CHARLOTTE, North Carolina, Nov. 14, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC today announced that financial advisor Tim Truebenbach CFP®joined the LPL Employee Advisor channel, Linsco by LPL Financial (“Linsco”). He said he served approximately $350 million in advisory, brokerage and pension* assets, and joined LPL from Morgan Stanley. He will be the anchor tenant of a newly built Linsco office in Tacoma, Washington.
Truebenbach, who acquired his enthusiasm for the stock market in junior high school, is a seasoned advisor with over 25 years of industry experience. He built his business from the ground up by providing comprehensive financial planning and wealth management to high net worth families, trusts and businesses. He is supported by Registered Client Services Associate Wendy Keefe.
“We believe that financial planning fueled by asset allocation should be the cornerstone of every client’s portfolio,” Truebenbach said. “We take a three-pillar approach to helping customers, based on proactive and regular communication. It starts with treatwhich leads to smarter decisions, then collaboration between a client and his entire financial team followed by a personal attention every step of the way.
Ultimately, Truebenbach says the main question for the company is, “How does this benefit the customer?” And that’s exactly what led him to LPL.
In launch Real private wealth powered by LPL Financialit was important for Truebenbach to join a company that would give him the flexibility and ability to build his business on his own terms.
“I went through an extensive due diligence process to determine how we could better serve customers more meaningfully, in a way that matters to them,” Truebenbach said. “This move gives me the freedom to do what I want for my business and focus my time on my own agenda, which is to focus more on investing, planning and customer experience.”
Why Linsco by LPL?
Truebenbach, who had grown accustomed to the support of a large corporation, said Linsco’s employee advisor model offers the best of both worlds: the ability to make the decisions for his business and his customers, as well as access to LPL’s industry-leading technology capabilities, resources and a dedicated support team that allows it to focus on what matters most: its customers.
Linsco by LPL serves financial advisors who seek the fundamentals of independence, including mastery of their client relationships and the ability to manage their practice in their own way. With Linsco, advisors are supported by an experienced branch management team, dedicated marketing consultant, technology consultant and service team, freeing up more time for advisors focus on helping their customers.
“I didn’t want to wear the corporate hat or feel like I was always swimming upstream,” Truebenbach said. “With Linsco, I don’t have to do everything myself. The whole platform is designed to support my office so that I can take care of customers. »
Scott Posner, LPL’s Executive Vice President, Business Development, added, “On behalf of LPL, I am delighted to welcome Tim to the LPL community. His desire to keep clients’ needs in mind is firmly aligned with LPL’s mission to take care of our advisors so they can take care of their clients. We do this by creating differentiated and compelling experiences for both advisors and their clients. We offer independent solutions designed to meet advisors where they are in the evolution of their practice, providing them with choice and flexibility in how they manage and grow their business. We look forward to a lasting relationship with True Private Wealth Powered by LPL Financial.
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About LPL Financial
LPL Financial (Nasdaq: LPLA) was founded on the principle that the business should work for the advisor, not the other way around. Today, LPL is a leader in the markets we serve, supporting more than 21,000 financial advisors, including advisors in approximately 1,100 institutional investment programs and approximately 500 registered investment advisory firms.” RIA”) nationwide. We are unwavering in our commitment to the advisor-centric model and the belief that Americans deserve access to personalized advice from a financial advisor. At LPL, independence means advisors have the freedom they deserve to choose the business model, services and technology resources that allow them to run their practice perfectly. And they have the freedom to manage their relationships with their customers because they know their customers best. Simply put, we take care of our advisors, so they can take care of their clients.
*Approximate value based on details of assets and holdings provided to LPL from year-end 2021.
Best RIA Custodian (Cerulli Associates, 2020 US RIA Marketplace Report); #1 independent brokerage in the United States (based on total revenue, Financial Planning magazine 1996-2022); among third-party providers of brokerage services to banks and credit unions, #1 in growth of financial institutions’ assets under management; No. 1 in financial institution AUM market share; #1 in financial institution revenue market share; #1 in Financial Institutions Market Share; No. 1 on the share of advisors. (Kehrer Bielan Research & Consulting TPM 2021-2022 Annual Report). Fortune 500 in June 2021.
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