LPL Financial Welcomes GWC Financial Advisors to Linsco Channel
LPL Financial (Nasdaq: LPLA) announced that financial advisor Michael Bernier has joined their employee advisor channel, Linsco by LPL Financial, to launch GWC Financial Advisors. Bernier, who previously managed approximately $165 million in assets at Canter Wealth, will operate from the Linsco office in San Diego. With over 20 years of experience, he specializes in creating tax-efficient income streams for retirees and pre-retirees. The move to LPL's Linsco platform provides Bernier with greater autonomy while maintaining access to comprehensive services, integrated wealth management platform, and dedicated support team.
LPL Financial (Nasdaq: LPLA) ha annunciato che il consulente finanziario Michael Bernier si è unito al loro canale di consulenti dipendenti, Linsco by LPL Financial, per lanciare GWC Financial Advisors. Bernier, che in precedenza gestiva circa $165 milioni di attivi presso Canter Wealth, opererà dall'ufficio Linsco a San Diego. Con oltre 20 anni di esperienza, si specializza nella creazione di flussi di reddito efficienti dal punto di vista fiscale per i pensionati e coloro che si avvicinano alla pensione. Il passaggio alla piattaforma Linsco di LPL offre a Bernier maggiore autonomia pur mantenendo l'accesso a servizi completi, una piattaforma integrata di gestione patrimoniale e un team di supporto dedicato.
LPL Financial (Nasdaq: LPLA) anunció que el asesor financiero Michael Bernier se ha unido a su canal de asesores empleados, Linsco by LPL Financial, para lanzar GWC Financial Advisors. Bernier, que anteriormente gestionaba aproximadamente $165 millones en activos en Canter Wealth, operará desde la oficina de Linsco en San Diego. Con más de 20 años de experiencia, se especializa en crear flujos de ingresos fiscalmente eficientes para jubilados y futuros jubilados. La transición a la plataforma Linsco de LPL le brinda a Bernier mayor autonomía, al tiempo que mantiene el acceso a servicios completos, una plataforma integrada de gestión patrimonial y un equipo de soporte dedicado.
LPL Financial (Nasdaq: LPLA)은 재무 상담사 Michael Bernier가 LPL Financial의 직원 상담 채널인 Linsco에 합류하여 GWC Financial Advisors를 출범했다고 발표했습니다. Bernier는 이전에 Canter Wealth에서 약 $165 백만의 자산을 관리했으며, San Diego에 있는 Linsco 사무실에서 운영됩니다. 20년 이상의 경험을 가진 그는 은퇴자 및 은퇴 예정자를 위한 세금 효율적인 소득 흐름 창출을 전문으로 합니다. LPL의 Linsco 플랫폼으로의 이전은 Bernier에게 더 큰 자율성을 제공하면서 포괄적인 서비스, 통합된 자산 관리 플랫폼 및 전담 지원 팀에 대한 접근을 유지합니다.
LPL Financial (Nasdaq: LPLA) a annoncé que le conseiller financier Michael Bernier a rejoint leur canal de conseillers employés, Linsco by LPL Financial, pour lancer GWC Financial Advisors. Bernier, qui gérait auparavant environ 165 millions de dollars d'actifs chez Canter Wealth, travaillera depuis le bureau de Linsco à San Diego. Avec plus de 20 ans d'expérience, il se spécialise dans la création de flux de revenus fiscalement efficaces pour les retraités et les futurs retraités. Le passage à la plateforme Linsco de LPL offre à Bernier plus d'autonomie tout en maintenant l'accès à des services complets, une plateforme intégrée de gestion de patrimoine et une équipe de soutien dédiée.
LPL Financial (Nasdaq: LPLA) gab bekannt, dass der Finanzberater Michael Bernier ihrem Mitarbeiterberater-Kanal, Linsco by LPL Financial, beigetreten ist, um GWC Financial Advisors zu gründen. Bernier, der zuvor etwa $165 Millionen in Vermögenswerten bei Canter Wealth verwaltete, wird vom Linsco-Büro in San Diego aus arbeiten. Mit über 20 Jahren Erfahrung ist er auf die Schaffung von steuereffizienten Einkommensströmen für Rentner und angehende Rentner spezialisiert. Der Wechsel zur Linsco-Plattform von LPL bietet Bernier mehr Autonomie, während er weiterhin Zugang zu umfassenden Dienstleistungen, einer integrierten Vermögensverwaltungsplattform und einem engagierten Support-Team hat.
- Addition of advisor managing $165 million in assets strengthens LPL's market presence
- Expansion of Linsco channel with new office in San Diego market
- None.
Insights
The addition of Michael Bernier to LPL Financial's Linsco channel represents a modest but strategic acquisition, bringing
The transition aligns with LPL's broader business strategy of expanding their advisor base through multiple channels. Their Linsco model particularly targets advisors seeking operational independence while maintaining institutional support - a sweet spot in the wealth management industry that's showing increasing demand.
For investors, this represents continued execution of LPL's growth strategy, though the immediate financial impact is minimal relative to LPL's total asset base and market cap.
SAN DIEGO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA), announced today that financial advisor Michael Bernier, CFP®, AIF®, has joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch GWC Financial Advisors. He reported serving approximately
With more than 20 years of experience in wealth management, Bernier helps clients work toward their goals using meticulous financial planning. His deep understanding of personal finance enables him to develop strategic approaches in the areas of tax strategy, investment management and retirement and estate planning.
“There are many things to worry about in life, but I get joy in taking at least one thing off my clients’ plates,” said Bernier, who specializes in creating tax-efficient income streams for retirees and pre-retirees. “I build long-lasting, meaningful relationships with my clients and their families, focusing on planning first to determine their goals and aspirations. It’s my job to help make sure they are on track financially so they can invest accordingly.”
Looking for more freedom and greater autonomy, Bernier turned to Linsco by LPL to launch GWC Financial Advisors. (GWC are his children’s initials.) He said the new practice embodies a spirit of careful decision-making, expertise and personalized service.
“My clients’ financial well-being is always at the forefront of my mind. As an advisor with a fiduciary focus, my job is to continuously look for ways to act in their best interest and improve their overall experience,” Bernier said. “The decision to move to LPL came after a great deal of due diligence. I believe LPL’s comprehensive services and tools, along with its model of transparency and dedication to independence, allow me to give my clients guidance on what is most appropriate for them.”
The Linsco employee advisor model serves financial advisors seeking the core tenets of independence, including managing their client relationships and having the flexibility to run their practice on their own terms. 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.
“I’m thrilled to join Linsco and have the opportunity to work with such a supportive and collaborative team,” said Bernier. “LPL’s commitment to providing advisors with the resources and technology they need to succeed is impressive, and I’m excited to leverage these resources to better serve my clients. I look forward to running my own practice while being fully supported by a firm that matches my high standards.”
Outside of work, Bernier is active in his community. He teaches retirement adult education courses at colleges across San Diego. He serves as a board member of Poway American Little League and is an active member in the Aztec Club supporting San Diego State Athletics. He was previously a den leader and now serves as Committee Chair for Cub Scout Pack 109.
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Mike to the Linsco community. At LPL, we fundamentally believe that advisors should serve their clients the way they think is best, with choice, flexibility and control in how they build their business. We support their vision by providing innovative capabilities and business solutions designed to help advisors thrive. We look forward to supporting the growth and evolution of GWC Financial Advisors for years to come.”
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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.
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FAQ
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