LPL Financial Welcomes Landmark Capital

About this update from Lpl Financial Holdings Inc.

[{"type":"text","content":"CHARLOTTE, N.C., May 04, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Thomas Reynolds, CFP® and Kathleen Gfrorer, CFP® of Landmark Capital, Inc. have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported having served approximately $400 million in advisory, brokerage and retirement plan assets*, and join LPL from Securities America, now part of the Advisor Group network of broker-dealers. The team will shut down its own RIA to join LPL’s corporate RIA to manage compliance, improve operations and provide an enhanced client experience. Reynolds and Gfrorer have worked together for more than 30 years at the Oak Brook, Ill.-based firm, where they take a team approach to helping their clients work toward their long-term financial goals. As a full-service wealth management firm that caters to many high-net-worth clients, the Landmark team also includes support members Steven Mallo and Lauren Friscia. “We understand that it can be a daunting task for individuals to plan their financial futures, whether the concern is paying too much in taxes or not having enough money to last throughout retirement. That’s where we step in. Our team has extensive training and experience to help break down complex matters, provide sound information and create personalized, long-term strategies,” Gfrorer said. “Tom and I complement each other well and bring different strengths to the team so that we can cover more ground to help clients make sound financial decisions and feel better about their future.” Opting to join a National RIA to streamline operationsWith the move to LPL, the team closed its RIA to join LPL’s RIA in an effort to scale back the workload, streamline operations and spend more time with the clients. The move was also part of the advisors’ business continuity plan to ensure clients will be taken care of well into the future. “By joining LPL’s RIA, we’ll have enhanced back office support so we can alleviate ourselves of some of those responsibilities and concentrate more on helping our clients,” Gforer said. “We also plan to grow our team by bringing on additional advisors to help with our succession planning. LPL’s vast network of advisors should open up many doors for someone we can pull into our group to make sure clients will be well-taken care of for generations to come...

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