CHARLOTTE, N.C. – March 2, 2020 – Robert Russo, CEO of Independent Advisor Alliance, today announced his inclusion in LPL’s Executive Council for the fifth consecutive year. This elite recognition is given to less than 1% of the firm’s more than 17,000 financial advisors nationwide*.
One of LPL’s top five firms, IAA oversees more than $10B in client assets for their 143 partner firms.
“On behalf of LPL, I congratulate Robert on reaching this milestone in their professional career,” said Angela Xavier, LPL executive vice president, Independent Advisor Services. “Business owners, American investors and industries at large faced extraordinary challenges throughout 2020. In the advisor-mediated financial advice market, investors showed how much value they place on a trusting relationship with a financial advisor. We applaud Robert for his commitment to clients and resiliency as a business owner, and we are inspired by his dedication to making a meaningful impact in the lives of his clients. It is an honor to support Robert and wish his entire team continued success as they continue to add value for clients and in their business in the years ahead.”
“We take great pride in and are committed to providing the highest level of service in the financial services industry. LPL’s recognition reflects our success in guiding and supporting our advisors as they grow their business,” said Robert Russo, CEO and Founder of IAA. “I’m so proud of my team and our advisors who make this achievement possible.”
About IAA
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 143 partner firms, servicing more than $10 billion of client assets of which $7.9 billion are assets under management as of February 2021. For more information, visit www.independentadvisoralliance.com.
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.
Media Contact:
Dana Ryan
(888) 430-1555
dryan@iaaria.com