LPL Financial announced that financial advisors Larry Forlenza, CRPC, and Carl Hanks, CRPC, have joined LPL Financial’s broker-dealer, RIA and custodial platforms. And they reported serving about $430 million in advisory, brokerage and retirement plan assets and join LPL from Raymond James Financial Services.
Based in Morristown, N.J., Hanks and Forlenza reunited with Morristown Wealth Management, which includes fellow advisors Don Giovanello and Gian Paolella, who joined LPL in October. And with nearly 30 years in financial services, Forlenza provides in-depth experiences to help families and professionals address each of their financial objectives. He takes a comprehensive approach to asset management and business planning, and as a Chartered Retirement Planning Counselor, Forlenza specializes in retirement income planning, employer-sponsored retirement plans, tax planning, retirement cash flow, estate planning and more. Forlenza is supported by his longtime practice manager Bonnie Bishof.
Hanks has been in the financial services industry since 1991 and he has extensive experience working with corporate executives, successful business owners, individuals and affluent families using a disciplined comprehensive approach to their unique financial situations.
KEY QUOTES:
“We help clients define what is most important to them and then formulate the strategies that are suited for each individual need, from accumulating wealth or investing for income, solidifying a retirement plan or devising a distribution approach,”
- Carl Hanks
“We weighed our options and felt that LPL was the best place to evolve our business and enhance service experiences for our clients. We are excited to have access to LPL’s open-architecture digital platform and a more robust support system to help us take care of our clients’ needs. LPL also provides the tools to grow our business and the back-office support to position us for a more successful future. We look forward to reconnecting with the Morristown team in this next endeavor.”
- Larry Forlenza
“We welcome Carl and Larry to the LPL community and look forward to supporting them as they continue to grow their business. We believe that advisors thrive when they have access to the right capabilities and support, and we’re confident they will be able to take advantage of our strategic resources and unprecedented flexibility to deliver the best possible outcomes for their clients.”
- Scott Posner, LPL Executive Vice President, Business Development