CHARLOTTE, N.C. – April 9, 2019 – Independent Advisor Alliance (IAA), an office of supervisory jurisdiction on LPL Financial LLC’s hybrid registered investment advisor platform, today announced donations totaling more than $8,000 to support Communities In Schools of Charlotte-Mecklenburg (CIS). This gift will help support CIS’ mission to keep kids stay in school and on a path to a brighter future.
Throughout 2018, IAA educated its community of advisors about CIS and its mission through emails and newsletters. The year-long educational campaign culminated at their annual Engage conference in Charlotte, where money was raised during the registration process and via a silent auction fundraiser. In addition to the funds raised at the conference, both IAA and LPL Financial contributed to the overall total collected.
“This gift is a testament to the philanthropic nature of the advisors in our community, as well as their commitment to helping others,” said Robert Russo, founder and CEO of Independent Advisor Alliance. “We are all proud to support students and the work of CIS that ensures students have the caring relationships, resources and services they need to succeed, ultimately impacting their lives in lasting ways.”
Russo also volunteers his time with CIS and has served on the Charlotte-Mecklenburg affiliate’s board of directors since 2017.
“Our work with students would not be possible without the generosity of our supporters like Independent Advisor Alliance,” said Molly Shaw, President and CEO of Communities In Schools of Charlotte-Mecklenburg. “Robert and the financial advisors with IAA understand the tremendous resilience and potential inside each of our students. Investing in their success and future is a win for everyone.”
Visit www.cischarlotte.org to learn more about Communities In Schools of Charlotte-Mecklenburg and the great work they do.
About Communities In Schools – Charlotte
Communities In Schools of Charlotte-Mecklenburg is an affiliate of the national Communities In Schools network, the nation’s largest organization dedicated to empowering students to stay in school and on a path to a brighter future. CIS-Charlotte places full-time professionals – our Site Coordinators – in selected Charlotte-Mecklenburg (CMS) schools to connect students to caring adults and community resources that will empower them to be successful inside and outside the classroom. By partnering with individual volunteers, businesses, faith and community groups, CIS is able to provide a broad range of services and opportunities tailored to individual student needs. We do whatever it takes to ensure that all kids – regardless of the challenges they may face – have what they need to build on their strengths, realize their potential, and achieve in life.
LPL Financial provided service to approximately $615 billion in brokerage and advisory assets as of December 31, 2017. LPL is the nation’s largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2018). The Company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 15,000 financial advisors and over 700 financial institutions. LPL Financial and its affiliates have primary offices in Boston, Fort Mill, and San Diego. For more information, visit www.lpl.com.
Investment advice offered through Independent Advisor Alliance, a registered investment advisor and separate entity from LPL Financial. Securities offered through LPL Financial. Member FINRA/SIPC.
Based in Charlotte, N.C., Independent Advisor Alliance (IAA) is strategically focused on building a community of successful independent advisors serving the financial and retirement needs of individuals and businesses. IAA provides its affiliated advisors with customized support services designed to optimize efficiencies, reduce expenses, attract and retain clients, and boost revenue. Founded in 2013, today IAA serves 146 partner firms, servicing more than $14 billion of client assets of which $9.1 billion are assets under management as of July 2021.
About LPL Financial
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker/dealer**. We serve independent financial advisors 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.com
*Achievement is based on annual production among LPL Advisors only.
**Based on total revenues, Financial Planning magazine June 1996-2020
Securities offered through LPL Financial, member FINRA/SIPC. Investment advisory services offered through Independent Advisor Alliance (IAA), a registered investment advisor. IAA and LPL are separate entities.