Mother-son duo managing $175 million affiliates with LPL

Mother-son duo managing $175 million affiliates with LPL
Theresa and Kevin Hannon, who operate as Hannon Financial Group in Oak Brook, Illinois, are switching from American Portfolios.
APR 14, 2022

A mother and son who manage $175 million in assets in Oak Brook, Illinois, have switched their broker-dealer affiliation and custodial platform to LPL Financial from American Portfolios Financial Services.

Theresa M. Hannon and Kevin Hannon operate as the Hannon Financial Group. They will use the services of Professional Wealth Advisors, a large office of supervisory jurisdiction for LPL.

Theresa Hannon has 36 years of experience, according to her BrokerCheck report, and had been affiliated with American Portfolios since 2010. Kevin Hannon has five years of experience, all with American Portfolios.

Pandemic gives boost to responsible investing

Latest News

SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees
SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees

Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.

Apella Wealth comes to Washington with Independence Wealth Advisors
Apella Wealth comes to Washington with Independence Wealth Advisors

The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.

Citi's Sieg sees rich clients pivoting from US to UK
Citi's Sieg sees rich clients pivoting from US to UK

The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.

US employment report reactions: Overall better than expected, but concerns with underlying data
US employment report reactions: Overall better than expected, but concerns with underlying data

Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.

Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading
Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading

"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.