Broker-Dealer Update: Week 8

New Member Application Filed to FINRA

The paperwork has officially been filed with FINRA and the clock is ticking. Within 180 days they will review our paperwork and, barring any minor changes, we should have our end complete well before the December deadline. Stay tuned for more information in the next few months.

More New Hires

This week we’ve hired three new staff members. Matthew Scrimshaw will be reaching out to advisors, setting them up with technology, and helping them find platforms that fulfill their needs. Michelle Peatee has joined the marketing team to help develop graphic design assets and bring financial advisor brands to life. James Robinson is joining our rapidly growing advisor support staff to help advisor practices maintain and grow their book of business.

Approval to Move Advisory Business

Advisors are officially permitted to move assets from LPL’s platforms to any of our outside custodians. Please defer all questions regarding movements from outside custodians to our transitions department.