CHARLOTTE, N.C. – August 7, 2018 – Independent Advisor Alliance (IAA), a leading independent registered investment advisory firm, announced today that it has partnered with GuideStone Funds® to provide a portfolio solution for clients interested in socially responsible investing (SRI).
GuideStone Funds offers a custom, turnkey money management solution for clients looking for both performance-driven and values-based funds to meet their financial goals. Advisors benefit from GuideStone’s multi-manager investment approach and access to global financial markets which can help further strengthen well-diversified portfolios to maximize returns and reduce risk.
“Each client’s investment interests and needs are different, and their investment strategies should reflect that,” says Robert Russo, CEO of IAA. “Interest in SRI-focused investing continues to grow, and we are happy to provide our advisors and their clients with the resources and opportunity to pursue both their investment and impact objectives.”
David Spika, President of GuideStone Capital Management®, says “IAA understands that you can invest for impact without sacrificing performance. We are excited that they have chosen to make GuideStone Funds available to its network of advisors and we look forward to helping them provide a socially conscious portfolio solution for clients with environmental impact, social equity, and corporate governance mandates.”
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 2007, today IAA serves more than 120 independent financial advisors in 14 states, servicing a total of more than $5 billion of client assets as of March 2018.
GuideStone®, headquartered in Dallas, Texas, provides investors with access to GuideStone Funds — the nation’s largest Christian-screened mutual family. The firm offers industry-recognized investment options to help investors achieve their financial goals, while allowing them to honor what matters most — their values.
GuideStone utilizes a manager-of-managers investment approach, which is intended to benefit investors by providing access to multiple, proven investment management firms within a single investment fund while also pursuing maximized returns and reduced risk. As of March 31, 2018, GuideStone has $12.6 billion in assets. For more information, visit GuideStoneFunds.com.
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.
Independent Advisor Alliance and GuideStone Funds are separate entities from LPL Financial.
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.