Vermont Firm Joins LPL Financial's Advisor Platform

Robbie Lawther

15 June 2018

Flood Financial Services has joined LPL Financial’s broker/dealer and registered investment advisor platforms.

The firm served approximately $330 million of client brokerage and advisory assets, as of June 1.

Based in South Burlington, Vermont, Flood Financial Services is made up of four advisors and five professional staff members.

“Our team wanted to join the largest independent broker-dealer in the industry to be able to take advantage of their scale and stability that will allow us to further enhance the level of service our clients have come to know and expect,” said Richard Flood, Flood Financial Services partner. “LPL’s focus on providing advisors with technology and a depth of resources gives us the opportunity to operate more efficiently and to deepen our client relationships. In addition, we were impressed by LPL’s specialized team that supports succession planning and acquisitions, and we are looking forward to leveraging their expertise to grow our business in the future.”

In April, this publication reported US-based LPL Financial had hired Tom Anderton and Ryan Howard.