LPL Financial LLC, the nation’s independent broker-dealer, has added Nicklas Financial to its broker-dealer, corporate registered investment advisor and custodial platforms.
Nicklas Financial advisors serves approximately $400 million in brokerage and advisory assets and join from Securities America, part of the Advisor Group network of broker-dealers. The firm will align with JFC Financial Services, an enterprise firm that recently joined LPL.
Located in Jefferson City, Missouri, Nicklas Financial is a family-run business that was founded in 1979 by Kenny Nicklas, president, and his father and brother, who have since retired. Kenny’s son, Brandon Nicklas, joined the team in 2000. Joining Kenny and Brandon at the office are fellow financial advisors Jerry Christian, who has been with the firm for 30 years, and Aaron Schmitz. John Anderson manages the office and also leads a team that supports eight remote financial advisors.
“The industry has evolved over the years as we grew our business, but our core belief and commitment to our clients have not changed. We specialize in retirement planning and solving problems, serving clients throughout all of their life’s events,” Kenny Nicklas said. “It’s rewarding to see when our plans come to fulfillment as people are able to enjoy the fruits of their labor.”
LPL Financial provides service to approximately $670 billion in brokerage and advisory assets as of March 31, 2020. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to 16,763 financial advisors and 700 financial institutions.