LPL Financial announced it added a couple of teams that both reported serving $265 million in advisory, brokerage and retirement plan assets each.
Generational Asset Planning
Financial advisor Tre Panagos joined LPL Financial’s broker-dealer, RIA and custodial platforms. And he reported serving approximately $265 million in advisory, brokerage and retirement plan assets and joined LPL from Edward Jones.
Panagos started his career in broadcast journalism and spent several years as a news videographer and director until the long hours and excess travel took a toll on his family. In 2011, he decided to team up with his father in financial services, and he eventually took over the practice after his father’s retirement.
Now one of the Panagos’ daughters is joining his firm while the other daughter is planning to be a valuable business partner in the future. And based in Santa Fe, N.M., Panagos works with attorneys, accountants and other professionals to deliver comprehensive investment strategies that take into consideration all aspects of each client’s financial life.
With the move to LPL, Panagos launched Generational Asset Planning. And he looked forward to being able to operate independently and build out his ideal and multigenerational practice.
Cousino Wealth Advisors
Financial advisors Todd Cousino, Nicholas Hawk and Charles Moyer joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Cousino Wealth Advisors. And the advisors reported also served about $265 million in advisory, brokerage and retirement plan assets and join LPL from Ameriprise.
Based out of Brownstown, Michigan, Cousino and Hawk have worked as a team since 2015, with Moyer joining in 2020. And they built their practice based on a collaborative approach that draws on each advisor’s professional skills and experience. They offer comprehensive financial planning and wealth management using a bucket strategy to grow and preserve wealth for their clients. The advisors are also joined by Senior Client Services Associate Terri Rowe.
KEY QUOTES:
“We specialize in generational wealth, not only helping clients accumulate wealth but also helping them transfer that wealth to future generations. So much focus is placed on building wealth, which is important, but the next step — what to do with that wealth — is often overlooked. We’ve been fortunate to work with four generations of clients, and now with my daughter on board, we are walking the walk as we talk about multigenerational planning.”
“To be successful in this business, you must put the needs of your clients ahead of your own and operate with strong morals and ethics. LPL’s culture of independence gives me the freedom to operate in the best interests of my clients, which is paramount. I also appreciate the integrated technology LPL provides, both for advisors and clients, and I’m particularly impressed with how straightforward and intuitive the account statements are. I want them to have the best possible experience, and LPL represents the practice of the future.”
The team was drawn to the Linsco model that serves advisors seeking the core tenets of independence, including owning their client relationships and having the flexibility to run their practice on their own terms. 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 and other dedicated consultants.
- Tre Panagos
“We take great pride in the strong relationships we’ve built with our clients, and we are committed to providing them with the highest levels of service and advice.”
“Our goal is to always be client-first, and we want to continuously increase and evolve their experience. We are excited to join LPL and leverage the firm’s advanced technology to create greater practice efficiencies. LPL’s integrated capabilities provide us with more choice in software and solutions to automate our workflow, which frees up our time to focus on what matters most: our clients.”
- Todd Cousino
“We welcome Tre and his family to the LPL community as they build out a multigenerational practice. We look forward to supporting the entire team at Generational Asset Planning, providing them with innovative technology and resources designed to help deliver exceptional client experiences.”
“We welcome Todd, Chuck and Nick to the Linsco community. In today’s environment, advisors often benefit from an additional layer of support for day-to-day operations so they can focus on what matters most: taking care of their clients. We look forward to supporting the business growth and success of Cousino Wealth Advisors as they leverage our robust technology platform and practice management programs to deliver differentiated client experiences.”
- Scott Posner, LPL Executive Vice President, Business Development
