The association of firms are part of The Planners Network, formerly affiliated with National Planning Corporation.

A group of wealth planning firms have joined LPL, the retail investment advisory firm and broker-dealer group. 

The association of firms are part of The Planners Network, formerly affiliated with National Planning Corporation. 

Collectively, based on prior business, TPN-associated firms reported serving more than $4.3 billion of client brokerage and advisory assets, as of Oct. 31, 2017.

TPN was formed 18 years ago by advisors at NPC who joined together to exploit their collective scale in business operations. TPN is managed by a board of directors and a chief operating officer, Kären Locklin. The organization has about 75 advisors operating primarily as single-person or small offices.

David Williams CFP® is TPN board president and founder of Retirement Investment Specialists, a three-person office in Santa Rosa, Calif. “With LPL, we have the ability to establish ourselves in a way that helps us to be able to pursue our individual goals and our group’s goals. We also gain access to the firm’s enhanced technology resources, advisory platforms and transitioning tools, all of which will help with the move and our long-term success,” Williams said.

LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings, is a RIA custodian and independent broker-dealer. As of September 30, 2017, financial advisors associated with LPL served more than four million client accounts across the US.