LPL Financial Welcomes Financial Advisor Corey Phillips | News


CHARLOTTE, North Carolina, Jan. 06, 2022 (GLOBE NEWSWIRE) – LPL Financial LLC (Nasdaq: LPLA) today announced that financial advisor Corey Phillips has joined the brokerage, corporate investment advisory (RIA ) and custody of LPL Financial. Phillips told LPL he had served around $ 115 million in advisory, brokerage and pension assets. * He joined LPL after working for Park Avenue Securities, which is part of the Guardian Life Insurance Company of America .

Based in Pittsfield, Mass., Phillips’ journey to becoming a financial advisor was somewhat unique. After college, he teamed up with his brother and father to own a small retail liquor store and rental properties. “My experience as a store owner connected me with people from all walks of life and added a truly unique perspective to my work in financial consulting,” said Phillips, who eventually left the world of finance. retail to launch his new career as a full-fledged professional. time financial advisor in 2014. The experience, he said, has given him a personal and engaging approach to his client relationships – he always strives to practice active listening, understand financial goals of its clients and tailor strategies to suit their various needs.

In search of a new wealth management firm, Phillips chose to move to LPL and team up with Alex Kastrinakis, a former colleague who joined LPL last year. They plan to fully partner up and launch a new brand later this year.

Phillips said, “LPL as a leading industry partner for financial advisors and I look forward to implementing the innovative tools and resources that LPL has to offer. I believe that my clients will now benefit from an intuitive and effortless investment experience, and I have all the necessary capabilities to diversify investment options, maximize the return potential of my clients and differentiate my practice. Additionally, LPL does not have any proprietary investment products, so I can be a fiduciary and come up with strategies and ideas that are in the best interest of my clients.

Scott Posner, Executive Vice President of Business Development at LPL, said: “Our team at LPL warmly welcomes Corey, and we are honored to help him and Alex launch their renowned firm later this year. . We believe advisors know what’s best for their clients and that they should have the independence and flexibility to do it. LPL strives to be a committed partner for our financial advisers, offering a wide range of differentiated services and innovative technological experiences. We look forward to a lasting partnership with Corey and the growth of his business. “

Consultants, find an LPL business development representative near you.

About LPL Financial LPL Financial (Nasdaq: LPLA) was founded on the premise that the company should work to advise it, not the other way around. Today, LPL is a leader ** in the markets we serve, supporting more than 19,000 financial advisers, 800 institutional investment programs and 450 independent RIA companies across the country. We are unwavering in our commitment to the Advisor-Centered Model and the belief that Americans deserve access to the personalized advice of a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services and technological resources that allow them to perfectly manage their practice. And they have the freedom to manage their customer relationships because they know their customers better. Simply put, we take care of our advisors, so they can take care of their clients.

** Top RIA Custodian (Cerulli Associates, 2020 US RIA Marketplace Report); # 1 independent brokers in the United States (based on total revenues, Financial Planning magazine June 1996-2020); 1st provider of brokerage services on behalf of third parties to banks and credit unions (TPM Annual Report 2020-2021 Kehrer Bielan Research & Consulting); Fortune 500 in June 2021

* Approximate value based on asset and holding details provided to LPL from year 2021

Securities and advisory services offered by LPL Financial LLC, an SEC-registered brokerage and investment advisor. FINRA / SIPC member

Throughout this communication, the terms “financial advisers” and “advisers” are used to refer to the registered representatives and / or representatives of the investment advisers affiliated with LPL Financial LLC. We regularly disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

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Media Contact: Lauren Hoyt-Williams (980) 321-1232 [email protected]

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