LPL Financial Expands its Reach with the Addition of RFS Financial Services and Andrew Kutanovski
SAN DIEGO, March 04, 2024 - LPL Financial LLC, a leading investment advisory and brokerage firm, has recently announced the addition of RFS Financial Services to its broker-dealer, RIA, and custodial platforms. This move enables LPL to enhance its capabilities and broaden its presence in the financial services industry. RFS Financial Services brings with it a strong track record, serving approximately $140 million in advisory, brokerage, and retirement plan assets, which will further strengthen LPL’s portfolio.
With the new partnership, RFS Financial Services has chosen to transition to LPL Financial from Lincoln Financial Advisors. This deliberate decision demonstrates LPL Financial’s appeal as the preferred destination for financial advisors seeking a supportive and conducive environment for their businesses. The expertise and experience of RFS Financial Services align seamlessly with LPL’s focus on putting advisors first and empowering them to provide exceptional service to clients.
In a similar development, LPL Financial has previously confirmed that Community Resource Credit Union (CRCU) Retirement and Investment Services will also onboard its Financial Institution Services platform. This strategic partnership extends LPL’s reach into the credit union space, leveraging CRCU’s extensive network and LPL’s comprehensive range of investment products and solutions. This collaboration reflects LPL Financial’s commitment to expanding its capabilities and partnering with like-minded institutions to drive growth and success.
Furthermore, LPL Financial is pleased to welcome Andrew Kutanovski, CFP, a seasoned financial advisor, to its broker-dealer, RIA, and custodial platforms. Andrew Kutanovski brings with him a notable portfolio, serving approximately $160 million in advisory, brokerage, and retirement plan assets. His decision to transition from Corebridge Financial, formerly Valic, a subsidiary of AIG, to LPL Financial underscores the industry’s recognition of LPL as a premier destination for financial advisors looking to grow their practices and provide their clients with the best solutions.
The addition of RFS Financial Services and Andrew Kutanovski not only reinforces LPL Financial’s commitment to expanding its advisor network but also highlights its compelling value proposition. LPL Financial excels in offering a wide range of cutting-edge products, innovative technology, and comprehensive support to its advisors. With its robust platform, LPL is well-positioned to attract top financial professionals seeking to elevate their careers and deliver exceptional service to their clients.
In summary, LPL Financial’s recent announcements about the addition of RFS Financial Services and Andrew Kutanovski represent significant milestones for the company. These strategic partnerships strengthen LPL’s expertise and capabilities, allowing it to further its mission of empowering financial advisors and delivering exceptional value to clients. As LPL Financial continues to expand and solidify its position as a leader in the industry, it reinforces its commitment to providing its advisors with the tools and resources they need to succeed.
Comments