LPL Financial Welcomes Eight Advisors after CenterState Bank, South State Bank Merger
October 22 2020 - 9:04AM
LPL Financial LLC (Nasdaq:LPLA), a leading retail investment
advisory firm, independent broker-dealer and registered investment
advisor (RIA) custodian, today announced that the wealth management
program at CenterState Bank has joined LPL’s Institution Services
through the bank’s merger with LPL client, South State Bank. The
advisors reported having served approximately $350 million in
brokerage and advisory assets*. The program was previously
affiliated with NBC Securities.
Eight CenterState advisors and five client services team members
join more than 40 members at South State Investment Service to
provide client-focused, locally-based financial advice and guidance
throughout the Southeast.
“As a result of our merger with CenterState, we are now able to
provide trusted financial advice to clients in six Southeastern
states, including Florida, Alabama, Georgia, the Carolinas and
Virginia,” said Tim Sease, managing director, South State
Investment Services. “We are excited to grow our team and to
enhance our talent through the addition of these advisors who bring
valued counsel to clients. We thank LPL for the support with the
merger and for their ongoing partnership.”
Rich Steinmeier, LPL Financial managing director and divisional
president, Business Development, said, “We congratulate South State
Investment Services on its continued growth and we welcome their
newest team members. We have a strong partnership with Tim and the
South State team, and we are deeply committed to helping them
expand their investment program and reach more clients throughout
the Southeast. We understand the unique needs and opportunities
that institution-based investment programs face, and LPL’s
Institution Services model is designed to serve this segment of
financial professionals with strategic consulting and a
differentiated service experience, all powered by a comprehensive,
integrated digital platform.”
Read about other firms that recently joined LPL in the LPL
Financial News and Media section of LPL.com.
Advisors, find an LPL business development
representative near you.
About LPL FinancialLPL Financial
(https://www.lpl.com) is a leader in the retail financial advice
market and the nation’s largest independent broker-dealer**. We
serve independent financial advisors, professionals, and financial
institutions, providing them with the technology, research,
clearing and compliance services, and practice management programs
they need to create and grow thriving practices. LPL enables them
to provide objective guidance to millions of American families
seeking wealth management, retirement planning, financial planning
and asset management solutions.
LPL Financial Institution ServicesLPL Financial
is a leading provider of third-party investment services to
financial institutions, offering insurance and investment services
to approximately 800 banks and credit unions nationwide*. LPL
provides resources, high-touch service, consulting and technology
solutions to support bank and credit union wealth management
programs.
About South State CorporationSouth State
Corporation (NASDAQ: SSB) is a financial services company
headquartered in Winter Haven, Florida. South State Bank, N.A., the
company’s nationally chartered bank subsidiary, provides consumer,
commercial, mortgage and wealth management solutions to more than
one million customers throughout Florida, Alabama, Georgia, the
Carolinas and Virginia. The bank also serves clients coast to coast
through its correspondent banking division. Additional information
is available at SouthStateBank.com.
Securities and advisory services are offered through LPL
Financial (LPL), a registered investment advisor and broker-dealer
(member FINRA/SIPC). Securities and insurance offered
through LPL or its affiliates are:
- Not Insured by FDIC or Any Other Government
Agency
- Not Bank Guaranteed
- Not Bank Deposits or Obligations
- May Lose Value
*Based on prior business and represents assets that would have
been custodied at LPL Financial, rather than third-party
custodians. Reported assets and client numbers have not been
independently and fully verified by LPL Financial.
CenterState Bank, South State Bank and LPL Financial are
separate entities.
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 advisor.
**Based on total revenues, Financial Planning magazine June
1996-2020
Connect with Us!
https://twitter.com/lpl
https://www.linkedin.com/company/lpl-financial
https://www.facebook.com/LPLFinancialLLC
https://www.youtube.com/user/lplfinancialllc
Media Contact:Lauren Hoyt-Williams(980)
321-1232Lauren.Hoyt-Williams@lpl.com
SouthState (NASDAQ:SSB)
Historical Stock Chart
From Aug 2024 to Sep 2024
SouthState (NASDAQ:SSB)
Historical Stock Chart
From Sep 2023 to Sep 2024