LPL Financial LLC announced today that financial advisor Buddy Favor has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported having served approximately $115 million in advisory, brokerage and retirement plan assets*, and joins LPL from VALIC Financial Advisors, the broker-dealer for AIG Retirement Services.
Based in Indialantic, Fla., Favor began his career in wealth management in 2015. After shadowing a senior advisor, Favor likened financial planning to a putting the pieces of a jigsaw together, and he became motivated by the idea of helping people – regardless of their net worth or profession – fit together the pieces of their personal financial puzzle. To that end, Favor regularly volunteers his time helping both adults and high school students develop a basic understanding of financial literacy. “It’s important that everyone has the knowledge necessary to take an active role in their finances in order to help build their financial future,” Favor said.
In addition to financial literacy, Favor believes in the importance of financial security. “One of the first things I ask my clients is what life would look like if they were debt free,” Favor said. “Then together we look at their full financial picture and I make recommendations to help them address their goals – potentially creating a very different financial future for themselves and their loved ones.”
Looking for a partner that will allow him to spend more time helping clients, Favor turned to LPL to launch his own firm, Favor Financial Group.
“What LPL offers its partners is essentially an ‘easy’ button,” Favor said. “LPL’s integrated systems will allow me to open new accounts quickly and easily, while its streamlined tools will help me answer my clients’ questions thoughtfully, thoroughly and quickly. I am confident that working with LPL will help me do my job more efficiently while providing an elevated client experience.”
(This news/press release has not been altered by investment.net, apart from the headline, and has been obtained from a syndicated source:- https://finance.yahoo.com/news/lpl-financial-welcomes-financial-advisor-130000948.html)