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SAN DIEGO, Aug. 13, 2015 (GLOBE NEWSWIRE) -- LPL Financial LLC, the nation’s largest independent broker-dealer*, an RIA custodian, and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today announced that John Cordeiro has opened a new wealth management firm, Vintage Wealth Advisors. The firm has joined LPL’s broker-dealer platform and will provide fee-based advisory services through Financial Advocates Investment Management, an independent RIA on LPL’s hybrid RIA platform. Vintage Wealth Advisors reported that, based on prior business, the firm had served approximately $220 million of client assets**, as of June 30, 2015.
Cordeiro has more than 20 years of experience in providing financial planning services to individuals and business owners in the Napa Valley, Calif. community. Vintage Wealth Advisors also includes Angie Denna, wealth advisor and operations manager; Jim Dimarco, wealth advisor; and two client services specialists. The firm offers a wide array of services, including financial planning, investment and retirement strategies, estate planning, and insurance and annuities. Cordeiro and his staff customize financial plans designed to address each client’s individual short and long-term goals, risk tolerance and financial life in its entirety.
“Our team has always strived, and will continue to strive, to ensure that we place our client’s needs at the forefront of every decision we make,” Cordeiro said. “The decision to affiliate with LPL Financial allows us to continue to do this, while giving us the freedom to provide truly objective financial advice. Additionally, the extensive resources and support that our team now has access to is invaluable. We are confident that this transition is in the best interest of our clients and the long-term success of our firm.”
“We welcome John Cordeiro and his team to LPL,” said Steve Pirigyi, LPL executive vice president of business development, LPL. “We value his entrepreneurial spirt and his commitment to serving the best needs of his clients.”
*Based on total revenues, Financial Planning magazine, June 1996-2015
**Asset numbers were reported by Vintage Wealth Advisors based on prior business and have not been independently and fully verified by LPL Financial.
About Vintage Wealth Advisors
Vintage Wealth Advisors is an independent, full-service financial planning firm committed to supporting the goals of individuals and business owners in the Napa Valley. As representatives of LPL Financial, the team at Vintage Wealth Advisors provides unbiased, fee-based advice and a wide array of services that include comprehensive financial planning, proactive investment management, customized retirement strategies, estate planning, and insurance and annuities. For more information, please visit www.vintage-wealth.com.
About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the financial advice market and serves $486 billion in retail assets. The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,100 independent financial advisors and more than 700 banks and credit unions. LPL Financial is the nation's largest independent broker-dealer since 1996 (based on total revenues, Financial Planning magazine, June 1996-2015), is one of the fastest growing RIA custodians with $112 billion in retail assets served, and acts as an independent consultant to over an estimated 40,000 retirement plans with an estimated $120 billion in retirement plan assets served, as of March 31, 2015. In addition, LPL Financial supports approximately 4,300 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have 3,385 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.
Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.
LPL Financial Media Contact Lauren Hoyt-Williams 980-321-1232 Lauren.Hoyt-Williams@lpl.comNEXT ARTICLE
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