LPL Financial Adds Former Cetera Team to Platform
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Founders Investment Services, offered at Founders Federal Credit Union, to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Founders Investment Services, offered at Founders Federal Credit Union, to its broker-dealer and corporate registered investment advisor platforms.
Founders Investment Services, which joined from Cetera Advisor Networks, reported that its advisors served approximately $300 million of client brokerage and advisory assets.
Based in Lancaster, South Carolina, the credit union operates 29 branches in North and South Carolina and serves more than 200,000 members. Six advisors offer investment and wealth management services at all locations.
The team, which offers retirement and investment services with a focus on financial planning, includes managing director and wealth advisor C. David Tolson III, and financial consultants Keith Benton, Zachary Boerger, Cody Bowers, Jake Carr and Austin Terry.
LPL Financial provides service to approximately $681 billion in brokerage and advisory assets as of the third quarter of 2018. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 16,000 financial advisors and 700 financial institutions.
