In the News

‘Approachability’ continues to be the one-word descriptor of what separates good RIAs from the ones who struggle

March 23, 2017 — 3:45 PM EDT by Guest Columnist Abby Salameh – RIABiz.com – Money is a prickly topic so channeling your inner porcupine, leaving people hanging by the receptionists desk and delivering monologues about smart-beta is dumb.
Brooke’s Note: This article is about RIA approachability. All things equal, it might be all that matters. …

Joshua Anglin & Thomas Compernolle Join Private Advisor Group

Private Advisor Group is proud to announce that Joshua Anglin & Thomas Compernolle have joined its network of advisors. Joshua & Thomas come to us from Ameriprise Financial Services in Independence, OH. Welcome Joshua and Thomas!

Momentum Continues as Private Advisor Group Adds Another Million Dollar Producer to its Network

PAG Welcomes JBL Financial Services, Inc.
November 21, 2016 – Morristown, NJ – Private Advisor Group, a 10+B Registered Investment Advisor and LPL Financial’s largest enterprise1 announced today that another successful advisor has joined the ranks. JBL Financial Services, Inc, a financial advisory firm located in St. Louis, MO with over 100M in AUM has partnered …

In a continued trend of advisors moving to independence, Private Advisor Group Welcomes Johnston & Associates Private Wealth Advisors from Ameriprise

This marks the 68th advisor joining PAG year to date
November 7, 2016 – Private Advisor Group, a 10+B Registered Investment Advisor and LPL Financial’s largest enterprise1 announced today that another Ameriprise advisor has joined the ranks. Johnston & Associates, a financial advisory firm located in Canonsburg, PA with over 100M in AUM has partnered with …

Private Advisor Group Helps Their Independent Advisors Grow by Choosing BizEquity to Dominate Business Owner Market

2.11.2016
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BizEquity Will be offered to their 600+ advisors at a significant discount to help drive growth
November 4, 2016 – Private Advisor Group, a 10+B Registered Investment Advisor and LPL Financial’s largest enterprise1 announced today they have entered into a strategic relationship with BizEquity, the world’s leading online provider of business valuation and performance …

Dana Johnston has joined Private Advisor Group

Private Advisor Group is proud to announce that Dana Johnston has joined its network of advisors. Dana has come to us from Ameriprise Financial in Canonsburg, PA. Welcome Dana!

After LPL Leaves FSI, Two of Its OSJs Become Members

7.10.2016
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By Diana Britton
October 4, 2016
WealthManagement.com
LPL Financial decided to leave the Financial Services Institute earlier this summer, but now three of its largest offices of supervisory jurisdiction have joined the advocacy organization.
FSI just recently allowed OSJs of non-member firms to join, and Advantage Financial Group, Private Advisor Group, and Integrated Financial Partners, all affiliated …

LPL super OSJs join FSI, helping it regain ground

7.10.2016
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By Michelle Zhou
October 4, 2016
FinancialPlanning.com
The Financial Services Institute may have lost LPL Financial as a member, but it is regaining ground by welcoming three super OSJs affiliated with LPL to its roster.
In its latest membership update, the Washington-based industry group named 15 new firms, among them Private Advisor Group, Advantage Financial Group and …

After LPL Exit, FSI Opens Door To Some OSJs As Corporate Members

7.10.2016
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The Financial Services Institute, the main trade group for independent broker-dealers, has opened its doors to independent branches of certain brokerage firms. FSI, which lost LPL, its largest member in March, announced Tuesday that among 15 new firms joining this year, three were large offices of supervisory jurisdiction (OSJs).

After LPL walks away from FSI, two large branches join the trade and lobbying group

5.10.2016
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10/04/2016 Investment News – Advantage Financial Group and Private Advisor Group take advantage of a policy change to join the organization that represents independent broker-dealers.
The Financial Services Institute, the independent broker-dealer industry’s largest trade and lobbying group, saw the largest company in the industry, LPL Financial, walk out the door earlier this year.
FSI and LPL …

15 Firms, Including 3 Super OSJs, Join FSI

4.10.2016
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One of the new member firms is affiliated with LPL Financial, which is not a part of the industry group itself
By Janet Levaux
October 4,2016
ThinkAdvisor.com

The Financial Services Institute says 15 firms have come on board as members so far this year – mainly due to the Department of Labor’s fiduciary rule. Also, FSI is …

Large Registered Investment Advisor (RIA) Joins FSI to Advocate for Independent Advisors

10/04/2016 Morristown, NJ – Private Advisor Group, LPL Financial’s largest enterprise and a $10.5B RIA, announced today that it has joined the Financial Services Institute (FSI) as a firm member.
“We are extremely passionate about staying on the forefront of the issues that impact independent financial advisors,” said Pat Sullivan, Managing Director and Chief Compliance Officer …

Private Advisor Group Named to 2016 Financial Times 300 Top Registered Investment Advisers

