LPL Financial announced that financial advisors Stephen Shevlin and Jonathan Joelner, MBA, have joined LPL Financial’s broker-dealer, RIA and custodial platforms to launch a new independent practice called 1818 Wealth Management. And the team reported having served about $300 million in advisory, brokerage and retirement plan assets* and joins LPL from Stifel, Nicolaus and Co.
Based in Swansea, Illinois (just 20 minutes from the Gateway Arch in St. Louis), Shevlin and Joelner have worked for nearly 10 years together and have a combined 50 years of industry experience between them. And the advisors take a people-first approach to serving a wide range of clients in about 30 states. Their new brand speaks to both advisors’ pride in their home state, as Illinois officially joined the Union as the 21st state in 1818.
The advisors are looking forward to leveraging LPL Marketing Resources to help build and amplify their brand while cultivating new marketing strategies that can take their new practice to the next level. And Joelner anticipates using LPL’s retirement tools to make it easier to provide the investment guidance that helps clients hit their life goals.
KEY QUOTES:
“In this industry, it’s the people who make a difference in client engagement and outcomes. We treat our clients — exactly how we would want to be treated — no matter their age, career or account size.”
- Stephen Shevlin
“We can choose our own path and make decisions that are in the best interest of our clients. The harder we work, the more it will benefit them and our business. And through LPL, we have the resources we need to do what we’ve always wanted to do.”
- Jonathan Joelner
“We welcome Stephen and Jonathan to LPL Financial. Our platform is designed to support the unique needs of independent advisor teams like theirs, providing robust resources and integrated technology that empower advisors to create personalized strategies and drive successful client outcomes. We look forward to supporting the 1818 Wealth Management team in their efforts to grow their practice, engage a broader clientele and deepen their already strong and productive client relationships.”
- Scott Posner, LPL Executive Vice President, Business Development
