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We have launched our new, independent wealth management firm, Pacific Legacy Wealth Partners, in relationship with LPL Financial. LPL is the nation’s largest independent broker/dealer* overall, and third largest custodian of assets**, supporting over 21,000 independent advisors. As our client, you have your own considerations and priorities, so we will continue tailoring plans to your specific needs—that has not changed.
Your financial wellbeing is our top priority, so we want our practice to reflect the ongoing changes and opportunities within the industry. Our relationship with LPL gives us the independence and flexibility to bring new ideas to the table and do what’s appropriate for you. As our broker/dealer, LPL provides robust technology, resources, and investment choices that allow us to provide an even greater level of service that’s tailored just for you.
It was necessary to delay the announcement of our relationship with LPL Financial until our advisors were formally registered with them, to avoid potential conflicts of interest. If you have any questions prior to us contacting you, please call us at 253-528-5285.
We decided to launch our new independent wealth management firm by aligning with LPL Financial – a Fortune 500 company and one of the largest financial service firms in the country, safeguarding over $1 trillion in client assets. This arrangement will allow us to utilize the strength and leverage of a major firm, while allowing us to build our own culture, team, and resources to appropriately partner with you.
LPL’s comprehensive support, technology, and research, along with their model of transparency and dedication to independence and choice, allows us to provide you with a wide range of diligently evaluated, non-proprietary products. In fact, you will now have access to many investment selections that previously were not available to you by virtue of LPL’s scale. As a well-regarded team in the retail financial advice market, we are confident that we are being fully supported by a firm who can match our high standards.
You can expect a smooth and transparent process as we make this transition together. None of your current investments will need to be sold in the process of a transfer. We will contact you directly to discuss your account transfer, and how this change will positively impact your experience with us.
As a Financial Industry Regulatory Authority (FINRA) member firm, subject to the federal securities laws and the rules of industry self-regulatory organizations, LPL Financial prioritizes its obligations to protect client assets in their custody with the utmost care and scrupulous adherence to financial protection rules, including those governing the segregation of client assets.
LPL provides an enormous catalog of services and resources, as well as a long history of financial stability. The LPL Financial SIPC Membership provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash. An explanatory brochure is available at www.sipc.org. Additionally, through London Insurers, LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $750,000,000 subject to conditions and limitations. The account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments.
Yes, however we will not be able to manage the accounts since we are no longer affiliated with Merrill Lynch. If you choose to keep your accounts, you will be reassigned to a different advisor.
To protect your personal information from unauthorized access and use, LPL Financial uses security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. LPL’s online environment uses security technologies, including layered security and access controls over personal information. For further information, please visit LPL’s Privacy/Security page at: www.lpl.com/disclosures/privacy-security.html
No. In fact, because we are now an independent wealth management firm, we are no longer limited in our access to research, planning, and portfolio construction capabilities. This freedom of choice empowers us to do more for you.
You can visit our new website at: www.pacificlegacywealthpartners.com. As soon as your account has been moved to LPL Financial, we will contact you to let you know how to enroll in Account View, which is our new client portal.
Our new office is located at: 33530 1st Way South, Suite 102Federal Way, WA 98003
You can reach us at 253-528-5285.
Our name combines two things we care deeply about: the Pacific Northwest and the legacy we leave behind. In addition to helping clients with legacy planning, we consider this practice our legacy. Our founder’s father was a CPA, and the current team includes her son and son-in-law, so legacy is a big part of our ethos.
*As reported by Financial Planning magazine, June 1996-2022, based on total revenue. **Cerulli Associate, 2019 U.S. RIA Marketplace Report
©2023, Pacific Legacy Wealth Partners. All Rights Reserved.
As a close-knit, multi-generational team with strong values and a broad range of skills, we welcome clients from all
walks of life.
33530 1st Way South Suite 102
Federal Way, WA 98003
253-528-5285 OFFICE253-528-5284 FAX
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