Team managing $155 million moves to LPL from Cetera
Menninger & Associates Financial Planning, based in Norristown, Pennsylvania, will use the firm’s broker-dealer, RIA and custodial platforms.
Menninger & Associates Financial Planning, a Norristown, Pennsylvania-based hybrid managing $155 million, has switched affiliations from Cetera to LPL Financial and will use the firm’s broker-dealer, RIA and custodial platforms.
Founded in 2000 by financial adviser Michael Menninger, the eponymous firm has grown to include five additional advisers and two support staff.
“LPL will enable us to provide elevated experiences for our clients, from statements to account view,” Menninger said in a statement. “We anticipate the technology and software will make it easier for our clients to access all of their financial information and performance in one place.”
Menninger also said the move to LPL opens the door to bring on additional advisers to add more depth for succession planning and business continuity.
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