12.22.23

LPL Financial Takes Minority Stake in Independent Advisor Alliance

by: Steve Randall

LPL Financial has taken a minority stake in the Independent Advisor Alliance (IAA), which supports financial advisors in their independent practice. North Carolina-based IAA recently bolstered its senior leadership team to focus on growth and marketing with new hires including former LPL Financial executive David Buzo who is IAA’s chief marketing officer. LPL Financial’s Jeremy Holly, executive vice president of business strategy and growth, says that the two firms have shared aims. “Since its inception, IAA has been dedicated to providing robust support and innovative programs that empower financial advisors to be successful independent business owners,” he said. “Like LPL, IAA’s focus is on advisors and helping them to grow their businesses. We are proud to partner with IAA as they build upon their success.”

Read the full article on InvestmentNews