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OLYMPIA, WA, September 19, 2017 /24-7PressRelease/ -- Financial Advocates welcomes Michael Pickett to its advisor network. Financial Advocates supported Pickett throughout his transition to LPL Financial, which was completed within at the end of July.
"I needed more flexibility and options, not more restriction," said Pickett. "Financial Advocates is an advocate for independence, which helps me to be a better advocate for my clients."
"It's a time of tremendous change in the industry. Advisors are recognizing that partnership, above all else, is what is going to make the difference for their continued success." stated Gary Campbell, CEO Financial Advocates. "We are navigating the landscape for our advisors and providing guidance, oversight and support so they can worry less and grow their business with confidence."
To learn more about Pickett's independent advisory firm, Focused Financial Management Group, visit www.focusedfmg.com.
About Financial Advocates
Financial Advocates, LLC (FA) provides servant leadership in the financial advice market and serves as a financial advisor's primary ally through the transition, growth, and ongoing management of an independent practice. Organized in 1996, FA now serves over $9 billion in total assets; $2.6 billion in assets managed through the Registered Investment Advisor, Financial Advocates Investment Management (FAIM), up 37% YTD; $1.2 billion in assets managed through the Registered Investment Advisory subsidiary to LPL Financial (LPL), up 16% YTD; $3.3 billion in brokerage assets served through LPL, up over 20% YTD; and approximately $2 billion in 401(k) assets advised. FA's experienced and diverse staff delivers intensive support to advisors as they transition to an Independent Broker-Dealer, a Hybrid RIA, or a RIA to achieve pure independence. Advisors then enjoy concierge-level service in business development, regulatory compliance oversight, operations, IT, marketing and investment management. FA provides services to more than 200 independent financial advisors, 12 banks and credit unions, and more than 100 support staff.
Financial Advocates and its affiliates have 27 home office employees with office locations in Olympia, WA and Tacoma, WA. For more information, please visit www.financialadvocates.com.
About LPL Financial
LPL Financial is one of the nation's leading financial services companies and a publicly traded company under ticker symbol LPLA. The firm's mission is rooted in the belief that objective financial guidance is a fundamental need for everyone. LPL does not offer proprietary investment products of engage in investment banking activities; this means advisors affiliated with LPL are not pressure of influenced by LPL to sell its products. Thousands of financial advisors nationwide are able to reply on the firm's tools and resources to help them provide financial guidance and recommendations to help meet their clients' needs. For more information on LPL Financial, visit www.lpl.com.
Securities offered through LPL Financial, Member FINRA/SIPC. Financial Planning and Investment advice offered through Financial Advocates Investment Management, a registered investment advisor. Financial Advocates Investment Management, Financial Advocates and LPL are separate entities.
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