LPL Financial Welcomes Tenacity Investment Group

Core Insights - LPL Financial LLC has announced the addition of financial advisor Steve Jones from Tenacity Investment Group, who manages approximately $230 million in advisory, brokerage, and retirement plan assets [1][2]. Group 1: 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 dollars in brokerage and advisory assets for around 6 million Americans [6]. - The firm offers a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services, allowing advisors and institutions to select the business model and technology resources that best suit their needs [6]. Group 2: Advisor Profile - Steve Jones, a 25-year industry veteran, founded Tenacity Investment Group in 2010 with a focus on providing independent advice and financial education to clients, particularly those in or nearing retirement [2]. - Jones emphasizes the importance of understanding clients' financial goals through extensive initial meetings, which can last three to four hours, to create tailored financial plans and responsible investment strategies [3]. Group 3: Transition to LPL Financial - Jones chose to join LPL Financial due to their dedicated service team, overall scale, and their understanding of independent advisors, which he believes will enhance the client experience [4]. - LPL Financial's Executive Vice President, Scott Posner, expressed commitment to supporting Tenacity Investment Group with integrated technology capabilities to provide differentiated client experiences [4].