LPL Financial Recruits Credit Union from CUSO
LPL Financial LLC, the nation’s largest independent broker-dealer, has added the investment program offered at Bay 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 Bay Federal Credit Union’s investment program to its broker-dealer and corporate registered investment advisor platforms.
The program joins from CUSO Financial Services and its advisors oversee approximately $215 million of client brokerage, advisory and retirement plan assets.
The Capitola, California-based credit union includes seven branch locations serving Santa Cruz County and includes financial advisors Gina Bayer and Sam Solgan, with the support of financial representative Kevin Penrose.
LPL Financial provides service to approximately $684 billion in brokerage and advisory assets as of the first quarter of 2019. 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.
