LPL Financial Welcomes Northern Plains Financial
LPL Financial has announced that Northern Plains Financial has joined its broker-dealer, RIA, and custodial platforms. The firm, based in Grand Forks, N.D., reported serving approximately $225 million in advisory, brokerage, and retirement plan assets. Founded in 2014 by Michael Elsberry, CFP®, CRPC®, the team includes Eric Carlson and support staff. They offer financial planning and investment management services, with a niche in serving farmers, ranchers, and outdoor enthusiasts.
Northern Plains Financial chose LPL for its extensive resources, custom solutions, and differentiated service experiences. They anticipate benefits from LPL's self-clearing platform, consolidated client statements, and user-friendly online tools. The move is expected to enhance their ability to provide high-level service and manage investments efficiently.
LPL Financial ha annunciato che Northern Plains Financial si è unita alle sue piattaforme di broker-dealer, RIA e custodia. L'azienda, con sede a Grand Forks, N.D., ha riportato di gestire circa 225 milioni di dollari in asset di consulenza, intermediazione e piani pensionistici. Fondata nel 2014 da Michael Elsberry, CFP®, CRPC®, il team include Eric Carlson e il personale di supporto. Offrono servizi di pianificazione finanziaria e gestione degli investimenti, con una specializzazione nel servire agricoltori, allevatori e appassionati di attività all'aperto.
Northern Plains Financial ha scelto LPL per le sue risorse estensive, soluzioni personalizzate e esperienze di servizio differenziate. Si aspettano dei vantaggi dalla piattaforma di autoclearance di LPL, dai rendiconti consolidati per i clienti e dagli strumenti online facili da usare. Questa mossa dovrebbe migliorare la loro capacità di fornire un servizio di alto livello e gestire gli investimenti in modo efficiente.
LPL Financial ha anunciado que Northern Plains Financial se ha unido a sus plataformas de corretaje, RIA y custodia. La firma, con sede en Grand Forks, N.D., informó que gestiona aproximadamente $225 millones en activos de asesoría, corretaje y planes de jubilación. Fundado en 2014 por Michael Elsberry, CFP®, CRPC®, el equipo incluye a Eric Carlson y personal de apoyo. Ofrecen servicios de planificación financiera y gestión de inversiones, con un enfoque en servir a agricultores, ganaderos y entusiastas del aire libre.
Northern Plains Financial eligió LPL por sus extensas recursos, soluciones personalizadas y experiencias de servicio diferenciadas. Esperan beneficios de la plataforma de autoliquidación de LPL, los estados de cuenta consolidados de clientes y herramientas en línea fáciles de usar. Se espera que este movimiento mejore su capacidad para proporcionar un servicio de alto nivel y gestionar las inversiones de manera eficiente.
LPL 금융은 노던 플레인스 금융이 자사의 브로커-딜러, RIA 및 수탁 플랫폼에 합류했다고 발표했습니다. 노던 플레인스 금융은 노스다코타주 그랜드포크스에 본사를 두고 있으며, 약 2억 2천5백만 달러의 자문, 브로커리지 및 퇴직 계획 자산을 관리하고 있다고 보고했습니다. 2014년 Michael Elsberry, CFP®, CRPC®에 의해 설립된 이 팀은 Eric Carlson과 지원 직원으로 구성되어 있습니다. 그들은 재정 계획 및 투자 관리 서비스를 제공하며, 농부, 목장주 및 야외 활동 애호가를 위해 전문화되어 있습니다.
노던 플레인스 금융은 광범위한 자원, 맞춤형 솔루션 및 차별화된 서비스 경험을 위해 LPL을 선택했습니다. 그들은 LPL의 자가 청산 플랫폼, 통합 고객 명세서 및 사용하기 쉬운 온라인 도구에서 혜택을 기대하고 있습니다. 이 변화는 높은 수준의 서비스 제공 및 투자의 효율적 관리를 향상시킬 것으로 예상됩니다.
LPL Financial a annoncé que Northern Plains Financial a rejoint ses plateformes de courtage, RIA et de conservation. La société, basée à Grand Forks, N.D., a déclaré gérer environ 225 millions de dollars d'actifs en conseil, courtage et plans de retraite. Fondé en 2014 par Michael Elsberry, CFP®, CRPC®, l'équipe comprend Eric Carlson et le personnel de soutien. Ils offrent des services de planification financière et de gestion d'investissement, en se spécialisant dans le service des agriculteurs, des éleveurs et des amateurs de plein air.
