Firm Named the #4 Advisor Team in the Country for Institutional Consulting
Chicago, IL – May 12, 2016 – Sheridan Road Financial in Chicago, Illinois. was recently named a Top Institutional Consultant by Barron’s, a leading financial magazine. The second annual list ranks firms that guide institutional investing for large organizations, such as pensions, endowments, foundations and defined-contribution plans, based on a range of criteria to determine the best in the nation. Sheridan Road Financial was ranked #4.
Barron’s evaluated a range of criteria to compile the list, including institutional investment assets overseen by each team, revenue generated by those assets, the number of clients served by the team, the number of team members and their regulatory records as well as advanced professional designations and accomplishments represented on the team.
Advisors at Sheridan Road Financial are on the LPL Financial broker/dealer platform. LPL is a leading retail investment advisory firm and independent broker/dealer.
“On behalf of LPL, I congratulate Sheridan Road Financial on this recognition,” said Dan Arnold, LPL Financial President. “Sheridan Road Financial does exceptional work serving their clients, specifically in managing retirement plans. We are proud to be able to support them in their efforts, which enable more Americans to be able to prepare for a successful retirement, and we wish them continued success.”
About Sheridan Road Financial
Headquartered in Chicago, Illinois, Sheridan Road Financial provides institutional investment consulting and private wealth management services to its clients. The Company has received a number of awards including being named the 2015 Retirement Plan Adviser Multi-office Team of the Year* by PLANSPONSOR Magazine as well as being named by Barron’s Magazine as the #4 ranked Institutional Wealth Management Team for 2016**. Sheridan Road has offices in Chicago, Denver, Indianapolis, Louisville, Milwaukee, Minneapolis, Nashville, Northbrook and Tampa. For more information, please visit www.sheridanroad.com.
About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served $460 billion in advisory and brokerage assets as of Feb. 29, 2016. LPL is one of the fastest growing RIA custodians and is the nation’s largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2015). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life’s aspirations into financial realities.
Advisors associated with LPL also service an estimated 40,000 retirement plans with an estimated $118 billion in retirement plan assets, as of December 31, 2015. LPL also supports more than 4,000 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,400 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.
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