Apr 14

LPL FINANCIAL SELECTS NORTHWEST FINANCIAL ADVISORS AS A 2022 TOP INVESTMENT PROGRAM

Firm recognized a top program for fourth consecutive year

HERNDON, Va. — LPL Financial (LPL), the nation’s leading broker/dealer,1 has selected Northwest Financial Advisors (NWFA) a 2022 Top Producing Investment Program for medium-sized financial institution-based firms (11-20 advisors) for the fourth consecutive year.

LPL is a partner to the firm and securities custodian of its client assets. LPL recognized the firm and its financial advisors for their growth as well as the use of innovation and leadership in driving change. Led by Senior Vice President Karen Benedict, the program was among only five of approximately 1,100 LPL Financial programs located within banks and credit unions to earn similar recognition.

NWFA’s president and CEO Kevin Fisher said, “It’s quite a feat to rise to the top considering the challenging economy and markets all investment firms and their clients have experienced the last few years. I commend Karen and her team for their determination to serve our clients well and their exceptionalism in providing investment services in the financial institution space.”

NWFA’s growing team includes 12 advisors serving Northwest Federal Credit Union (NWFCU) members and the general public from the firm’s Herndon, Virginia headquarters, virtually and at NWFCU’s Virginia and Maryland branch locations. Under Benedict’s leadership, NWFA closed 2022 with $1.9 billion in total assets under management (AUM).

 

About Northwest Financial Advisors

Serving individuals and businesses across the nation for a quarter century, Northwest Financial Advisors (NWFA) is owned by NW Capital Management, a wholly owned subsidiary of Northwest Federal Credit Union (NWFCU). The firm offers a comprehensive range of personalized, objective wealth management advice and solutions to help individuals and families work toward creating, growing and preserving their assets. LPL Financial, the nation’s leading independent broker-dealer and NWFA’s securities custodian, ranked NWFA the No. 1 investment program among its credit union programs and the No. 8 investment program among its bank and credit union programs combined in 2022.2 For more information, visit www.nwfllc.com or find us on Facebook, Twitter, LinkedIn and YouTube.

 

About LPL Financial

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets they serve, supporting more than 21,000 financial advisors, including advisors at approximately 1,100 enterprises and at approximately 500 registered investment advisor (RIA) firms nationwide. LPL is steadfast in its commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business

model, services and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships because they know their clients best. Simply put, LPL takes care of its advisors, so they can take care of their clients.

 

1Based on total revenues, Financial Planning magazine, June 1996-2022
2Rankings based on overall production among all LPL Financial FIS advisors, 2007 through December 31, 2022.
LPL evaluated candidates by Rep Productivity; Assets Under Management (AUM) Growth; New Net Assets; Advisory Growth; Headcount Growth; Total AUM Growth; Total GDC. The top 40 in each category were given points, and the scores for each category were combined to give the investment programs a cumulative score. The data is reviewed, and the strongest candidates are considered and confirmed by LPL Financial.

 

Recent Articles

Dec 21

Northwest Financial Advisors Hires Northwest Direct Team to Elevate Service to Growing Clientele

Northwest Financial Advisors, LPL Financial’s No. 3 credit union investment services program nationwide,1 today announced the firm hired Anthony Reese and Pristine Aylor as financial consultants assigned to Northwest Direct, a newly established service model that elevates and expands service to the firm’s growing clientele. Reese and Aylor will work in partnership with the firm’s wealth and branch advisors.

Aug 11

LPL Financial Awards Nikki Young Achieve Rising Star Scholarship

LPL recognizes next generation of top women advisors

HERNDON, Va. — Northwest Financial Advisors LLC (NWFA), LPL Financial’s (LPL) No. 1 credit union investment program,1 today announced that Financial Advisor Nikki Young has been selected as a recipient of LPL’s Achieve Rising Star Scholarship.2 Young is among only 7 scholarship winners selected out of 79 nominated candidates nationwide.

Jul 05

Thomas Ward Promoted to Associate Financial Advisor

HERNDON, Va.  Northwest Financial Advisors (NWFA), a nationally recognized wealth management firm in the credit union industry,1 today announced the promotion of Thomas Ward to associate financial advisor. As an associate financial advisor, Ward will be responsible for providing the firm’s clients with financial advice and planning solutions that address their long-term financial needs.