Strategic Partner: LPL Financial
Sherrill Wealth Management operates independently of our broker dealer and custodian. This is important because it means we do not hold assets on behalf of clients.
Since 2012, LPL Financial has been the custodian for our client assets. Being our custodian means LPL Financial independently prepares all of our clients monthly account statements and tax reporting documents.
We selected LPL Financial as our custodian because they have a long history of supporting independent advisors and allow us to do business in a way that puts our clients’ interests first. This partnership gives us access to all of the home-office and regional management support that LPL Financial offers.
LPL Financial also provides state of the art technology and cybersecurity. Beyond that, we value the ongoing insight and consultations available to us regarding investment strategy, economic outlooks, and the complex world of compliance and regulation.
Founded in 1968 and a public company since 2010, LPL Financial is the nation's leading independent broker-dealer*. LPL ws founded with a pioneering vision: to help entrepreneurial financial advisors establish successful businesses through which they could offer truly independent financial guidance and investment advice. You can learn more about them here.
* As reported by Financial Planning magazine, June 1996-2018, based in total revenue.