LPL Financial Welcomes Argosy Financial
LPL Financial announced that Argosy Financial, led by James P. Norris, has joined LPL's broker-dealer, RIA and custodial platforms, transitioning from Centaurus Financial. The Arizona-based practice manages approximately $250 million in advisory, brokerage and retirement plan assets. Norris, who has over 20 years of experience and was previously affiliated with LPL, returns to the firm citing its robust technology and resources as key factors. The move aligns with LPL's growth strategy, as the firm currently supports more than 28,000 financial advisors and manages approximately $1.6 trillion in brokerage and advisory assets for 8 million Americans.
LPL Financial ha annunciato che Argosy Financial, guidato da James P. Norris, è entrato a far parte delle piattaforme di broker-dealer, RIA e custodia di LPL, passando da Centaurus Financial. La pratica con sede in Arizona gestisce circa $250 milioni in asset di consulenza, intermediazione e piani pensionistici. Norris, che ha oltre 20 anni di esperienza ed era precedentemente affiliato a LPL, torna in azienda citando la sua tecnologia avanzata e risorse come fattori chiave. Questo passaggio si allinea con la strategia di crescita di LPL, poiché l'azienda attualmente supporta più di 28.000 consulenti finanziari e gestisce circa $1,6 trilioni in asset di intermediazione e consulenza per 8 milioni di americani.
LPL Financial anunció que Argosy Financial, dirigido por James P. Norris, se ha unido a las plataformas de corretaje, RIA y custodia de LPL, tras trasladarse de Centaurus Financial. La oficina ubicada en Arizona gestiona aproximadamente $250 millones en activos de asesoría, corretaje y planes de jubilación. Norris, que cuenta con más de 20 años de experiencia y que anteriormente estuvo afiliado a LPL, regresa a la firma citando su sólida tecnología y recursos como factores clave. Este movimiento está alineado con la estrategia de crecimiento de LPL, ya que la firma apoya actualmente a más de 28,000 asesores financieros y gestiona aproximadamente $1.6 billones en activos de corretaje y asesoría para 8 millones de estadounidenses.
LPL Financial는 Argosy Financial가 James P. Norris의 주도로 Centaurus Financial에서 LPL의 중개업체, RIA 및 수탁 플랫폼으로 전환했다고 발표했습니다. 애리조나에 본사를 둔 이 회사는 약 $2억 5천만의 자산을 관리하고 있습니다 . Norris는 20년 이상의 경력을 보유하고 있으며, 이전에 LPL에 소속되어 있었고, LPL의 강력한 기술과 자원을 주요 요인으로 언급하며 회사로 돌아왔습니다. 이 이동은 LPL의 성장 전략에 부합하며, 현재 28,000명 이상의 재무 상담사를 지원하고 있으며, 약 $1.6조의 중개 및 조언 자산을 800만 미국인에게 관리하고 있습니다.
LPL Financial a annoncé que Argosy Financial, dirigé par James P. Norris, a rejoint les plateformes de courtage, de RIA et de conservation de LPL, après être passé de Centaurus Financial. Le cabinet basé en Arizona gère environ $250 millions d'actifs en conseil, courtage et plans de retraite. Norris, qui a plus de 20 ans d'expérience et qui était auparavant affilié à LPL, revient à la société en citant sa technologie robuste et ses ressources comme des facteurs clés. Ce mouvement s'aligne sur la stratégie de croissance de LPL, car la société soutient actuellement plus de 28 000 conseillers financiers et gère environ $1,6 trillion d'actifs de courtage et de conseil pour 8 millions d'Américains.
LPL Financial gab bekannt, dass Argosy Financial, unter der Leitung von James P. Norris, zu den Broker-Dealer-, RIA- und Verwahrplattformen von LPL gewechselt ist, nachdem sie von Centaurus Financial gewechselt sind. Das in Arizona ansässige Unternehmen verwaltet etwa $250 Millionen in Beratungs-, Brokerage- und Altersvorsorgevermögen. Norris, der über 20 Jahre Erfahrung verfügt und zuvor mit LPL verbunden war, kehrt zu der Firma zurück und nennt deren robuste Technologie und Ressourcen als entscheidende Faktoren. Der Schritt passt zur Wachstumsstrategie von LPL, da das Unternehmen derzeit mehr als 28.000 Finanzberater unterstützt und etwa $1,6 Billionen in Brokerage- und Beratungsvermögen für 8 Millionen Amerikaner verwaltet.
- Addition of $250 million in managed assets to LPL's platform
- Demonstrates ability to attract back former advisors, validating platform strength
- Contributes to LPL's growth strategy with $1.6 trillion in total assets under management
- None.
Insights
The addition of Argosy Financial, managing
SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that financial advisor James P. Norris, MBA, APMA®, of Argosy Financial has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported serving approximately
Based in Glendale, Ariz., Norris has more than 20 years of experience in financial services, specializing in investment management, client portfolio construction and retirement planning. He prides himself on developing personalized investment strategies for each client’s distinct needs, rather than using a templated approach.
With support from team members Michael O’Brien, Romy Quick and Sarah Norris, Argosy Financial is committed to providing clients with the highest level of service, operating with three values at top of mind: honesty, integrity and trust. “Without honesty, we cannot advise; without integrity we cannot put clients’ needs first; and without trust, we cannot survive,” Norris said.
Norris was a longtime LPL advisor in the past who left to become a successor for two retiring advisors. As his business continued to grow, Norris felt it was the ideal time to return to his roots and take advantage of LPL’s industry-leading capabilities.
“We are thrilled to be joining LPL Financial — in many ways, it feels like coming home,” Norris said. “LPL’s robust technology and resources will enable us to provide our clients with the best possible service and strategies. We appreciate all the customizable options and flexibility within the digital platform. We also expect considerable time savings that we can invest back into taking care of our clients.”
Scott Posner, LPL Executive Vice President, Business Development, said, “We extend a warm welcome to James and his team. It is great to have him back in the LPL community. As the industry continues to evolve at an accelerated pace, we remain steadfast in our commitment to deliver innovative capabilities and strategic resources designed to help advisors run thriving practices and bring added value to their clients. We look forward to supporting Argosy Financial for years to come.”
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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 1,000 financial institutions, servicing and custodying approximately
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