logo
logo

LPL Financial Welcomes Return of Harbor Lights Financial Group

Aug 08, 2024•11 months ago

Contract Type

partnership

San DiegoFinance

Description

The founders, financial advisors, and staff with Harbor Lights Financial Group have returned to LPL Financial’s broker-dealer, RIA and custodial platforms, reporting serving approximately $535 million in advisory, brokerage, and retirement plan assets, and joining from Wells Fargo FiNet. Harbor Lights Financial Group, headquartered in Manasquan, N.J., was founded in 1994 by financial advisors Doug Lockwood, CFP®, Rob Tendler, CFP®, CLU, and Ken Roberts, CFP®, with a focus on providing strategic investment advice and customized planning.

Company Information

Company

LPL Financial

Location

N Fm 620 Building C

San Diego, California, United States

About

LPL Financial is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Related People