An investment bank that concentrates on areas such as wealth management has partnered up with LPL Financial.

ECHELON Partners, the Los Angeles-headquartered investment bank that focuses on wealth and investment management, has been chosen by LPL Financial, the broker/dealer, to take part in the latter’s “vendor affinity program”, offering advisors services to help run their firms.

LPL’s 14,000 financial advisors will get access to valuation, merger and acquisition advisory and consulting services. 

“As LPL’s advisors have grown in size and complexity, they may be seeking advanced Valuation, M&A and Consulting Services to optimize their firms for sustainable growth and transferable value,” Dan Seivert, ECHELON’s chief executive, said.

The program consists of firms and vendors that offer products and services to LPL Financial advisors. For some in the program, like ECHELON Partners, the offering is oriented specifically for LPL advisors.

Participants were selected for inclusion in the program based on experience working with wealth managers, their ease of doing business with LPL advisors and their ability to meet certain security and compliance requirements, ECHELON said in a statement.