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LPL Lands $175 Million Team from Cambridge

LPL Lands $175 Million Team from Cambridge. Alternative investments, RIA, registered investment advisor, Helmsman Financial Strategies, LPL Financial

LPL Financial LLC announced that Helmsman Financial Strategies has joined LPL Financials’ broker-dealer, registered investment advisor, and custodial platforms. Helmsman, led by President Peter Manning, CPA, PFS, reported serving about 200 individual clients with approximately $175 million in advisory assets and joins LPL Financial from Cambridge.

With more than two decades of experience, Manning provides financial planning, retirement guidance, and investment management integrated with tax planning. Based in Burlington, Mass., he is joined by an operations manager and a financial analyst, along with “Jack Jack,” the office cat.

“I see my role as being somewhat of a family CFO, helping clients with all financial aspects of their lives, whether that’s buying a car or finding a second home or downsizing to assisted living,” Manning said. “I want to help clients understand and maximize their financial resources and make sure they are comfortable every step of the way.”

“I was immediately impressed by LPL’s devotion to high-quality innovative technology and business resources — everything from the trading platform to the research team — that sets them apart from others in the industry,” Manning said. “The complete integration of their systems allows us and our clients to log into only one place to find the full financial picture…”

Scott Posner, LPL Financial executive vice president of business development stated, “We welcome Peter to the LPL community and are honored he chose to partner with us as he seeks new ways to be a more meaningful part of his clients’ financial stories. … We look forward to a long-lasting relationship [with] Helmsman Financial Strategies.”

Committed to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional, LPL Financial Holdings, Inc., serves more than 22,000 financial advisors – including advisors at approximately 1,100 enterprises and at approximately 560 RIA firms nationwide.

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