{"id":776395,"date":"2023-08-08T15:10:39","date_gmt":"2023-08-08T19:10:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/veritas-legacy-wealth-launches-with-support-from-lpl-financial\/"},"modified":"2023-08-08T15:10:39","modified_gmt":"2023-08-08T19:10:39","slug":"veritas-legacy-wealth-launches-with-support-from-lpl-financial","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/veritas-legacy-wealth-launches-with-support-from-lpl-financial\/","title":{"rendered":"Veritas Legacy Wealth Launches With Support From LPL Financial"},"content":{"rendered":"
\n

CHARLOTTE, N.C., Aug. 08, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC<\/u><\/a>\u00a0announced today that financial advisor John Klein CFP\u00ae, ChFC\u00ae has joined LPL Financial to launch a new independent practice, Veritas Legacy Wealth<\/a>. He\u2019s accompanied by Blake Bailey, AAMS\u2122, Lavona Kuhn and Summer Rudder. They chose to affiliate with LPL\u2019s supported independence model,\u00a0LPL Strategic Wealth Services<\/a>, and reported having served approximately $320 million in advisory, brokerage and retirement plan assets*. They join LPL from Merrill Lynch.<\/p>\n

Based in Amarillo, Texas, the team\u2019s legacy began with Advisor Emeritus Lavona Kuhn who brings over 57 years of industry experience to Veritas. With her extensive background helping individuals with wealth management planning and portfolio management, she was instrumental in building the multigenerational practice. Kuhn partnered with Klein and Bailey in 2002, expanding their client base to include professionals from the oil and gas industry, farming and other hard-working individuals approaching retirement.<\/p>\n

\u201cThis group is our second family,\u201d said Klein, who was named a 2022 and 2023 Forbes Best-in-State Wealth Advisor. \u201cWe all share a unified vision of building a culture that puts clients at the center of every decision. We understand that true wealth is not just measured by monetary gains or by your financial portfolio. It\u2019s by the impact that it has on future generations. So we\u2019re really dedicated to helping our clients build a legacy that extends beyond their own lifetimes.\u201d<\/p>\n

As the financial services industry continues to evolve, the team recognized that the independent model would better suit the growing needs of their practice and clients. Veritas, which is Latin for \u201ctruth,\u201d is founded on the principal that clients\u2019 interests should always come first.<\/p>\n

\u201cIndependence is part of who we are as Americans,\u201d Klein said. \u201cWe all have this desire to be free. In our case, free to build a business on our own terms within a culture that aligns with our values; free from the burden of sales goals and corporate influence. We strive for transparency, and our independence sets us apart, allowing us to adhere to the highest ethical standards without conflict.\u201d<\/p>\n

\n Moving to LPL Strategic Wealth Services<\/strong>\n <\/p>\n

In looking for a new partner for their journey to independence, the team gravitated to LPL Strategic Wealth Services, which is designed for financial advisors who want to own their business without the burden of operational and business management responsibilities.<\/p>\n

Advisors who use Strategic Wealth have access to LPL\u2019s integrated wealth management platform, along with an added layer of ongoing strategic support for daily operations and long-term business management. They benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice at LPL. Then, after the transition is complete, Strategic Wealth teams receive ongoing operations support managed by a team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact and dedicated resources, ultimately allowing them to stay focused on the needs of their clients, culture and evolution of their practice.<\/p>\n

\u201cWe\u2019ve always considered ourselves entrepreneurs and really love the idea of having our own firm. As we went through the due diligence process, our No. 1 priority was to find a partner that allows us to put clients first,\u201d Klein said. \u201cThere are so many hats to wear as business owners, but with Strategic Wealth Services we don\u2019t need to worry about things like payroll, technology or marketing. Our entire focus is the client.\u201d<\/p>\n

Scott Posner, LPL Executive Vice President, Business Development, stated, \u201cWe welcome John, Blake and the entire Veritas Legacy Wealth team into the LPL community and are honored they turned to us in their journey to independence. We understand the decision to launch a new practice is not made lightly, and we are committed to supporting their choice as they build an ideal practice that suits their unique business needs. We will be here for them each step of the way\u2014from transition assistance to providing ongoing strategic business support\u2014to help the team build value and create differentiated experiences for their client. We share their client-first mentality and look forward to a helping this dynamic team continue Lavona\u2019s legacy.\u201d<\/p>\n

\n
\n Related<\/u>
\n <\/strong>\n <\/p>\n

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

\n
\n About LPL Financial<\/u>
\n <\/strong>
\n
LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve, serving nearly 22,000 financial advisors, including advisors at approximately 1,100 enterprises and at approximately 550 registered investment advisor (“RIA”) 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 advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.<\/p>\n

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. Veritas Legacy Wealth and LPL Financial are separate entities.<\/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.<\/p>\n

We routinely disclose information that may be important to shareholders in the \u201cInvestor Relations\u201d or \u201cPress Releases\u201d section of our website.<\/p>\n

\n *Value approximated based on asset and holding details provided to LPL from year-end 2022.<\/em>\n <\/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
\n
\n Media.relations@LPLFinancial.com<\/a>
\n <\/u>
\n
(704) 996-1840<\/p>\n

Tracking #1-05376628<\/p>\n


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

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

CHARLOTTE, N.C., Aug. 08, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC\u00a0announced today that financial advisor John Klein CFP\u00ae, ChFC\u00ae has joined LPL Financial to launch a new independent practice, Veritas Legacy Wealth. He\u2019s accompanied by Blake Bailey, AAMS\u2122, Lavona Kuhn and Summer Rudder. They chose to affiliate with LPL\u2019s supported independence model,\u00a0LPL Strategic Wealth Services, and reported having served approximately $320 million in advisory, brokerage and retirement plan assets*. They join LPL from Merrill Lynch. Based in Amarillo, Texas, the team\u2019s legacy began with Advisor Emeritus Lavona Kuhn who brings over 57 years of industry experience to Veritas. With her extensive background helping individuals with wealth management planning and portfolio management, she was instrumental in building the multigenerational practice. Kuhn … <\/p>\n

Continue reading “Veritas Legacy Wealth Launches With Support From LPL Financial”<\/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-776395","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVeritas Legacy Wealth Launches With Support From LPL Financial - 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\/veritas-legacy-wealth-launches-with-support-from-lpl-financial\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Veritas Legacy Wealth Launches With Support From LPL Financial - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHARLOTTE, N.C., Aug. 08, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC\u00a0announced today that financial advisor John Klein CFP\u00ae, ChFC\u00ae has joined LPL Financial to launch a new independent practice, Veritas Legacy Wealth. He\u2019s accompanied by Blake Bailey, AAMS\u2122, Lavona Kuhn and Summer Rudder. They chose to affiliate with LPL\u2019s supported independence model,\u00a0LPL Strategic Wealth Services, and reported having served approximately $320 million in advisory, brokerage and retirement plan assets*. They join LPL from Merrill Lynch. Based in Amarillo, Texas, the team\u2019s legacy began with Advisor Emeritus Lavona Kuhn who brings over 57 years of industry experience to Veritas. With her extensive background helping individuals with wealth management planning and portfolio management, she was instrumental in building the multigenerational practice. 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