LPL Financial Welcomes Financial Advisor William Fenwick
LPL Financial announced that William "Bill" Fenwick of Fenwick Financial has joined LPL Financial's broker-dealer, RIA and custodial platforms. Fenwick, a retired U.S. Marine Corps officer with 38 years of experience in financial services, reported serving approximately $210 million in advisory, brokerage and retirement plan assets. He joins LPL from First Kentucky Securities.
Fenwick's decision to join LPL was driven by his commitment to the fiduciary standard and LPL's resources to support advisors. His son, William "Trey" Fenwick, III, plans to join the practice in the coming months, ensuring continuity for clients. Scott Posner, LPL Executive Vice President, Business Development, welcomed Fenwick and highlighted LPL's support for advisors' growth and succession plans.
LPL Financial ha annunciato che William "Bill" Fenwick di Fenwick Financial è entrato a far parte delle piattaforme di broker-dealer, RIA e custodia di LPL Financial. Fenwick, un ex ufficiale del Corpo dei Marines degli Stati Uniti con 38 anni di esperienza nei servizi finanziari, ha dichiarato di gestire circa $210 milioni in consulenze, brokerage e assets di piani pensionistici. Si unisce a LPL da First Kentucky Securities.
La decisione di Fenwick di unirsi a LPL è stata guidata dal suo impegno verso lo standard fiduciario e dalle risorse di LPL per supportare i consulenti. Suo figlio, William "Trey" Fenwick, III, prevede di unirsi allo studio nei prossimi mesi, garantendo continuità per i clienti. Scott Posner, Vicepresidente Esecutivo di LPL, Sviluppo Affari, ha accolto Fenwick e ha sottolineato il supporto di LPL per la crescita dei consulenti e i piani di successione.
LPL Financial anunció que William "Bill" Fenwick de Fenwick Financial se ha unido a las plataformas de corretaje, RIA y custodia de LPL Financial. Fenwick, un oficial retirado del Cuerpo de Marines de EE. UU. con 38 años de experiencia en servicios financieros, informó que gestiona aproximadamente $210 millones en activos de asesoría, correduría y planes de jubilación. Se une a LPL procedente de First Kentucky Securities.
La decisión de Fenwick de unirse a LPL fue impulsada por su compromiso con el estándar fiduciario y los recursos de LPL para apoyar a los asesores. Su hijo, William "Trey" Fenwick, III, planea unirse a la práctica en los próximos meses, asegurando la continuidad para los clientes. Scott Posner, Vicepresidente Ejecutivo de LPL, Desarrollo de Negocios, dio la bienvenida a Fenwick y destacó el apoyo de LPL para el crecimiento y los planes de sucesión de los asesores.
LPL Financial은 William "Bill" Fenwick가 Fenwick Financial에서 LPL Financial의 중개인, RIA 및 수탁 플랫폼에 합류했다고 발표했습니다. Fenwick는 38년의 재무 서비스 경험을 가진 퇴역 미 해병대 장교로, aproximadamente $210백만의 자문, 중개 및 퇴직 연금 자산을 관리하고 있습니다. 그는 First Kentucky Securities에서 LPL로 합류합니다.
Fenwick가 LPL에 합류하기로 한 결정은 그의 신탁 기준에 대한 헌신과 자문을 지원하기 위한 LPL의 자원 때문이었습니다. 그의 아들, William "Trey" Fenwick, III는 오는 몇 달 안에 이 직무에 합류할 예정이며, 이는 고객에게 지속성을 보장합니다. Scott Posner, LPL 부사장, 비즈니스 개발은 Fenwick를 환영하고 자문가의 성장 및 승계 계획에 대한 LPL의 지원을 강조했습니다.
LPL Financial a annoncé que William "Bill" Fenwick de Fenwick Financial a rejoint les plateformes de courtage, RIA et de conservation de LPL Financial. Fenwick, un ancien officier du Corps des Marines des États-Unis avec 38 ans d'expérience dans les services financiers, a déclaré gérer environ $210 millions d'actifs en conseil, courtage et plans de retraite. Il rejoint LPL en provenance de First Kentucky Securities.
