Chicago, IL – September 6, 2018 – On the heels of more than a decade of steady growth and expansion, and with a continued drive toward innovation and serving the needs of our clients before others, Sheridan Road Financial, LLC has created an SEC-registered investment adviser (RIA), Sheridan Road Advisors, LLC.
“Our five-year plan was to take the ongoing necessary steps toward becoming more independent,” said Daniel Bryant, Sheridan Road’s CEO. “Our great relationship with Independent Financial Partners has served us well since we founded the firm, and we expect it to continue. However, in order to provide more value to our clients, and make more of an impact in the lives of our team members, ultimately we needed and wanted to have more control over our own destiny.”
The Sheridan Road team began the intense process of planning the new RIA and the transition in late 2017. “The process was a bit more simplified because much of the groundwork including reviewing custodians, software, investment research and other integral business services had already been completed during the previous five years. With the addition of our general counsel and compliance oversight, we’ve built additional depth into our leadership team,” Bryant added.
“Forming our own RIA gives us control over our internal operations which ultimately enables us to provide better service to our clients,” says Jim O’Shaughnessy, Managing Partner and Co-Founder. “We will now focus on providing the most comprehensive service offering we can to our clients.”
About Sheridan Road
Founded in 2005, Sheridan Road Financial, which works with institutions, private individuals and families throughout the United States, is independently owned and does not create or distribute any proprietary products. Sheridan Road has nearly $13 billion in assets under advisement as of 12/31/17 and serves more than 300,000 individuals through its retirement plan and wealth management practices.
Sheridan Road exists to help Americans choose their day! We do this by striving to be the premier institutional investment consulting and private wealth firm that consciously leads others on a sound financial path. The company strives to make a positive impact on the lives of its team members, clients and the communities that it serves.
About LPL Financial
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Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Sheridan Road Advisors, LLC, an SEC-registered investment adviser. Sheridan Road Advisors, LLC and Sheridan Road Financial, LLC are separate entities from LPL Financial.