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LPL Financial Advisors Represent Nearly a Quarter of Those Named Among The Top 100 Retirement Plan Advisors By Industry Publication

March 28, 2016

LPL Financial

Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that 23 LPL advisors and advisor teams were honored among the Top 100 Retirement Plan Advisor...

PLANADVISER Evaluated Number of Retirement Plans Under Advisement and the Value of Qualified Plan Assets To Create Its Annual List

CHARLOTTE, N.C. - March 28, 2016 - Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that 23 LPL advisors and advisor teams were honored among the Top 100 Retirement Plan Advisors by PLANADVISER, a leading industry publication.

To assemble its annual list, PLANADVISER's team reviewed quantitative data about individual retirement plan advisors, including the number of retirement plans they serve and the value of qualified plan assets, as provided to the PLANADVISER Retirement Plan Adviser Survey by advisors. The top 100 were split among four categories: individuals, small teams, large teams and mega teams. Team sizes were determined by number of advisors and number of total employees, including support staff.

LPL Financial advisors and teams who were recognized include:

Individual Advisors:
More than 100 plans

  • Jim Sampson, Cornerstone Retirement Advisors, Warwick, R.I.
  • Russell Wayre, Benefit Partners Financial Group, LLC, Libertyville, Ill.

More than $1B in assets served and more than 100 plans

  • Corby Dall, 401k Advisors Intermountain, Sandy, Utah
  • James McQuillan, McQuillan Lahti Associates, Minneapolis

Small Teams:
More than 100 plans

  • Diversified Financial Advisors, Town and Country, Mo.
  • Plan Sponsor Consultants, Alpharetta, Ga.
  • Verus Retirement, Denver

More than $2B in assets served

  • Baystate Fiduciary Advisors, Inc., Boston
  • Compass Financial Partners, Greensboro, N.C.
  • StoneStreet Advisor Group, Pearl River, N.Y.
  • Strategic Retirement Group, White Plains, N.Y.
  • The Kieckhefer Group, Brookfield, Wis.

More than $2B in assets served and more than 100 plans

  • Clearpoint Financial, Bellevue, Wash.
  • Compass Benefit Partners, Golden, Colo.

Large Teams:
More than $3B in assets served

  • BCG Terminal Funding Company, Braintree, Mass.
  • Institutional Investment Consulting, Bloomfield Hills, Mich.
  • WhartonHill Advisors, Fort Washington, Pa.

More than 170 plans

  • Channel Financial, Golden Valley, Minn.
  • Henderson Brothers Retirement Plan Services, Pittsburgh, Pa.
  • Oswald Financial, Cleveland

More than $3B in assets served and more than 170 plans

  • MRP, Denver

Mega Teams
More than $5B in assets served and more than 250 plans

  • Retirement Benefits Group, San Diego
  • Sheridan Road Financial, Northbrook, Ill.

"We extend our congratulations to these 23 individuals and advisory teams on being recognized for the contribution they are having in managing retirement plans and their efforts to help Americans work toward better outcomes for their retirement," said David Reich, executive vice president and head of LPL's Retirement Partners. "We are proud to see the strong representation by LPL advisors on PLANADVISER's Top 100 list, as it demonstrates the value and impact that our integrated technology, practice management support and additional resources can have in helping our clients to manage and grow their businesses in ways that matter to them."

About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), is a leader in the retail financial advice market and served $460 billion in advisory and brokerage assets as of Feb. 29, 2016. LPL is one of the fastest growing RIA custodians and is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2015). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. Advisors associated with LPL also service an estimated 40,000 retirement plans with an estimated $118 billion in retirement plan assets, as of December 31, 2015. LPL also supports more than 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,400 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

Securities and Advisory Services offered through LPL Financial. A Registered Investment Advisor, Member FINRA/SIPC. To the extent that investment advice is provided by a separately registered independent investment advisor, please note that LPL is not an affiliate of and makes no representation with respect to such entity.
LPL Financial, PLANADVISER and Advisor DBA firms are all separate entities.

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Media Contact:
Lauren Hoyt-Williams
980-321-1232
Lauren.Hoyt-Williams@lpl.com