Independent - Not Alone
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At Legacy Point Financial, we’re proud to be an independent wealth management firm. That means we aren’t tied to a parent company’s products, sales goals, or corporate agenda. Instead, we have the freedom to make decisions based entirely on what’s best for our clients.
But independence doesn’t mean we operate alone.
We’re supported by LPL Financial — the largest independent broker-dealer in the country.* LPL provides us with the operational backbone, regulatory oversight, technology, and research of a large national firm, so we can stay focused on what matters most: serving you.
So What Does LPL Financial Actually Do?
Think of LPL as our behind-the-scenes partner. While Legacy Point Financial is your dedicated advisory team — the one who gets to know you, builds your plan, and walks alongside you — LPL provides the platform and resources that make it all possible.
Here’s how it works:
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You’re our client — not LPL’s. We’re the ones who guide your strategy, build your plan, and answer your questions.
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LPL acts as our broker-dealer and custodian. They help ensure your accounts are held securely, that we follow strict compliance and regulatory standards, and that we have access to robust tools and research.
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We run our practice — they support it. We choose the strategies, products, and planning tools that best fit your goals. LPL simply gives us the flexibility and resources to do it well.
The Best of Both Worlds
As a smaller firm, we offer the personal attention and long-term relationships you’d expect from a boutique advisory team. But thanks to our relationship with LPL, we also offer the infrastructure, strength, and stability of a much larger organization.
That means:
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You get independent advice with no hidden agendas
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Your assets are held by a large, trusted institution
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We’re free to choose the best solutions for you — not what a parent company tells us to sell
We believe this model gives you the best of both worlds — personalized guidance with institutional strength behind it.
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*As reported by Financial Planning magazine, 1996–2024, based on total revenues.​
Frequently Asked Questions
Is LPL managing my investments?
No — your investment strategy and financial plan are managed entirely by Legacy Point Financial. We make the recommendations, guide your strategy, and work directly with you. LPL provides the platform and infrastructure that supports our work.
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Do I have an account with LPL or Legacy Point Financial?
You’ll see your accounts held with LPL Financial, because they serve as our broker-dealer and custodian. But you are a client of Legacy Point Financial, and we’re the team you’ll be working with day to day.
Is my money safe with LPL?
Yes. LPL Financial is a highly regulated institution and one of the largest independent broker-dealers in the U.S. They provide custody and oversight for client accounts, and adhere to strict regulatory and compliance standards. LPL Financial is Member of SIPC.
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Why does it matter that you’re independent?
Being independent means we’re not tied to a parent company’s products or quotas. We’re free to offer advice that’s truly in your best interest, not influenced by commissions or corporate pressure. That independence is central to how we serve our clients.