Workflow
LPL Financial Welcomes Lex Wealth Management
LPLALPL Financial(LPLA) GlobeNewswire·2025-02-11 13:55

Core Insights - LPL Financial LLC has welcomed financial advisors Carmen M. Lex Jr. and Chris Lex, who bring approximately 630millioninadvisory,brokerage,andretirementplanassetstothefirm[1][2]−TheLexbrothershaveestablishedareputationfortailoredinvestmentstrategiesandqualityservicesince2014,specializinginfinancialplanningandpensionanalysis[2][3]−TheirmovetoLPLFinancialisdrivenbyadesireforindependenceandacommitmenttoprovidingpersonalizedfinancialguidancethroughtheirnewfirm,LexWealthManagement[3][4]CompanyOverview−LPLFinancialHoldingsInc.isoneofthefastest−growingwealthmanagementfirmsintheU.S.,supportingnearly29,000financialadvisorsandservicingapproximately630 million in advisory, brokerage, and retirement plan assets to the firm [1][2] - The Lex brothers have established a reputation for tailored investment strategies and quality service since 2014, specializing in financial planning and pension analysis [2][3] - Their move to LPL Financial is driven by a desire for independence and a commitment to providing personalized financial guidance through their new firm, Lex Wealth Management [3][4] Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting nearly 29,000 financial advisors and servicing approximately 1.7 trillion in brokerage and advisory assets [6] - The firm offers a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services, allowing advisors to choose the business model and resources that best fit their needs [6]