LPL Financial Expands Advisor Network with Addition of Highland Partners and Pilot Financial
LPL Financial LLC, a leading financial services company, has recently announced the addition of Highland Partners Financial Services and Pilot Financial to its broker-dealer, RIA, and custodial platforms. These strategic partnerships further strengthen LPL Financial’s advisor network and expand its reach in the market.
Highland Partners Financial Services, led by Managing Partner G. Mark Hamby, brings with it a wealth of experience and over $400 million in advisory, brokerage, and retirement plan assets’. The move to LPL Financial’s platforms marks a significant shift for Highland Partners, as they depart from Momentum Independent Network, a subsidiary of Hilltop Holdings. This transition reflects the faith and confidence that Highland Partners has in LPL Financial’s comprehensive offerings and support system.
LPL Financial’s dedication to empowering its advisors and delivering exceptional service draws firms like Highland Partners to join its network. As a leading provider of comprehensive wealth management solutions, LPL Financial offers a wide range of resources, including innovative technology, investment platforms, and practice management tools. By leveraging these robust capabilities, Highland Partners can enhance its client offerings and streamline its operations to achieve greater efficiency.
In addition to the partnership with Highland Partners, LPL Financial also welcomed Pilot Financial, a North Carolina-based team managing approximately $4.6 billion in assets under management (AUM) across 105 advisors. This expansion bolsters LPL Financial’s presence in the region and solidifies its position as a trusted partner for financial advisors seeking growth opportunities.
These strategic alliances reflect LPL Financial’s commitment to attracting top-tier talent and expanding its network of advisors. By offering a comprehensive suite of products and services, LPL Financial continues to position itself as a leading provider in the financial industry.
The addition of Highland Partners and Pilot Financial comes on the heels of LPL Financial’s monthly activity report for April 2024. The report highlighted the company’s impressive performance, showcasing its dedication to meeting the evolving needs of its clients and advisors. LPL Financial’s commitment to transparency and regular reporting stands as a testament to its commitment to fostering trust and accountability within the financial industry.
As LPL Financial continues to grow its advisor network and provide unparalleled support, advisors and clients alike can expect to benefit from the company’s robust resources and dedication to excellence. These recent partnerships with Highland Partners and Pilot Financial are just the latest milestones in LPL Financial’s ongoing journey to create value and drive success for its clients and advisors.
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