{"id":784528,"date":"2023-09-18T09:26:13","date_gmt":"2023-09-18T13:26:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-francis-group-at-lpl-launches-in-california-by-joining-lpl-strategic-wealth-services\/"},"modified":"2023-09-18T09:26:13","modified_gmt":"2023-09-18T13:26:13","slug":"the-francis-group-at-lpl-launches-in-california-by-joining-lpl-strategic-wealth-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-francis-group-at-lpl-launches-in-california-by-joining-lpl-strategic-wealth-services\/","title":{"rendered":"The Francis Group at LPL Launches in California by Joining LPL Strategic Wealth Services"},"content":{"rendered":"
\n

CHARLOTTE, N.C., Sept. 18, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC<\/u><\/a> announced today that Burke Francis and Christopher Francis, who have more than 80 years of combined experience, have joined LPL Financial to launch an exclusive family-focused office and independent practice, The Francis Group at LPL<\/a>. They chose to affiliate with LPL\u2019s supported independence model,\u00a0LPL Strategic Wealth Services<\/a>. The Francis Group reported having served approximately $1.2 billion in advisory, brokerage and retirement plan assets*. They join from Morgan Stanley.<\/p>\n

Since 1966, Burke Francis steadily built the Los Angeles area practice from the ground up by specializing in asset management for high-net-worth individuals. His son, Chris, joined the business in 1998, after working in real estate development and numerous venture backed companies.<\/p>\n

Burke and Chris are now both Managing Partners of The Francis Group, where they work on behalf of affluent families, corporate executives, businesses and private investors throughout the U.S. who require comprehensive and sophisticated investment advice. Their passion and desire is to provide a personal service to clients, investing in long-term relationships, streamlining a lean production, removing friction and optimizing everyone\u2019s time.<\/p>\n

After years building their careers and business within the community, feedback from clients inspired them to make a change to offer more white-glove, family-focused office service experiences. Their due diligence led them to LPL Strategic Wealth Services.<\/p>\n

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

The team appreciates LPL\u2019s exclusive resources in the high-net-worth space, including the HNW Services team, The Private Trust Company, specialized product capabilities and more. They also sought more freedom to build a culture that aligned with their values and mission, free from sales goals and corporate agendas.<\/p>\n

\u201cNow we can grow and build the firm as we\u2019d like, with the expanded resources and experience from the LPL Strategic Wealth Services team,\u201d Chris Francis said. \u201cWith this dedicated support, along with LPL\u2019s innovative digital capabilities and robust business solutions, we\u2019ll have the tools and resources at our disposal to deliver enhanced services and experiences for each client.\u201d<\/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 used to tell our clients \u2018bigger is better,\u2019 but we realize that is not the case anymore, and with searing vision comes beneficial results,\u201d Burke Francis said. \u201cWe are built to be free and in our case, free to build a business on our own terms within a culture that aligns with our value, free from the burden of corporate influence. We strive for transparency, and our independence sets us apart allowing us to adhere to the highest ethical standards without conflict. That is who we are.\u201d<\/p>\n

Scott Posner, LPL Executive Vice President, Business Development, stated, \u201cWe welcome Burke and Chris to the LPL community and congratulate both of them for taking this next step in their careers. As a strategic partner, we are dedicated to supporting their journey today as they lead their clients to a brighter financial future. LPL offers a wealth of services geared to high-net-worth businesses such as theirs, and we will continue to invest in innovative technology and sophisticated capabilities designed to help them thrive. We look forward to a long-lasting relationship with The Francis Group.\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 \n <\/p>\n

LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and enterprises, 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 professional. At LPL, independence means that advisors and enterprise 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 <\/em>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 enterprises, 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. Francis Group at LPL 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 “Investor Relations<\/a>” or “Press Releases<\/a>” 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 Media.relations@LPLFinancial.com<\/a>
\n
(704) 996-1840<\/p>\n

Tracking #478973<\/p>\n<\/p>\n


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

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

CHARLOTTE, N.C., Sept. 18, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that Burke Francis and Christopher Francis, who have more than 80 years of combined experience, have joined LPL Financial to launch an exclusive family-focused office and independent practice, The Francis Group at LPL. They chose to affiliate with LPL\u2019s supported independence model,\u00a0LPL Strategic Wealth Services. The Francis Group reported having served approximately $1.2 billion in advisory, brokerage and retirement plan assets*. They join from Morgan Stanley. Since 1966, Burke Francis steadily built the Los Angeles area practice from the ground up by specializing in asset management for high-net-worth individuals. His son, Chris, joined the business in 1998, after working in real estate development and numerous venture backed … <\/p>\n

Continue reading “The Francis Group at LPL Launches in California by Joining LPL Strategic Wealth Services”<\/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-784528","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Francis Group at LPL Launches in California by Joining LPL Strategic Wealth Services - 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\/the-francis-group-at-lpl-launches-in-california-by-joining-lpl-strategic-wealth-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Francis Group at LPL Launches in California by Joining LPL Strategic Wealth Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHARLOTTE, N.C., Sept. 18, 2023 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that Burke Francis and Christopher Francis, who have more than 80 years of combined experience, have joined LPL Financial to launch an exclusive family-focused office and independent practice, The Francis Group at LPL. They chose to affiliate with LPL\u2019s supported independence model,\u00a0LPL Strategic Wealth Services. The Francis Group reported having served approximately $1.2 billion in advisory, brokerage and retirement plan assets*. They join from Morgan Stanley. Since 1966, Burke Francis steadily built the Los Angeles area practice from the ground up by specializing in asset management for high-net-worth individuals. 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