DAVID LAUT HONORED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
Granite Bay, CA — January 20, 2022 — David Laut, an independent LPL Financial advisor at Abound Financial in Granite Bay, today announced his inclusion in LPL’s Chairman’s Club. This elite award is presented to less than 4% of the firm’s more than 19,000 financial advisors nationwide*.
“I congratulate David on behalf of LPL,” said Angela Xavier, LPL executive vice president, Independent Advisor Services. “We are inspired by his dedication to clients and strong commitment to helping them work toward their financial goals. It is an honor to support David with robust resources, integrated capabilities and differentiated service experiences designed to help him run a thriving practice. We wish David and his entire team continued success as they create meaningful impact in the lives of their clients in the years ahead.” Laut is affiliated with LPL Financial, a leading wealth management firm. LPL provides the resources, tools and technology that support advisors in their work to enrich their clients’ financial lives.
About LPL Financial:
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader** in the markets we serve, supporting more than 19,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
**Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S (Based on total revenues, Financial Planning magazine June 1996-2021); No. 1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 as of June 2021
*Achievement is based on annual production among LPL Advisors only.
Throughout this communication, the terms “financial advisors” and “advisors” include registered representatives and/or investment adviser representatives affiliated with LPL Financial LLC, an SEC registered broker-dealer and investment adviser.
Securities are offered through LPL Financial, member FINRA/SIPC. Investment advisory services offered through Abound Financial, a Registered Investment Advisor. LPL Financial and Abound Financial operate as separate and unaffiliated entities.