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Financial services

LPL Financial Welcomes Zarra Wealth Management to its Platform

Strategic Insights

— 1 min read

Zarra Wealth Management, a financial services firm from Long Island, has joined LPL Financial's broker-dealer, Registered Investment Advisor (RIA) platform, bringing with it approximately $270 million in advisory, brokerage, and retirement plan assets. The team of advisors, consisting of Christopher Zarra, James Kelly, and Michele Welch, has a collective 48 years of experience in the financial industry and has achieved the rigorous CFP designation. They pride themselves on providing high-touch, personalized service to their clients, who are mainly families, pre-retirees, and retirees.

Key Takeaways:

  • Zarra Wealth Management has joined LPL Financial's platform with approximately $270 million in assets, serving approximately 7 million Americans across 1,100 financial institutions.
  • The team of advisors, led by Christopher Zarra, James Kelly, and Michele Welch, has a collective 48 years of experience and has achieved the CFP designation.
  • They prioritize providing high-touch, personalized service to their clients, who are mainly families, pre-retirees, and retirees.
  • Zarra Wealth Management chose LPL Financial in search of greater autonomy and independence while maintaining a client-first focus.
  • The team values flexibility and Tailors investment strategies to meet the unique needs of each client.
  • LPL Financial welcomes the Zarra Wealth Management team and looks forward to supporting their growth and development.

Statistics:

  • LPL Financial now supports over 29,000 financial advisors and serves approximately 7 million Americans across 1,100 financial institutions.
  • LPL Financial serves and custodies approximately $1.9 trillion in brokerage and advisory assets.
  • The Zarra Wealth Management team brings 48 years of collective financial industry experience to LPL Financial.
  • The team of advisors has achieved the rigorous CFP designation.
  • LPL Financial's platform allows for a wide range of proprietary investment products and provides flexible tools and technology to enhance practice growth.

Sources:

  • LPL Financial LLC
  • Zarra Wealth Management
  • GlobeNewswire (MIL-OSI)
  • FINRA/SIPC
  • Nasdaq: LPLA

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