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 investment advisory firm on LPL’s hybrid RIA platform. ITI reported that, based on prior business, the firm’s advisors served approximately $200 million of client assets, as of Nov. 30, 2015*.
Based in Peekskill, N.Y., ITI is led by industry veteran Lawrence J. DeNoia, CFP® CPA, and also includes three other financial advisors, Daniel Giaimo, CFP® CPA, Joseph Kelly and Patrick Lennon, as well as four support staff. The firm provides comprehensive financial strategies and financial services, including investment management and insurance services, to individuals, corporations and foundations in about 20 states nationwide, but predominately serves clients based in New York, New Jersey and Connecticut.