{"id":478094,"date":"2021-04-19T09:03:47","date_gmt":"2021-04-19T13:03:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-walnut-beech-advisors\/"},"modified":"2021-04-19T09:03:47","modified_gmt":"2021-04-19T13:03:47","slug":"lpl-financial-welcomes-walnut-beech-advisors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-walnut-beech-advisors\/","title":{"rendered":"LPL Financial Welcomes Walnut Beech Advisors"},"content":{"rendered":"
\n

CHARLOTTE, N.C., April 19, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC<\/a> (Nasdaq:LPLA)\u00a0today announced that Walnut Beech Advisors has joined LPL Financial\u2019s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The team reported having served approximately $550 million in advisory, brokerage and retirement plan assets*. They join from Royal Alliance, part of the Advisor Group network of broker-dealers.<\/p>\n

Led by OSJ manager Tim Maurer and Managing Partner Rick Betancourt, the newly-formed enterprise comprises of 20 like-minded financial professionals committed to putting their clients first. The team was associated at their previous firm and recognized the value of teaming up in an effort to provide more comprehensive wealth management and financial services for their clients. The new firm name, Walnut Beech Advisors, represents the streets where their offices are located in Rochester, Mich., and Long Beach, N.Y.<\/p>\n

\n All in at LPL Financial<\/strong>
\n
The team has been moving to LPL in waves since last fall, with its final advisor joining this month. They said the new partnership with LPL offers more freedom and independence to share ideas and work together on client cases. It also opens up the ability to co-brand as a tax-focused OSJ group, where they can work closely with CPAs and enrolled agents who complement their investment strategies and financial plans.<\/p>\n

\u201cAs a millennial advisor, I\u2019m really excited about how much LPL invests in innovative technology. My clients are requiring more and more sophisticated digital capabilities<\/a>, and the ability to easily access their accounts and information from any device. We are confident LPL will be able to keep up with the latest tools and resources available,\u201d Betancourt said. \u201cWe\u2019ve already been able to incorporate some of the newer technologies to help streamline our business.\u201d<\/p>\n

Now that the team is fully onboard, its leaders are planning for future growth and expansion. \u201cThis new partnership with LPL allows us to deepen our business continuity and succession planning,\u201d Maurer said. \u201cI am fortunate to work with many of my mentors. I want them to feel secure that their clients are in good hands so that they can enjoy the later stages of their distinguished careers.\u201d<\/p>\n

Ken Hullings, LPL Financial senior vice president and head of enterprise recruiting, said, \u201cWe extend a warm welcome to Tim, Rick and the entire Walnut Beech team, and we congratulate them on the launch of their new OSJ group. They were looking for a partner with stability that is highly committed to supporting their success and future growth. By making ongoing investments in technology, service, wealth management resources and business solutions, LPL can help our advisors maximize the value of their practice and address the evolving needs of their clients. We look forward to a long-lasting and productive partnership with the financial professionals at Walnut Beech Advisors.\u201d<\/p>\n

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, the nation\u2019s largest independent broker-dealer** and a leading custodian (or provider of custodial services) to RIAs. 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

*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

Securities and advisory services offered through LPL Financial LLC, an SEC- registered broker-dealer and investment advisor.\u00a0Member FINRA\/SIPC.\u00a0<\/p>\n

Throughout this communication, the terms \u201cfinancial advisors\u201d and \u201cadvisors\u201d are used to refer to registered representatives and\/or investment advisor representatives affiliated with LPL Financial LLC.\u00a0We routinely disclose information that may be important to shareholders in the \u201cInvestor Relations\u201d or \u201cPress Releases\u201d section of our website.<\/p>\n

Walnut Beech Advisors and LPL Financial are separate entities. LPL Financial does not offer tax advice or tax related services.<\/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><\/u><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

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

CHARLOTTE, N.C., April 19, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA)\u00a0today announced that Walnut Beech Advisors has joined LPL Financial\u2019s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The team reported having served approximately $550 million in advisory, brokerage and retirement plan assets*. They join from Royal Alliance, part of the Advisor Group network of broker-dealers. Led by OSJ manager Tim Maurer and Managing Partner Rick Betancourt, the newly-formed enterprise comprises of 20 like-minded financial professionals committed to putting their clients first. The team was associated at their previous firm and recognized the value of teaming up in an effort to provide more comprehensive wealth management and financial services for their clients. The new firm name, Walnut Beech … <\/p>\n

Continue reading “LPL Financial Welcomes Walnut Beech Advisors”<\/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-478094","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLPL Financial Welcomes Walnut Beech Advisors - 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-welcomes-walnut-beech-advisors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPL Financial Welcomes Walnut Beech Advisors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHARLOTTE, N.C., April 19, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA)\u00a0today announced that Walnut Beech Advisors has joined LPL Financial\u2019s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The team reported having served approximately $550 million in advisory, brokerage and retirement plan assets*. They join from Royal Alliance, part of the Advisor Group network of broker-dealers. Led by OSJ manager Tim Maurer and Managing Partner Rick Betancourt, the newly-formed enterprise comprises of 20 like-minded financial professionals committed to putting their clients first. The team was associated at their previous firm and recognized the value of teaming up in an effort to provide more comprehensive wealth management and financial services for their clients. 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