CHARLOTTE, North Carolina, July 28, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) today announced that financial advisor Eddie Chan has joined LPL Financial’s brokerage, RIA and custodial platforms, affiliating with Perennial Financial Services, an existing company that supports affiliate advisors at LPL. Chan said he served approximately $110 million in consulting, brokerage and pension plan assets,* and joined LPL from Ameriprise Financial.
Chan first showed an affinity for finance when he experienced Black Monday in October 1987. Motivated to help clients improve their financial literacy and manage their complete financial situation, Chan launched his career 30 years ago. year. He believes in a holistic, process-driven approach to financial planning and investing, and has established a holistic understanding of his clients’ finances and relies on his standardized processes to help them.
Chan will be based in Los Angeles, CA, serving a diverse clientele ranging from young professionals to retirees. He enjoys maintaining close relationships with his clients to fully understand their unique financial needs and goals. Whether her clients are looking to achieve financial stability, accumulate wealth, or build a legacy, Chan outlines and executes their personalized financial roadmaps.
Why Chan chose LPL Financial
“When I chose a company to affiliate with, I was essentially looking for true independence – the ability to create the practice and client experience that I envision. With its versatile investment tools and innovative open architecture technology, LPL has established itself as a top choice. LPL’s bespoke services and Perennial’s in-house support will allow me to run my business efficiently while transforming the customer experience,” Chan said, emphasizing his intention to leverage LPL’s wide range of solutions. “With this move, I look forward to creating added value for my clients and partnering with the network of like-minded advisors at Perennial to grow my business, which I was unable to do before joining LPL. .”
John Petrick, Senior Managing Director at Perennial Financial Services, said, “It is an honor and a privilege to welcome Eddie to our growing family of advisors here at Perennial. Eddie brings over 30 years of experience in financial services as well as an independent and entrepreneurial spirit that aligns perfectly with our core principles and ideals. We look forward to partnering with Eddie and helping him continue to grow his practice while providing the high level of service his clients deserve and expect.
Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Eddie to the LPL community and congratulate him on this new chapter in his career. Everything we do at LPL revolves around our advisors and their success – we’re here to help them grow and grow. With LPL, finance professionals are equipped with dedicated support teams and an integrated technology stack that enable them to run a high-performing practice, maintain operational efficiency, and focus on their clients. We look forward to a lasting partnership with the entire Perennial Financial Services team.
Related
Discover other companies that have recently joined LPL in the LPL Financial News and Media section of LPL.com.
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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 over 20,000 financial advisors, approximately 1,000 institutional investment programs and approximately 500 independent RIA firms 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 asset and holding details provided to LPL as of year 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 1996-2021); #1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 Company as of June 2021. LPL and its affiliates provide financial services only from the United States.
Securities and advisory services offered by LPL Financial LLC, an SEC-registered broker-dealer and investment adviser. FINRA/ SIPC member.
Perennial Financial Services advisors provide investment advice through Perennial Investment Advisors, a registered investment adviser.
Throughout this communication, the terms “financial advisers” and “advisors” are used to refer to registered representatives and/or representatives of investment advisers affiliated with LPL Financial LLC. We regularly disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
Perennial Financial Services, Perennial Investment Advisors and LPL Financial are separate entities.
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