LPL Financial Welcomes Financial Advisors Ryan Kirby, Michael Alvarez
LPL Financial announced that financial advisors Ryan Kirby and Michael Alvarez have joined their platforms from U.S. Bank, bringing approximately $540 million in advisory, brokerage and retirement plan assets. The advisors will align with Seapoint Wealth Advisors under LPL's Strategic Wealth Services, which provides entrepreneurial freedom with operational support. Based in San Diego, they will become managing directors at Seapoint and open a new downtown office, supported by sales associate Leon Aceituno. The move aims to enhance client service through LPL's flexible platform and independent business model.
LPL Financial ha annunciato che i consulenti finanziari Ryan Kirby e Michael Alvarez si sono uniti alle loro piattaforme provenienti da U.S. Bank, portando circa 540 milioni di dollari in attivi di consulenza, intermediazione e piani pensionistici. I consulenti si allineeranno con Seapoint Wealth Advisors sotto i servizi strategici di LPL, che offre libertà imprenditoriale con supporto operativo. Con sede a San Diego, diventeranno direttori generali presso Seapoint e apriranno un nuovo ufficio in centro, supportati dall'associato alle vendite Leon Aceituno. Questa mossa mira a migliorare il servizio clienti attraverso la piattaforma flessibile di LPL e il modello di business indipendente.
LPL Financial anunció que los asesores financieros Ryan Kirby y Michael Alvarez se han unido a sus plataformas desde U.S. Bank, aportando aproximadamente $540 millones en activos de asesoría, corretaje y planes de jubilación. Los asesores se alinearán con Seapoint Wealth Advisors bajo los Servicios de Riqueza Estratégica de LPL, que proporciona libertad empresarial con apoyo operativo. Con sede en San Diego, se convertirán en directores generales en Seapoint y abrirán una nueva oficina en el centro, apoyados por el asociado de ventas Leon Aceituno. Este movimiento tiene como objetivo mejorar el servicio al cliente a través de la plataforma flexible de LPL y el modelo de negocio independiente.
LPL Financial은 금융 자문가 Ryan Kirby와 Michael Alvarez가 U.S. Bank에서 그들의 플랫폼에 합류하여 약 5억 4천만 달러의 자산(자문, 중개 및 퇴직연금)을 가져왔음을 발표했습니다. 자문가는 LPL의 전략적 자산 서비스 하에 세포인트 웰스 어드바이저스와 협력하게 되며, 이는 운영 지원과 함께 기업가적 자유를 제공합니다. 샌디에이고에 본사를 두고 그들은 세포인트에서 관리 이사가 되고 새로운 시내 사무소를 열며, 판매 직원 Leon Aceituno의 지원을 받습니다. 이 움직임은 LPL의 유연한 플랫폼과 독립 비즈니스 모델을 통해 고객 서비스를 향상시키는 것을 목표로 합니다.
LPL Financial a annoncé que les conseillers financiers Ryan Kirby et Michael Alvarez ont rejoint leurs plateformes depuis U.S. Bank, apportant environ 540 millions de dollars en actifs de conseil, courtage et plans de retraite. Les conseillers s'associeront avec Seapoint Wealth Advisors sous les Services de Richesse Stratégique de LPL, qui offrent une liberté entrepreneuriale avec un soutien opérationnel. Basés à San Diego, ils deviendront directeurs généraux chez Seapoint et ouvriront un nouveau bureau en centre-ville, soutenus par l'associé commercial Leon Aceituno. Ce mouvement vise à améliorer le service client grâce à la plateforme flexible de LPL et au modèle commercial indépendant.
LPL Financial hat angekündigt, dass die Finanzberater Ryan Kirby und Michael Alvarez von U.S. Bank zu ihren Plattformen gewechselt sind und dabei etwa 540 Millionen Dollar an Beratungs-, Brokerage- und Rentenplanvermögen mitgebracht haben. Die Berater werden sich mit Seapoint Wealth Advisors im Rahmen von LPLs Strategischen Vermögensdiensten zusammenschließen, die unternehmerische Freiheit mit betrieblichem Support bieten. Mit Sitz in San Diego werden sie geschäftsführende Direktoren bei Seapoint und ein neues Büro in der Innenstadt eröffnen, unterstützt von dem Verkaufsmitarbeiter Leon Aceituno. Der Schritt zielt darauf ab, den Kundenservice über LPLs flexible Plattform und das unabhängige Geschäftsmodell zu verbessern.
