Advisers Sam Cone, Jessica McNamee and Grace Yung have joined LPL Financial’s Advisor Inclusion Council, a 21-member group comprising representatives with diverse backgrounds and specialties from affiliated financial firms and institutions, along with LPL leaders.
Established in 2018, the council “contributes to solutions to attract more underrepresented financial advisers; help advisers address barriers to growth and engage in new investor markets, and create and cultivate inclusive communities for advisers to connect, learn and share best practices,” LPL said in a release.
Cone is a financial consultant at Pinsker Wealth Management in Greensboro, North Carolina, as well as a lawyer and board member and treasurer for his state’s Equal Access to Justice Commission and its Justice Center.
McNamee is director for Heartland Planning Associates, the financial planning and wealth management team located at Heartland Bank in central Ohio.
Yung, a Houston, Texas-based managing director at Midtown Financial, is an active advocate for and supporter of numerous organizations in her community.
Recruited assets, organic growth both powered ahead
Goldman Sachs' Padi Raphael, Global Co-Head of Third-Party Wealth, said the "door is always open" regarding a potential RIA referral program, as the firm looks to serve the "mega trend" of growing wealth from independent advisors.
UBS research finds lack of planning and communication as key challenges for high-net-worth widows and next-generation women in navigating inheritances.
The proposed "all markets" fund is structured to enable quarterly redemptions, driven by investments in public equities, fixed income, and private market assets.
The firm has been dogged by compliance issues for years, resulting in multiple fines by various regulatory bodies.
From direct lending to asset-based finance to commercial real estate debt.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
