LPL Financial welcomes Morristown Wealth Management
LPL Financial (Nasdaq:LPLA) announced that Morristown Wealth Management, led by financial advisors Don Giovanello, Jr., and Gian Paolella, CFP®, has joined LPL's broker-dealer, RIA, and custodial platforms. The team, which reported approximately $340 million in advisory and retirement plan assets, transitioned from Raymond James Financial Services.
Established in 2009, Morristown Wealth Management offers personalized financial planning, asset management, and portfolio construction services. The team chose to return to LPL, citing the platform's support for future growth, open architecture, robust technology, and strategic business resources. LPL's commitment to advisor independence and flexibility aligns with Morristown Wealth Management's goal of delivering comprehensive, client-focused advice.
LPL Financial (Nasdaq:LPLA) ha annunciato che Morristown Wealth Management, guidato dagli consulenti finanziari Don Giovanello, Jr. e Gian Paolella, CFP®, è entrato a far parte delle piattaforme di broker-dealer, RIA e custodia di LPL. Il team, che ha riportato circa $340 milioni in attivi per consulenze e piani pensionistici, è passato da Raymond James Financial Services.
Fondata nel 2009, Morristown Wealth Management offre servizi di pianificazione finanziaria personalizzata, gestione patrimoniale e costruzione di portafogli. Il team ha scelto di tornare a LPL, citando il supporto della piattaforma per la crescita futura, l'architettura aperta, la tecnologia robusta e le risorse strategiche per gli affari. L'impegno di LPL per l'indipendenza e la flessibilità degli advisor si allinea con l'obiettivo di Morristown Wealth Management di fornire consulenze complete e focalizzate sul cliente.
LPL Financial (Nasdaq:LPLA) anunció que Morristown Wealth Management, dirigido por los asesores financieros Don Giovanello, Jr. y Gian Paolella, CFP®, se ha unido a las plataformas de broker-dealer, RIA y custodia de LPL. El equipo, que informó aproximadamente sobre $340 millones en activos de asesoramiento y planes de jubilación, transicionó desde Raymond James Financial Services.
Establecido en 2009, Morristown Wealth Management ofrece planificación financiera personalizada, gestión de activos y servicios de construcción de carteras. El equipo eligió regresar a LPL, citando el apoyo de la plataforma para el crecimiento futuro, la arquitectura abierta, la tecnología robusta y los recursos estratégicos para negocios. El compromiso de LPL con la independencia y flexibilidad de los asesores se alinea con el objetivo de Morristown Wealth Management de brindar asesoramiento integral y enfocado en el cliente.
LPL 금융(Nasdaq:LPLA)은 모리스타운 재무 관리팀이 금융 자문가 Don Giovanello, Jr.와 Gian Paolella, CFP®가 이끌며, LPL의 브로커-딜러, RIA 및 수탁 플랫폼에 합류했다고 발표했습니다. 이 팀은 약 $340 백만의 자문 및 은퇴 계획 자산을 보유하고 있으며, 레이몬드 제임스 금융 서비스에서 전환하였습니다.
2009년에 설립된 모리스타운 재무 관리는 개인 맞춤형 재무 계획, 자산 관리 및 포트폴리오 구축 서비스를 제공합니다. 이 팀은 LPL의 앞으로의 성장 지원, 열린 구조, 강력한 기술 및 전략적 비즈니스 자원 덕분에 LPL로 돌아오기로 결정했습니다. LPL이 자문가의 독립성과 유연성에 전념하는 것은 모리스타운 재무 관리의 포괄적이고 고객 중심의 조언 제공 목표와 일치합니다.
LPL Financial (Nasdaq:LPLA) a annoncé que Morristown Wealth Management, dirigé par les conseillers financiers Don Giovanello, Jr. et Gian Paolella, CFP®, a rejoint les plateformes de courtage, RIA et de garde de LPL. L'équipe, qui a déclaré environ $340 millions d'actifs en conseil et en régimes de retraite, a effectué une transition depuis Raymond James Financial Services.
