LPL Financial announced that it has started providing custodial and broker-dealer services to a $3 billion independent financial planning firm.
Bleakley Financial Group, a Fairfield, N.J.-based independent financial advisory firm, began providing custodial and broker-dealer services to its clients through Private Advisor Group, an investment advisor using LPL's hybrid RIA platform, as of Sept. 30, LPL says.
"Our affiliation with LPL and Private Advisor Group enables Bleakley to offer our clients the full benefits of our independence, including objective advice and a broad range of products," Bleakley Principal Scott Schwartz said in a statement. "The available tools and resources also help us fulfill our commitment to providing superior service as we meticulously plan each financial recommendation and decision."
For the last 30 years, Bleakley has provided financial and investment planning, retirement planning, estate planning, insurance and risk planning to a range of high-net-worth individuals, families and business owners, according to LPL.
Today, Bleakley's team of 110 investment professionals currently oversees $3 billion in client assets, the firm says.
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