Financial Advocates Welcomes Brian Hale & Gary Lamb

    OLYMPIA, WA, September 08, 2017 /24-7PressRelease/ -- Financial Advocates announces the successful transition of two advisors from Waddell and Reed, Brian Hale and Gary Lamb, to their partnership. Hale and Lamb attribute Financial Advocates' diverse platforms and advanced technology as the catalyst for making the switch.

"News travels fast in our community," stated Brian Hale. "We learned that some of the best advisors were joining Financial Advocates, which led us to want to learn more. Once we met, the decision was made. There is really no comparison."

"We knew we were long overdue for a change. We needed to advance our technology and increase our flexibility in order to continue to thrive," said Gary Lamb. "Financial Advocates is going to be able to support our practice in ways that would be very beneficial to our clients."

"The DOL Fiduciary Rule has advisors evaluating their affiliations. Partnership is an important factor in this equation," commented Angela Vlach, President and COO of Financial Advocates. "Our focus is to help advisors remove the obstacles to their success, regardless of what they are, not to add to them."

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.

# # #