LPL Financial LLC, the nation’s largest independent broker-dealer, has added Seattle First Asset Management LLC to its broker-dealer and corporate registered investment advisor platforms. Seattle First, which joined from Signator Investors, serves approximately $800 million of client brokerage and advisory assets.
Founded in 2012 by Steven Jones, the firm has a history that dates back to 1954 when Steve’s father, Floyd Jones, started his career as an investment advisor with a focus on building stock portfolios for his clients.
Seattle First Asset Management is located in the Seattle metro area, and includes operations manager Loren McEwan, who holds FINRA Series 7 & 66 licenses. The team offers wealth management and investment advice.
“What sets us apart is that we practice value investing and typically own what we recommend,” Jones said. “We invest with a long-term perspective with low portfolio turnover to help manage the customer’s tax exposure.”
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.