asesores financieros y 1,200 instituciones financieras, gestionando aproximadamente $1.8 billones en activos de corretaje y asesoría para 6 millones de estadounidenses.
LPL Financial은 재정 상담사 Marcus S. Alexander가 직원 상담사 채널인 Linsco by LPL Financial에 합류하여 Alexander Wealth Solutions을 출범했다고 발표했습니다. 이전에 Merrill Lynch에서 근무했던 Alexander는 약 3억 4천만 달러의 자산 관리, 중개 및 퇴직 계획 자산을 가지고 있으며, LPL의 새로운 Linsco 사무소가 있는 캘리포니아주 뉴포트 비치에서 활동할 것입니다.
이번 이동은 Alexander에게 더 큰 자율성을 제공하며 LPL의 통합 자산 관리 플랫폼과 비즈니스 리소스에 대한 접근을 유지합니다. Linsco를 통해 상담사는 지점 관리 팀과 전담 컨설턴트의 지원을 받아 고객 서비스에 집중할 수 있으며 운영, 기술 및 관리 업무를 아웃소싱할 수 있습니다.
LPL Financial Holdings Inc. (LPLA)는 현재 28,000명 이상의 재정 상담사와 1,200개의 금융 기관을 지원하며, 600만 미국인을 위해 약 1.8조 달러의 중개 및 자문 자산을 관리하고 있습니다.
LPL Financial a annoncé que le conseiller financier Marcus S. Alexander a rejoint leur canal de conseillers salariés, Linsco by LPL Financial, pour lancer Alexander Wealth Solutions. Alexander, qui a précédemment travaillé chez Merrill Lynch, apporte environ 340 millions de dollars en actifs de conseil, de courtage et de plans de retraite et opérera depuis le nouveau bureau Linsco de LPL à Newport Beach, Californie.
Ce mouvement offre à Alexander une plus grande autonomie tout en maintenant l'accès à la plateforme intégrée de gestion de patrimoine et aux ressources commerciales de LPL. Grâce à Linsco, les conseillers reçoivent un soutien des équipes de gestion des agences et des consultants dédiés, leur permettant de se concentrer sur le service client tout en externalisant les opérations, la technologie et les tâches administratives.
LPL Financial Holdings Inc. (LPLA) soutient actuellement plus de 28 000 conseillers financiers et 1 200 institutions financières, gérant environ 1,8 trillion de dollars en actifs de courtage et de conseil pour 6 millions d'Américains.
LPL Financial gab bekannt, dass der Finanzberater Marcus S. Alexander sich ihrem Mitarbeiterberater-Kanal, Linsco by LPL Financial, angeschlossen hat, um Alexander Wealth Solutions zu gründen. Alexander, der zuvor bei Merrill Lynch tätig war, bringt etwa 340 Millionen Dollar in Beratung, Brokerage und Altersvorsorgevermögen mit und wird von LPLs neuestem Linsco-Büro in Newport Beach, Kalifornien, aus arbeiten.
Dieser Schritt verschafft Alexander größere Autonomie, während er weiterhin Zugang zu LPLs integrierter Vermögensverwaltung und den Geschäftsrressourcen hat. Durch Linsco erhalten Berater Unterstützung von den Filialmanagementteams und eigens dafür zuständigen Beratern, wodurch sie sich auf den Kundenservice konzentrieren können, während sie Betrieb, Technologie und administrative Aufgaben outsourcen.
LPL Financial Holdings Inc. (LPLA) unterstützt derzeit über 28.000 Finanzberater und 1.200 Finanzinstitute und verwaltet etwa 1,8 Billionen Dollar an Brokerage- und Beratungsvermögen für 6 Millionen Amerikaner.
- Addition of advisor managing $340 million in assets strengthens LPL's wealth management portfolio
- Strategic expansion of Linsco channel with new Newport Beach office
- Company maintains strong market position with $1.8 trillion in managed assets
- None.
Insights
The addition of Marcus Alexander with
The expansion of LPL's Linsco employee channel demonstrates the firm's commitment to offering multiple affiliation models, which is important for capturing different segments of the advisor market. However, the immediate financial impact on LPL's bottom line will be minimal, contributing an estimated
This advisor transition reflects the ongoing evolution in the wealth management industry's competitive landscape. LPL's hybrid model, offering both independence and institutional support, directly challenges traditional wirehouses' grip on high-net-worth client relationships. The Newport Beach office opening signals LPL's strategic push into premium markets where wirehouses have historically dominated.
The timing of this recruitment coincides with an industry-wide acceleration in advisor movement, particularly as aging advisors seek succession planning solutions and younger professionals demand modern technology platforms. Alexander's profile - international background, marathon runner, Duke MBA - suggests a focus on attracting advisors who can relate to affluent, globally-minded clients, a demographic increasingly important in wealth management.
SAN DIEGO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Marcus S. Alexander, CPFA®, MBA, has joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Alexander Wealth Solutions. He reported serving approximately
A native of Wimbledon, England, Alexander graduated from Loughborough University before moving to the States to earn his MBA from Duke University. As a well-educated businessman with great charisma and a knack for building relationships, Alexander was once told he should be a talk show host, but he chose to channel that energy into the world of investing.
“My passion is working with business owners, families and retirees to help guide them toward more secure financial futures,” said Alexander, a highly global and cultured thinker who has lived in Singapore, Boston and across the U.S. “I thoroughly enjoy investment planning and connecting with each client on a personal level to understand their specific goals, needs and dreams so that I can deliver results.”
Alexander’s search for greater autonomy and the ability to lean into his entrepreneurial spirit led him to Linsco by LPL Financial.
Why he made the move to LPL
“LPL’s dedication to independence, flexibility and mutually beneficial business relationships is what drew me to the firm,” Alexander said. “I’m excited to be part of an organization that equips me with the strategic resources and support necessary to develop a thriving advisory practice and deliver enhanced experiences to my clients.”
With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of having support from an experienced branch management team and other dedicated consultants. This dynamic relationship gives advisors the ability to outsource things like real estate, technology, operations support and payroll so they can focus on what matters most: taking care of their clients.
“This move allows me to provide my clients with the resources of a large firm while also maintaining the independence and flexibility to run my business the way I want," Alexander said. "Linsco is a perfect fit for me. I’m able to delegate to the strong team behind me while I’m out in the field meeting people and having important conversations with clients.”
Outside of work, Alexander has been an enthusiastic runner since his youth, having set several British age records in the 1500-meter and 3000-meter categories and competed in the IRONMAN 70.3 world championships, as well as the Boston Marathon. He’s an avid Duke Blue Devils college basketball fan and enjoys reading about science and astrophysics.
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Marcus to the Linsco community, and we’re committed to being his long-term partner throughout the life cycle of his practice. At LPL, we provide financial advisors with the freedom to operate on their own terms, and innovative technology, comprehensive resources and strategic business solutions to help them deliver personalized advice and exceptional service experiences.”
Related
Advisors, learn how LPL Financial can help take your business to the next level.
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 28,000 financial advisors and the wealth management practices of 1,200 financial institutions, servicing and custodying approximately
Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States.
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 2024
Media Contact:
Media.relations@LPLFinancial.com
(704) 996-1840
Tracking #679050
FAQ
How much in assets did Marcus Alexander bring to LPL Financial (LPLA) in January 2025?
What is the total asset value managed by LPL Financial (LPLA) as of 2025?
How many financial advisors does LPL Financial (LPLA) support?
Where will Marcus Alexander's new practice be located under LPL Financial (LPLA)?