Établie en 2009, Morristown Wealth Management propose des services de planification financière personnalisée, de gestion d'actifs et de construction de portefeuille. L'équipe a choisi de revenir à LPL en citant le soutien de la plateforme pour la croissance future, une architecture ouverte, une technologie robuste et des ressources commerciales stratégiques. L'engagement de LPL envers l'indépendance et la flexibilité des conseillers est en adéquation avec l'objectif de Morristown Wealth Management d'offrir des conseils complets et centrés sur le client.
LPL Financial (Nasdaq:LPLA) gab bekannt, dass Morristown Wealth Management, geleitet von den Finanzberatern Don Giovanello, Jr. und Gian Paolella, CFP®, den Broker-Dealer-, RIA- und Depot-Plattformen von LPL beigetreten ist. Das Team, das etwa $340 Millionen an Beratungs- und Altersvorsorgevermögen gemeldet hat, wechselte von Raymond James Financial Services.
Morristown Wealth Management, gegründet im Jahr 2009, bietet individuelle Finanzplanung, Vermögensverwaltung und Portfoliokonstruktion an. Das Team entschied sich, zu LPL zurückzukehren, und nannte die Unterstützung der Plattform für zukünftiges Wachstum, die offene Architektur, die robuste Technologie und die strategischen Geschäftsrressourcen. LPLs Engagement für die Unabhängigkeit und Flexibilität der Berater passt zu den Zielen von Morristown Wealth Management, umfassende, kundenorientierte Beratung anzubieten.
- Morristown Wealth Management, with $340 million in assets, joined LPL Financial's platforms
- The team's move to LPL is expected to support future growth and enhance client services
- LPL's open architecture platform allows advisors to choose appropriate products for clients without proprietary constraints
- None.
SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisors Don Giovanello, Jr., and Gian Paolella, CFP®, with Morristown Wealth Management have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported having served approximately
The Morristown, N.J., -based family practice was established in 2009 by Don Giovanello, Sr., a beloved advisor who sadly lost his battle to cancer in 2018. His son, Don Jr., grew up immersed in the business and joined the practice in 2010 right out of college. He credits his father as a mentor and the driving inspiration for his career path and unwavering work ethic. Gian, who is Don, Jr.’s brother-in-law, is partner in the firm, joining in 2018 following an initial career in investment product sales. Rounding out the group is longtime practice manager Ellen Luithle, who started her career 25 years ago working alongside Don Sr. and continues to be an integral part of the team.
With a meticulous approach to financial planning, asset management and portfolio construction, the team offers a wide range of personalized services to address the diverse financial needs of individuals, families and business owners nationwide.
“Our clients are our top priority, and we strive to understand their unique circumstances so we can create distinctive plans that provide a roadmap for their financial journey,” said Giovanello, who built much of his business by prospecting Penn State alumni. “Guided by dedication and integrity, we focus on creating lasting relationships with clients, not just trading stocks, bonds and mutual funds.”
Looking to elevate their business and set the tone for the next chapter of their journey, the Morristown team decided to return to LPL.
“Our industry is experiencing an aging advisor population, with the average age becoming a topic of increasing concern,” said Giovanello, who spent the first seven years of his career with LPL. “As younger advisors, we saw this as an opportunity for Morristown Wealth Management to bridge that age gap and bring a fresh perspective to our clients. LPL is a great platform to support our future growth and help us take my dad’s legacy to the next level.”
Paolella added, “We look forward to leveraging LPL’s open architecture platform, robust technology and strategic business resources that will enable us to continue growing our business and deliver the best possible services to our clients. We appreciate that LPL doesn’t offer proprietary investment products, meaning as independent advisors, we can choose appropriate products and strategies for our clients. Our holistic approach to financial planning, combined with LPL’s resources, will allow us to continue to deliver personalized, comprehensive advice that meets our clients’ needs.”
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Don and Gian to the LPL community and look forward to helping them honor Don Sr.’s legacy as they build their ideal practice for the future. At LPL, we are deeply committed to giving advisors ultimate choice and flexibility in how they operate, along with differentiated tools and resources to help them deliver great advice and run thriving businesses.”
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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. Morristown Wealth Management and LPL Financial are separate entities.
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*Value approximated based on asset and holding details provided to LPL from end of year, 2023.
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