Business
Financial House Joins LPL Financial
CHARLOTTE, N.C., Dec. 05, 2022 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the team at Financial House has joined LPL Financial’s
About this update from Lpl Financial Holdings Inc.
[{"type":"text","content":"CHARLOTTE, N.C., Dec. 05, 2022 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the team at Financial House has joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported having served approximately $650 million in advisory, brokerage and retirement plan assets*, and join LPL from Lincoln Financial. Operating from a lovingly restored early 1900s home in historic Centreville, Del., Financial House was established more than 30 years ago and is now in its second generation of owners. The team is led by partner financial advisors Joseph Biloon, CFP®, Robert Griesemer CLU, ChFC and Emily Woodson, CFP®. They are joined by fellow advisors Joseph Blair, CFP®, Leo Strine and Gary Ulrich, Jr. CFP®, along with several planning associates and office support team members. With advanced credentials and broad skillsets, the Financial House team offers comprehensive wealth management services for individuals, families and successful professionals who are serious about working toward their financial goals. They make a point to communicate complex financial planning strategies in an easy and understandable way. “Our team is always available and ready to help, making our clients feel like family and our office feel like home,” Biloon said, noting each advisor brings unique strengths to help create practical solutions for clients across generations. As the practice evolves, the team recognized the benefits of partnering with a leading, independent wealth management firm. After an extensive due diligence process, they chose LPL. “Financial House was founded primarily as an insurance and planning firm, but that’s changed over the years. We now offer more comprehensive, complex investment strategies and planning, so working with an insurance-based partner no longer suited our business model,” Griesemer said. “We looked at different opportunities and spoke with friends and colleagues in the industry to get their perspective. At the end of the day, we recognized LPL would provide us with more independence and flexibility to grow our practice as we see fit.” Woodson added, “We’re also excited about the ease of doing business at LPL. Everything from the client’s perspective will be streamlined and they will have one system to log into to see all of their account information. We also appreciate the efficiencies for our offic...