LPL Financial announced that financial advisor Tom Russell, CFP, and his sons Brian Russell and Charles Russell have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Russell Wealth Partners. And the family team reported serving approximately $250 million in advisory, brokerage and retirement plan assets and joins LPL from Merrill Lynch. They will operate out of the Linsco suite at LPL’s San Diego campus.
With 38 years of industry experience, Tom Russell is keenly interested in market conditions and helping families work toward financial success. And his sons Charles and Brian also recognized their passion for wealth management and followed their father’s footsteps after initial forays in engineering and law, respectively.
The team turned to Linsco by LPL for its innovative technology and enhanced service experiences, and the freedom to operate with an increased level of autonomy.
Linsco by LPL serves financial advisors who value the core tenets of independence, such as owning their client relationships and having flexibility to run their practice, their way. And with Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of having support from an experienced branch management team, dedicated marketing consultant, technology consultant and service team.
KEY QUOTES:
“It is so rewarding to have my sons by my side to continue the family legacy. They are both wonderful assets to the team and are helping us take it to the next level as we create more hands-on, boutique experiences for clients. We pride ourselves on taking the time to truly tailor investment plans and strategies for each client’s unique needs, goals and objectives.”
“LPL supports the entrepreneurial mindset and gives us the flexibility to build our business on our own terms so we can put clients’ best interests at the forefront of everything we do. We have support from a Fortune 500 company with a local presence and can operate without corporate mandates or outside influence. I’m confident this move will help ensure my sons will be set up for success right away and 20 years from now.”
– Tom Russell
“We welcome Tom, Brian and Charles to the San Diego Linsco community. We understand advisors want the freedom to nurture client relationships and build their business on their terms. At LPL, we meet advisors where they are in the evolution of their business to help them create their perfect practice. We remain committed to helping advisors achieve their goals while supporting and enabling their success through comprehensive business solutions and innovative technology. We look forward to supporting Russell Wealth Partners for years to come.”
– LPL Executive Vice President Scott Posner, Business Development
