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LPL Recruits Former Commonwealth Advisor

LPL Financial LLC (Nasdaq: LPLA), the nation’s largest independent broker-dealer, has added financial advisor Glenn “Rob” DeHollander.

LPL Financial LLC (Nasdaq: LPLA), the nation’s largest independent broker-dealer, has added financial advisor Glenn “Rob” DeHollander to its broker-dealer, corporate registered investment advisor, and custodial platforms.

DeHollander joins from Commonwealth Financial Network and serves approximately $130 million in advisory, brokerage and retirement plan assets.

Based in Greenville, South Carolina, DeHollander Financial Group is a faith-based practice focused on retirement income planning, wealth management, estate planning and managing retirement plans for businesses. With assistance from a four-member office support team, DeHollander works primarily with affluent families and individuals, small business, churches and civic organizations.

LPL said that, as a former engineer, DeHollander brings a consultative mindset to the practice, understanding the importance of providing solutions and communicating ideas in easy to understand terms. “Every day, our goal is to help clients succeed by providing a personalized approach to financial planning. We take pride in not only helping clients work towards their lifetime dreams but also making sure they enjoy the journey,” DeHollander said.

The team said that it moved to LPL to gain access to “robust resources and innovative technology.” Additionally, DeHollander is planning to grow his business by partnering with other like-minded LPL advisors.

Scott Posner, LPL executive vice president, Business Development, said, “We welcome Rob to the LPL family and are proud to support his independent practice. Like Rob, we understand that every client is unique. By providing our financial advisors with access to a broad range of non-proprietary products and investment platforms, we strive to empower them in their delivery of personalized investment strategies. We also offer choice and flexibility in how they run their businesses, and we will meet advisors where they are in the evolution of their practice to provide them with differentiated tools and capabilities to help them deliver meaningful, customized services to their clients. We look forward to a long-lasting partnership with DeHollander Financial Group.”

LPL Financial provides service to approximately $958 billion in brokerage and advisory assets as of March 31, 2021. The company supports more than 17,000 financial advisors, 800 institution-based investment programs, and 450 independent RIA firms nationwide.

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