LPL Financial announced that ITI Strategies Inc., an independent financial advisory firm based in Peekskill N.Y., 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 in New Jersey. ITI Strategies reported serving about $200 million in client assets as of November 2015.
ITI Strategies employs four advisors and four support staff. It provides financial strategies and services to individuals, corporations and foundations nationwide, but predominately serves clients in New York, New Jersey and Connecticut.
LPL Financial is a wholly owned subsidiary of LPL Financial Holdings Inc., with $462 billion in advisory and brokerage assets.