End-Client Resources

For Your Clients.

As your clients have questions, here’s your hub with answers just for them.

With more than 30 years of experience in the industry, LPL has the exceptional ability to serve me as an advisor and ensure that your needs are taken care of.

LPL believes I should have the freedom to offer the financial advice that’s right for you and all my clients, without the pressure to sell proprietary products or services. And because LPL also believes that I should be able to spend more time advising you and helping you pursue your financial goals, the firm invests heavily to improve technology and provide extraordinary service. This means you’ll experience timely trades, 24/7 access to your accounts from any device, anywhere, and clear and easy-to-understand statements.

Nothing will change immediately, as your accounts will not convert until after the acquisition closes in May. Even then, LPL and I are working hard to minimize disruption to you. In some cases, I may need you to take action to ensure that all of your accounts move over accurately and compliantly. This may include signing one or more forms, or verifying important data tied to your account, like your investment time horizon.

Not often, but yes. You’ll begin to receive official communications regarding this change in March. These communications are required by regulators to inform you about the proposed conversion of your accounts from Waddell & Reed to LPL. As part of this communication process, you’ll receive negative consent letters in the mail or through email to provide proper disclosures about the change based on regulatory standards. It’s important for you to know that your accounts will move to LPL unless you specifically opt out.

Very little will change. You’ll continue to receive the same financial guidance and communications from me and my team. As always, we’ll continue to assess your financial future based on any expected or unexpected changes in your circumstances or goals, as well as what’s happening in the markets and economy. Your best interests remain our top priority.

Two small things will change for you. One, your account statements will look different, and we can go over those together if you want so you understand what you’re looking at. Two, you’ll have access to LPL’s Account View technology, which provides you with secure, 24-hour online access to your investments via computer, tablet, or smartphone.