Amping up recruiting efforts, giant LPL firm grew its revenue by 300% in 2011
Independent Financial Partners has gotten so big that it's taking a bite out of LPL's business -- and LPL doesn't seem to mind
Elmer Rich III
A post-IPO good news story. Always fortunate to be in a growth market.
William Hamm
A couple comments. The success IFP has enjoyed the past few years could not have been achieved without the partnership and affiliation with LPL. They are not, and never have been, competitors of IFP. Our relationship is one of two partners, servicing the needs of our advisors and clients and LPL had been extremely supportive of our efforts to grow our firm. In my opinion, the LPL hybrid platform is the most independent and robust program available because they bring resources to the table that most other BD’s can only dream of providing.
We are extremely pleased with our partnership with LPL and look forward to continuing that relationship for many years to come.
Related Moves
Christa Carone, an ex-Fidelity and Xerox marketing whiz, steps onto a slippery slope at LPL with a daunting task -- to consolidate a NASCAR size brand portfolio... or not?
With no CMO since August, the chief marketing officer will play catch up for a company still hungry to buy more branded B2B and B2C players.
April 2, 2024 at 1:28 AM
How a white senior vice president at an LPL OSJ came to hire a former black minister as recruiter despite the latter's pledge to make it 'uncomfortable' at times
Rob Sandrew hit it off with Keith L. Frasier, willing to speak up on racial and racial justice issues, who also checks all the boxes for attracting talent and assets at a firm that recruited $2 billion last year
August 19, 2020 at 2:18 AM
His days of playing defense done, Jeff Concepcion pinches pennies then poaches a Fidelity and Schwab veteran to execute grab for next $6 billion of AUA at Stratos
Lou Camacho will pursue goal of $600 million a quarter in new assets on behalf of OSJ that wants much more inorganic growth
October 5, 2018 at 7:40 PM
LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold
Sheridan Road Financial
Consulting Firm
Top Executive: Jim O'Shaughnessy
Private Advisor Group
Specialized Breakaway Service
Top Executive: Frank Smith, Chief Executive Officer
Independent Financial Partners
RIA Serving Other RIAs
Top Executive: William Hamm
