LPL Financial announced that financial advisor Alberto Francis has joined LPL Financial’s high-net-worth-focused employee affiliation model, LPL Private Wealth Management, to launch Rockview Private Wealth. And he reported having served approximately $725 million in advisory, brokerage and retirement plan assets and joins LPL from Bank of America Private Bank.
Francis is the son of Irish and Mexican immigrants, and he is a former NCAA Champion and All-American from UCLA and a professional tennis player who spent three years on tour including an appearance at Wimbledon. And after completing his MBA from Stanford in 2011, he joined the financial services industry. He has steadily grown his practice over the years by cultivating meaningful relationships and positively impacting his clients’ lives.
Currently based out of Houston, Francis works closely with business owners, executives, athletes and medical & law professionals in the high-net-worth community. And as he prepares for the next career stage, Francis plans to shift focus from the banking side of the business to investments, planning and customized services.
Personalized for the needs of high-net-worth-focused advisors, LPL Private Wealth is an independent employee advisor affiliation model featuring a comprehensive array of services and support to enhance client service delivery and business growth. And LPL Private Wealth advisors enjoy the benefits of industry-leading payouts, client ownership and business autonomy while gaining access to enhanced service, expanded capabilities and an exclusive high-net-worth advisor community.
LPL developed focused resources including advanced estate and philanthropic planning, income tax strategy, trustee services, alternative investments platform, banking and lending solutions, and complex life insurance planning as well as a curated network of third-party specialists.
Francis selected “Rockview” for his new practice to pay homage to the iconic Irish scenery surrounding the estate where five generations of his family have called home. And he said Rockview also symbolizes stability, security, vision, endurance and clarity, all which are essential for a private wealth firm.
KEY QUOTES:
“I’ve had an entrepreneurial mindset for a long time and am excited to finally have my own practice where I can prioritize client relationships and truly put their interests first. I’ve gained the necessary business experience to make a successful move into the independent space and look forward to having more control over the next chapter of my career.”
“I am looking forward to accessing a broader range of services and resources to offer more nuanced and sophisticated plans. The ability to craft dynamic, client-focused strategies without the limitations of proprietary products means I can focus on what’s best for my clients and their futures.”
- Alberto Francis
“We welcome Alberto to LPL and congratulate him on the launch of Rockview Private Wealth. The LPL Private Wealth model is designed to provide high-net-worth-focused advisors with the independence they seek while offering a comprehensive suite of sophisticated resources and support. LPL empowers our advisors with advanced tools and resources that enhance their ability to serve affluent clients and deliver the sophisticated solutions and personalized service they need.”
- Scott Posner, LPL Executive Vice President, Business Development
