LPL Financial Welcomes 57th Street Wealth Advisors to Linsco Channel

Core Insights - LPL Financial LLC has announced the addition of financial advisors Ken Hutkin and Ron Winkler to its employee advisor channel, Linsco by LPL Financial, where they will establish 57th Street Wealth Advisors, managing approximately $400 million in advisory, brokerage, and retirement plan assets [1][2] Group 1: Company Overview - LPL Financial is a leader in the financial services market, serving over 23,000 financial advisors and approximately 1,000 institutions, emphasizing the importance of personalized guidance for clients [8] - The Linsco employee advisor model offers financial advisors independence, allowing them to own client relationships and operate their practices flexibly [5] Group 2: Advisors' Background - Ken Hutkin brings over 30 years of experience as a business owner and entrepreneur, focusing on tailored financial strategies for professionals and business owners [2] - Ron Winkler has nearly 40 years of experience as the founder and managing partner of Winkler & Co. CPAs, specializing in tax and financial planning [2] Group 3: Team Objectives and Services - The 57th Street Wealth Advisors team aims to provide personalized service and actionable financial plans to guide clients through their financial lives [3] - The team is committed to a holistic, multi-generational financial planning and asset management approach, emphasizing tax-sensitive investment strategies [4] Group 4: Future Aspirations - Hutkin expressed a commitment to setting up their practice for future growth and ensuring business continuity, highlighting LPL's recognized name and resources as beneficial for their clients [6] - Scott Posner from LPL noted that the integration of the 57th Street Wealth Advisors team into LPL's community will empower them to grow their practice on their own terms [6]