Northern Plains Financial a choisi LPL pour ses ressources étendues, solutions personnalisées et expériences de service différenciées. Ils s'attendent à bénéficier de la plateforme d'autoclearance de LPL, de relevés de clients consolidés et d'outils en ligne conviviaux. Ce changement devrait améliorer leur capacité à fournir un service de haut niveau et à gérer les investissements de manière efficace.
LPL Financial hat angekündigt, dass Northern Plains Financial seinen Broker-Dealer-, RIA- und Verwahrungsplattformen beigetreten ist. Das Unternehmen mit Sitz in Grand Forks, N.D., berichtete, dass es etwa 225 Millionen Dollar an Vermögenswerten in Beratung, Brokerage und Altersvorsorge verwaltet. Gegründet im Jahr 2014 von Michael Elsberry, CFP®, CRPC®, umfasst das Team Eric Carlson und weiteres Unterstützungspersonal. Sie bieten finanzielle Planungs- und Vermögensverwaltungsdienste an, mit einer Nische, die Landwirte, Viehzüchter und Freiluftbegeisterte bedient.
Northern Plains Financial hat sich für LPL aufgrund seiner umfangreichen Ressourcen, maßgeschneiderten Lösungen und differenzierten Serviceerfahrungen entschieden. Sie erwarten Vorteile aus LPLs Selbstabwicklungsplattform, konsolidierten Kundenabrechnungen und benutzerfreundlichen Online-Tools. Es wird erwartet, dass dieser Schritt ihre Fähigkeit zur Bereitstellung eines hochwertigen Services und zur effizienten Verwaltung von Investitionen verbessert.
- Northern Plains Financial brings $225 million in assets to LPL Financial
- LPL's platform expected to improve efficiency in account openings and discretionary trading
- Addition of Northern Plains Financial strengthens LPL's presence in the farming and ranching community
- None.
SAN DIEGO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that financial advisors with Northern Plains Financial have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately
Based in Grand Forks, N.D., the firm was founded in 2014 and is led by Michael Elsberry, CFP®, CRPC®, who has nearly 20 years of experience in financial services. In 2021, he was joined by his lifelong friend and fellow advisor Eric Carlson, who worked in commercial banking for 13 years before transitioning to financial advising. Together, they offer a full spectrum of financial planning and investment management services, with a niche serving those in the farming and ranching community, as well as business owners who love to hunt and fish.
“I enjoy working with folks who share my passion for the outdoors,” said Elsberry, an avid hunter who also raises mule deer for breeding stock. “It’s been rewarding to cultivate meaningful relationships with clients over the years as they pursue their version of financial freedom. We’ve found that our holistic approach to financial planning empowers clients to realize their unique financial goals through the implementation of tailored strategies.”
The Northern Plains Financial team, which also includes Branch Operations Manager Jerrilyn D. Walstad and support staff members Amy Nygaard and Jamie Blodgett, turned to LPL for more extensive resources, custom solutions and differentiated service experiences.
“In our quest for a partner that mirrors our commitment to providing exceptional experiences and putting clients’ best interests first, LPL emerged as the clear choice,” Elsberry said. “We are thrilled to be part of the LPL family and to offer our clients the extensive resources and support that come with it. We believe that LPL’s self-clearing platform, consolidated client statements and user-friendly online tools will greatly benefit our clients.”
Elsberry added speed and efficiency were key considerations when searching for a new partner, which they found in the LPL platform.
“We look forward to quicker return times for tasks like account openings,” he added. “And since we manage our own investments—including designing, monitoring and rebalancing client portfolios—having one platform to allow us to do discretionary trading will be very helpful. Ultimately, this move will allow us to provide our clients with the highest level of service.”
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Michael, Eric and the rest of the Northern Plains Financial team to the LPL community and look forward to supporting their continued growth and success. As a partner with scale, LPL invests in innovative capabilities and strategic resources designed to help advisors differentiate their business and add value for their clients.”
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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. Northern Plains 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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*Value approximated based on asset and holding details provided to LPL from end of year, 2023.
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FAQ
How much in assets did Northern Plains Financial bring to LPL Financial (LPLA)?
What specific services does Northern Plains Financial offer after joining LPL Financial (LPLA)?
Why did Northern Plains Financial choose to join LPL Financial (LPLA) in September 2024?