16.06.2016
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MORRISTOWN, N.J., June 16, 2016 /PRNewswire/ — Private Advisor Group, LPL Financial’s largest enterprise and a $9.6B RIA, announced today that it has been named to the Financial Times 300 Top Registered Investment Advisers for the third year in a row. The list recognizes top independent RIA firms from across the U.S.
This is the …

Institute for the Fiduciary Standard Launches Campaign for Investors

31.05.2016
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Philadelphia, PA, May 24, 2016 – The Institute for the Fiduciary Standard today launched its Campaign for Investors, a groundbreaking initiative to help investors find financial advisors who best meet their needs and serve their interests first.
Introduced at a ceremony at the National Constitution Center in Philadelphia, the Campaign event was kicked off with remarks …

Local Morristown Company Gives Hope To Grieving Children and Teens

(Morristown, NJ) – “There is not one of us who has not been touched by seeing a friend or a family member pass away and leave children and spouses alone to deal with the grief. No one should have to cope with that alone,” said Abby Salameh, Chief Marketing Officer at Private Advisor Group (PAG).
Private …

LPL Financial Holdings Inc. (Nasdaq: LPLA) and Private Advisor Group to Ring The Nasdaq Stock Market Closing Bell

20.04.2016
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What:
LPL Financial Holdings Inc. (Nasdaq: LPLA), a leader in the retail financial advice market, and Private Advisor Group, the largest1 hybrid solution on LPL’s hybrid RIA platform with 9.72 billion assets served, will visit the Nasdaq MarketSite in Times Square.
In honor of the occasion, John Hyland, Managing Director, Private Advisor Group, will ring the Closing …

Expanding Growth and Demand for Independence Leads Private Advisor Group to Hire Industry Veteran to Head Business Development

MORRISTOWN, N.J., April 12, 2016 /PRNewswire/ — Private Advisor Group, LPL Financial’s largest enterprise and a $9.6B RIA, announced today that Charlie Latimer has joined the firm as Director of National Recruiting.
“We are delighted to add Charlie to our organization,” said John Hyland, Managing Director of Private Advisor Group. “His depth of experience recruiting financial …

The RIA-ification intrinsic to LPL’s preemptive DOL policy changes — yet how tightly to revenue sharing in IRAs it is hanging

Mar. 22, 2016 (RIABiz) — LPL’s super-clients like Private Advisor Group see a clear ‘advisory’ future but LPL is walking a more shrub-choked hybrid path.
LPL Financial is prepared to make a giant leap toward a more RIA-like future — but only if it can hopscotch to new ways to earn commissions along the way.
The Boston-based …

The New Face of the Super OSJ

2.03.2016
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Mar. 1, 2016 (Wealth Management Magazine) — In the late 1990s, Pete Bush was working for Cetera Advisors under an office of supervisory jurisdiction (OSJ), as was most every other independent rep paying for the privilege of having a supervisor. These offices were mandated by FINRA to more effectively distribute the oversight of an independent …

LPL Financial and Private Advisor Group Welcome ITI Strategies, Inc.

11.02.2016
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CHARLOTTE, N.C., Feb. 11, 2016 (GLOBE NEWSWIRE) — Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today announced that ITI Strategies, Inc. (ITI), an independent financial advisory firm, has joined LPL’s broker-dealer platform. ITI provides advisory services through Private Advisor Group, an …

LPL Financial and Private Advisor Group Jointly Create College Internship Program

4.11.2015
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SAN DIEGO, Nov. 2, 2015 – Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that it has developed a college internship program together with Private Advisor Group, one of the largest firms on LPL’s hybrid RIA platform with more …

What cheap lessons Donald Trump and Bernie Sanders are teaching RIAs about the dangers of trying to institutionalize their practices

3.11.2015
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Oct 20, 2015 —
Brooke’s Note: Does the RIA world, like the political world, face an authenticity problem? It seems preposterous until you consider who is coming into the business and why. Wall Street people, Silicon Valley people, private-equity people, bankers and national concerns like Schwab are all doing their best to come into this business. …

LPL Financial Welcomes Bleakley Financial Group

20.10.2015
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SAN DIEGO, Oct 14, 2015 (GLOBE NEWSWIRE via COMTEX) —
Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. LPLA, -0.10% today announced that it is providing custodial and broker-dealer services to Bleakley Financial Group (Bleakley), an independent financial advisory firm. Bleakley provides advisory services …

Private Advisor Group is certified for Investment Support Services

22.07.2015
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Pittsburgh, PA, July 22, 2015 – CEFEX, Centre for Fiduciary Excellence, LLC, has certified Private Advisor Group of Morristown, NJ for the provision of fiduciary Investment Support Services in adherence with a standard of excellence. Private Advisor Group (PAG) is among the first organizations globally to successfully complete this type of independent certification process.
The Prudent …

Private Advisor Group Named One of Financial Times Top 300 RIAs

24.06.2015
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6/24/15 Morristown, NJ – Private Advisor Group, LPL Financial’s largest branch office by revenues* and a $6B RIA, was named one of the Financial Times top 300 Registered Investment Advisors.
“We are excited to be part of this elite group of RIAs and attribute our success to all of our advisors who align themselves with us,” …