[Pasadena, CA] — [October 31, 2017] — Alex Chalekian from Lake Avenue Financial, based in Pasadena, CA, announced that he has been named by LPL Financial (LPL) as a new member of the LPL Advisor Council. Alex is one of 24 members selected from among more than 14,000 LPL advisors nationwide. The LPL Advisor Council provides a forum in which advisors representing a variety of business models ranging from small independent practices to large institutions, including banks and credit unions, serve as a sounding board for LPL. Members share ideas and suggestions, as well as challenges and concerns, to help drive the development of upcoming LPL programs, communications, products and services.
Council members serve a four-year term, and attend a series of in-person meetings and conference calls during their tenure. They also serve on at least one committee—either Investments & Research; Marketing, Communication & Growth; Service; or Technology—and participate in additional ways, including as participants in ad hoc research projects, by having a staff member represent their business on the LPL Service & Operations Council, and by helping to establish a larger, more representative Extended Network feedback group within LPL.
Advisor Council members pledge to:
- Advise – Help assess specific areas of LPL services, communications, programs and technology and make suggestions and recommendations designed to improve each area.
- Assist – Discuss emerging industry and market trends with LPL leadership and help identify potential action in response.
- Advocate – Represent all LPL institutions, businesses and advisors by making recommendations that support their peers and improve the industry as a whole.
Alex will be attending the Q4 Advisor Council meeting held November 1-3 in Charlotte, NC.
Mr. Chalekian is an LPL Financial advisor. LPL provides resources, tools and technology that support advisors in the delivery of personal, objective financial advice.
About Lake Avenue Financial
Lake Avenue Financial is a financial planning firm that was founded with the goal of assisting their clients in every aspect of financial management and wealth building. They extend beyond the normal advisor/client relationship, providing truly unbiased advice and the most personal service available to ensure their clients are successful and enjoy a healthy level of financial literacy. The company strives to help educate their valued clients in order to create financial stability and independence for them. This education is vital for their clients to successfully make prudent decisions regarding their future. Their experienced independent financial advisors connect your current financial situation with your retirement, investment, tax and estate goals. They partner with you for the long term and help you every step of the way in order for you to fulfill your financial goals and retire comfortably. Find out how Lake Avenue Financial helps make your financial dreams a reality through comprehensive and independent advice. Together they can take the guesswork out of your financial future. Lake Avenue Financial is based out of Pasadena, CA but has clients throughout the nation. For more information, visit www.lakeavefinancial.com.
About LPL Financial
LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $560 billion in brokerage and advisory assets as of September 30, 2017. LPL is one of the fastest growing RIA custodians and the nation’s largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2017), and the firm and its financial advisors were ranked No. 1 in net customer loyalty in a 2016 Cogent ReportsTM study. The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 financial advisors and over 700 financial institutions, enabling them to provide a range of financial services including wealth management, retirement planning, financial planning and other investment services to help their clients turn life’s aspirations into financial realities. As of September 30, 2017, financial advisors associated with LPL served more than 4 million client accounts across the U.S. as well as an estimated 41,000 retirement plans with an estimated $137 billion in retirement plan assets. Additionally, LPL supports approximately 3,700 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,500 employees with primary offices in Boston, Charlotte, and San Diego. For more information, visit www.lpl.com.