La décision de Fenwick de rejoindre LPL a été motivée par son engagement envers la norme fiduciaire et les ressources de LPL pour soutenir les conseillers. Son fils, William "Trey" Fenwick, III, prévoit de rejoindre le cabinet dans les mois à venir, assurant ainsi la continuité pour les clients. Scott Posner, Vice-Président Exécutif de LPL, Développement Commercial, a accueilli Fenwick et a souligné le soutien de LPL à la croissance et aux plans de succession des conseillers.
LPL Financial gab bekannt, dass William "Bill" Fenwick von Fenwick Financial sich den Broker-Dealer-, RIA- und Verwahrplattformen von LPL Financial angeschlossen hat. Fenwick, ein ehemaliger Offizier des US Marine Corps mit 38 Jahren Erfahrung im Finanzdienstleistungssektor, berichtete, dass er ungefähr $210 Millionen an Beratungs-, Brokerage- und Rentenplänen verwaltet. Er kommt von First Kentucky Securities zu LPL.
Die Entscheidung von Fenwick, zu LPL zu wechseln, wurde durch sein Engagement für den Treuhänderstandard und die Ressourcen von LPL, die Berater unterstützen, motiviert. Sein Sohn, William "Trey" Fenwick, III, plant, in den kommenden Monaten in die Praxis einzutreten, um die Kontinuität für die Kunden zu gewährleisten. Scott Posner, Executive Vice President von LPL, Business Development, begrüßte Fenwick und hob die Unterstützung von LPL für das Wachstum und die Nachfolgeplanung von Beratern hervor.
- William Fenwick brings $210 million in assets to LPL Financial
- Fenwick's son plans to join the practice, ensuring generational continuity
- LPL's platform supports growth and succession planning for advisors
- None.
SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that financial advisor William “Bill” Fenwick of Fenwick Financial has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported serving approximately
Based in Louisville, Ky., Fenwick is a retired U.S. Marine Corps officer with 38 years of experience in the financial services industry. He believes his military experience, coupled with his astute study of the markets and economy, shaped his ability to guide clients through market fluctuations and build personal relationships that extend across generations.
“The leadership skills and sense of responsibility gained from serving in the Marine Corps overlap into financial services,” Fenwick said. “Veterans in our industry tend to have a deeper understanding of service and advocacy, which is the foundation for a fiduciary-focused investment practice. I enjoy educating my clients and making a difference in their lives by providing advice and counseling them on important financial decisions.”
Although Fenwick was a founding member and part owner of First Kentucky Securities, a regional brokerage firm, he came to realize his business needs and client expectations were outgrowing the firm. He sought a new partner to take his business to the next level, and his due diligence process led him to LPL.
“The industry has gone through significant change over the past decades. What was once a focus on sales has now shifted to prioritizing the client’s needs,” said Fenwick, who is supported by his wife, Karen, and registered assistant Patricia Hughes. “The fiduciary standard is something I’ve been drawn to from the start. I am committed to serving my clients as an advisor and investment manager with their best interests at heart, offering a foundation of honesty and integrity. The longevity of my practice is a testament to the confidence my clients have in me and my team.”
He added, “The shared mission and dedication to client service at LPL resonate with our own, and we are proud to be associated with a partner of such high caliber. LPL’s commitment to providing advisors with the resources and support they need to be successful was a key factor in my decision to make this move. I look forward to continuing to grow my practice and to helping my clients pursue their financial goals.”
With an eye to the future, Fenwick said the move was not merely a strategic decision for his practice today, but also a foundational one for its future. His son, William “Trey” Fenwick, III, recently returned from his service in the U.S. Army Special Forces (Green Beret) and plans to join the practice in the coming months, helping to ensure clients are taken care of for generations to come.
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Bill to LPL and thank him for his many years of military service. The acceleration of advisors moving to LPL from regional firms is a testament to the strong support we provide to help financial professionals realize their growth and succession plans. We look forward to supporting Bill’s team and their goals for the future as they build out a generational practice with clients top of mind.”
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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 more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor 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. Fenwick Financial and LPL 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.
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