{"id":379788,"date":"2020-11-12T09:03:30","date_gmt":"2020-11-12T14:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379788"},"modified":"2020-11-12T09:03:30","modified_gmt":"2020-11-12T14:03:30","slug":"lpl-financial-and-km-capital-group-welcome-financial-advisors-jerry-giordano-joseph-praino","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-and-km-capital-group-welcome-financial-advisors-jerry-giordano-joseph-praino\/","title":{"rendered":"LPL Financial and KM Capital Group Welcome Financial Advisors Jerry Giordano, Joseph Praino"},"content":{"rendered":"
\n

CHARLOTTE, N.C., Nov. 12, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC<\/a>\u00a0(Nasdaq:LPLA), a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that financial advisors Jerry Giordano and Joseph Praino have joined LPL Financial\u2019s broker-dealer and corporate RIA platforms, leveraging LPL as custodian. Giordano and Praino reported having served approximately $350 million in advisory and brokerage assets*. They join LPL from HSBC Securities.<\/p>\n

The advisors have teamed up with KM Capital Group, an existing LPL firm in Purchase, N.Y., that is dedicated to providing clients with personalized care, comprehensive wealth management and financial planning. \u201cWe are independent advisors sharing office space and ideas. Instead of operating in silos, we\u2019re able to collaborate with other tenured advisors with valuable experience,\u201d Giordano said, noting that Praino has been his mentor for more than 10 years.<\/p>\n

After 26 years working in banks, Praino believes the move to independence provides him with the freedom and flexibility to serve his clients\u2019 best interest. \u201cNo one is making decisions for me or telling me what products I should or shouldn\u2019t offer to clients,\u201d Praino said.<\/p>\n

Giordano added, \u201cLPL lets me operate my practice as I see fit, which opens the door for me to better serve my clients. I have the autonomy to access products and information that were not previously available. With more options, I feel I can now select a product mix based on what\u2019s best for my clients instead of offering a cookie cutter strategy. This, coupled with LPL\u2019s innovative capabilities, will help me take my business to the next level.\u201d<\/p>\n

Marc Stein, managing director and owner of KM Capital, stated, \u201cThis is an exciting time for everyone at our firm. The addition of Joe and Jerry to our team is a special accomplishment that really cements the foundation of our organization. They share our client-centric values and both bring a significant amount of expertise and banking experience, which helps round out the team.\u201d<\/p>\n

Stein founded KM Capital last year when he joined LPL from Cetera with a plan to scale the company from an individual practice into a firm. \u201cI laid out a vision, and LPL has given us the tools to execute on it,\u201d Stein said, referring specifically to the support from LPL\u2019s recruiting team, business consultants and Marketing Solutions. Advisor Robert Blair joined the firm earlier this year as managing partner, and they are supported by a three-member office staff.<\/p>\n

Rich Steinmeier, LPL Financial managing director and divisional president, Business Development, said, \u201cWe welcome Joe and Jerry to LPL and are proud to support their new independent practices. We also congratulate KM Capital on its continued growth. Our goal is to be a strategic partner to our advisors by understanding their businesses and delivering the relevant capabilities, technology and support that enables them to be successful in meeting the needs of their clients and managing their business. We look forward to a long partnership with the entire team at KM Capital.\u201d<\/p>\n

Learn more about KM Capital Group<\/a>. Read about other firms that recently joined LPL in the LPL Financial News and Media section<\/a> of LPL.com.<\/p>\n

Advisors, find an\u00a0LPL business development representative<\/a>\u00a0near you.<\/p>\n

\n
\n About LPL Financial<\/u>
\n <\/strong>
\n
LPL Financial (https:\/\/www.lpl.com<\/a>) is a leader in the retail financial advice market and the nation\u2019s largest independent broker-dealer**. We serve independent financial advisors, professionals, and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.<\/p>\n

Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA \/ SIPC.<\/p>\n

KM Capital Group and LPL Financial are separate entities.<\/p>\n

*Based on prior business and represents assets that would have been custodied at LPL Financial, rather than third-party custodians. Reported assets and client numbers have not been independently and fully verified by LPL Financial.<\/p>\n

**Based on total revenues, Financial Planning<\/em> magazine June 1996-2020<\/p>\n

Throughout this communication, the terms \u201cfinancial advisors\u201d and \u201cadvisors\u201d include registered representatives and\/or investment adviser representatives affiliated with LPL Financial LLC, an SEC registered broker-dealer and investment advisor.<\/p>\n

Connect with Us!<\/p>\n

\n https:\/\/twitter.com\/lpl<\/a>\n <\/p>\n

\n https:\/\/www.linkedin.com\/company\/lpl-financial<\/a>\n <\/p>\n

\n https:\/\/www.facebook.com\/LPLFinancialLLC<\/a>\n <\/p>\n

\n https:\/\/www.youtube.com\/user\/lplfinancialllc<\/a>\n <\/p>\n

\n
\n Media Contact:<\/u>
\n <\/strong>
\n
Lauren Hoyt-Williams
(980) 321-1232
Lauren.Hoyt-Williams@lpl.com<\/a><\/p>\n

\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

CHARLOTTE, N.C., Nov. 12, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC\u00a0(Nasdaq:LPLA), a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that financial advisors Jerry Giordano and Joseph Praino have joined LPL Financial\u2019s broker-dealer and corporate RIA platforms, leveraging LPL as custodian. Giordano and Praino reported having served approximately $350 million in advisory and brokerage assets*. They join LPL from HSBC Securities. The advisors have teamed up with KM Capital Group, an existing LPL firm in Purchase, N.Y., that is dedicated to providing clients with personalized care, comprehensive wealth management and financial planning. \u201cWe are independent advisors sharing office space and ideas. Instead of operating in silos, we\u2019re able to collaborate with other tenured … <\/p>\n

Continue reading “LPL Financial and KM Capital Group Welcome Financial Advisors Jerry Giordano, Joseph Praino”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379788","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLPL Financial and KM Capital Group Welcome Financial Advisors Jerry Giordano, Joseph Praino - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-and-km-capital-group-welcome-financial-advisors-jerry-giordano-joseph-praino\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPL Financial and KM Capital Group Welcome Financial Advisors Jerry Giordano, Joseph Praino - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHARLOTTE, N.C., Nov. 12, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC\u00a0(Nasdaq:LPLA), a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that financial advisors Jerry Giordano and Joseph Praino have joined LPL Financial\u2019s broker-dealer and corporate RIA platforms, leveraging LPL as custodian. Giordano and Praino reported having served approximately $350 million in advisory and brokerage assets*. They join LPL from HSBC Securities. The advisors have teamed up with KM Capital Group, an existing LPL firm in Purchase, N.Y., that is dedicated to providing clients with personalized care, comprehensive wealth management and financial planning. \u201cWe are independent advisors sharing office space and ideas. 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