Press release
LPL Financial Welcomes Return of Harbor Lights Financial Group
SAN DIEGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that the founders, financial advisors and staff with Harbor
About this update from Lpl Financial Holdings Inc.
[{"type":"text","content":"SAN DIEGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that the founders, financial advisors and staff with Harbor Lights Financial Group have returned to LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $535 million in advisory, brokerage and retirement plan assets* and join LPL from Wells Fargo FiNet. Headquartered in Manasquan, N.J., Harbor Lights Financial Group was founded in 1994 by financial advisors Doug Lockwood, CFP®, Rob Tendler, CFP®, CLU, and Ken Roberts, CFP®, all who share a passion for helping clients on their journey to financial freedom by providing strategic investment advice, customized planning and high-touch service experiences. They built the practice uniquely by helping employees of large companies with their retirement planning, and they later grew their business in the high-net-worth space. The team includes financial advisors David Scureman, MBA, CFP®, and Jonathan Shippee, MBA, CFP®, along with Chief Operating Officer Steve Catapano and five office support staff members. “We are a team of highly accomplished advisors who specialize in developing detail-focused plans designed to help clients accumulate, preserve and transfer wealth throughout all market cycles,” said Lockwood, an accomplished public speaker and featured contributor to Fox News, CNBC, U.S. News & World Report, Kiplinger’s Personal Finance Magazine, MSNBC and the Wall Street Journal online. “Each advisor brings a different skillset to the team, and we collaborate to provide clients with well-defined, personalized strategies to help them reach their wealth goals in a timely manner.” Why they chose to return to LPL Financial Harbor Lights leaders have kept their eyes on LPL over the past few years, closely watching the firm’s transformation to bring advisors into the future of advice and wealth management. After comprehensive due diligence, the team found that LPL is a much-changed organization and would be the ideal partner for the next chapter of their business. “As independent advisors, we want to be in the best possible place so we can continue to serve our clients at the highest level,” Lockwood said. “LPL and its leaders are putting in hard work and significant investments into a platform of the future. We are highly impressed with the quality of se...