LPL Financial LLC, a subsidiary of LPL Financial Holdings Inc. announced that the Planners Network, formerly affiliated with National Planning Corporation, has joined LPL.
“The Planners Network is a unique collective of advisors operating with a common vision to support each other’s growth, and we believe they have done so quite successfully,” said Bill Morrissey, LPL managing director and divisional president of business development.
The Planners Network has 75 advisors and serves more than $4.3 billion of client assets. It was formed 18 years ago by advisors at National Planners Corporation.
David Williams, the Planners Network's board president and founder of Retirement Investment Specialists, in Santa Rosa, Calif., said, “With LPL, we have the ability to establish ourselves in a way that helps us to be able to pursue our individual goals and our group’s goals. We also gain access to the firm’s enhanced technology resources, advisory platforms and transitioning tools, all of which will help with the move and our long-term success.”