- Acquisition of advisors managing $540 million in assets
- Strategic expansion of Seapoint Wealth Advisors' presence in San Diego market
- Addition of experienced financial advisors to LPL's platform
- None.
Insights
The onboarding of advisors managing
The transition demonstrates LPL's competitive advantage in the independent advisor space, particularly through its supported independence model. This business model generates recurring revenue through advisory fees and platform services, contributing to LPL's stable revenue stream. With approximately 23,000 financial advisors already on their platform, this addition further strengthens LPL's market position and potential for increased assets under management.
SAN DIEGO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that financial advisors Ryan Kirby, CFP®, and Michael Alvarez have joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with existing firm Seapoint Wealth Advisors (Seapoint). Kirby and Alvarez reported serving approximately
Based in San Diego, Kirby and Alvarez are longtime colleagues who built their practices on the foundation of personal connections and a commitment to making a positive impact in the lives of their clients. With Kirby serving as a mentor to Alvarez early on, they now embark on the journey to independence as business partners with a shared vision and aspiration for the future.
“After a long career of learning and growing, we decided independence was the best way for us to deliver advice and enhance services for our clients,” Kirby said. “As a business owner with the freedom to operate on my own terms, I look forward to offering a more common-sense approach to client relationships and placing their best interest first. With the robust support from LPL’s innovative platform, combined with the collective group of like-minded financial professionals at Seapoint, Michael and I believe this move will help us in our pursuit of excellence in client service.”
Joining an existing LPL Strategic Wealth Services team
Kirby and Alvarez turned to one of LPL’s supported independence solutions, LPL Strategic Wealth Services (SW), which combines the freedom and flexibility of entrepreneurship with hands-on business services to help practices thrive, both operationally and strategically. Seapoint is an existing SW team that receives ongoing operations support managed by experienced professionals including a business strategist, marketing partner, CFO and administrative assistant.
“We’re independent financial advisors joining Seapoint as a thought collective. We are excited to become part of a community of advisors who share our commitment to excellence,” Alvarez said. "Over the years, investment advice has become commoditized, so it’s crucial that we provide customized strategies within an open architecture environment. With LPL’s flexible platform, everything from the client experience to portfolio management to financial planning can help us differentiate ourselves and provide greater focus and personalization for our clients.”
With the move to LPL, Kirby and Alvarez have become managing directors at Seapoint Wealth Advisors. They will open a new office in downtown San Diego while tapping into the resources provided under the Seapoint umbrella. They are supported by sales associate Leon Aceituno.
Chad Taylor, president of Seapoint Wealth Advisors, stated, “We’re excited to continue growing the Seapoint team with the addition of Ryan and Michael. Their commitment to putting clients first and their focus on building personal relationships make them a great fit for our firm. We look forward to supporting them as they create elevated experiences for clients.”
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Ryan and Michael to the LPL community and congratulate them on taking the next step in the evolution of their practice. Congratulations also to Chad and the Seapoint team on their continued growth. Advisors within our supported independence offering receive tailored experiences, along with access to robust technology and dedicated resources designed to help them deliver great advice and run thriving businesses. We look forward to a long and successful journey ahead with Seapoint Wealth Advisors.”
Related
Advisors, learn how LPL Financial can help take your business to the next level.
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. Seapoint Wealth Advisors 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.
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.
Media Contact:
Media.relations@LPLFinancial.com
(704) 996-1840
Tracking #656536
FAQ
How much in assets did Ryan Kirby and Michael Alvarez bring to LPL Financial (LPLA)?
Which firm did Ryan Kirby and Michael Alvarez join LPL Financial (LPLA) from?
What is the name of the LPL Financial (LPLA) affiliated firm that Kirby and Alvarez joined?
Where will Kirby and Alvarez establish their new office under LPL Financial (LPLA)?
