- Synergy Wealth Strategies, led by James 'Jim' Verdi, CFP®, joins LPL Financial (LPLA, Financial), adding $350 million in assets.
- LPL Financial now manages approximately $1.7 trillion in assets with nearly 29,000 financial advisors.
- Partnership aims to enhance client experience through advanced technology and comprehensive support.
LPL Financial (LPLA) has announced that James 'Jim' Verdi, CFP®, has joined their broker-dealer, RIA, and custodial platforms. Verdi's firm, Synergy Wealth Strategies, is bringing approximately $350 million in advisory, brokerage, and retirement plan assets to LPL from Osaic. Founded in 2008 and based in Smithtown, N.Y., Synergy Wealth Strategies offers comprehensive wealth management services with a holistic approach.
LPL Financial supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, managing about $1.7 trillion in brokerage and advisory assets for around 6 million Americans. This expansion aims to enhance client experience, boost technological capabilities, and facilitate business growth through LPL's integrated technology platform and back-office support.
"Our clients’ goals are well thought out and often quite complex. Their portfolios should reflect the same,” said Verdi. "By partnering with LPL, we can provide large-firm asset management with boutique-firm planning and strategy."
LPL Financial continues to position itself as a leader in the financial advisory market, with a wide array of investment solutions and fintech tools tailored to support advisors' operational and strategic success.
