LPL Financial Welcomes Advisory Firm Retirement Plan Analytics

SAN DIEGO, July 07, 2015 (GLOBE NEWSWIRE) -- LPL Financial LLC, the nation’s largest independent broker-dealer*, an RIA custodian, and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today announced that Retirement Plan Analytics (RPA) has chosen LPL for support in providing clients with fee-based investment advisory services. RPA is a newly formed retirement plan advisory and consulting firm founded by Todd Timmerman. Timmerman has entered into an agreement with Ronald Blue & Co. to undertake to transition its clients’ retirement plans to LPL’s consulting platform. Ronald Blue & Co. advisors will continue to act as the relationship managers for those clients and the plans will gain access to the resources and tools available from LPL. Ronald Blue & Co. reported that, as of Feb. 28, 2015, its financial advisors serviced in excess of $1 billion of client retirement plan assets**.

Based in Charlotte, N.C., RPA was founded by Todd Timmerman, who has more than 27 years of experience assisting with the retirement plans of major companies. He is joined by a relationship manager and plans to bring on two additional analysts.

“This next stage of my career will be dedicated to helping organizations and their employees with the processes and solutions for working toward better outcomes,” said Timmerman. “I chose LPL because they stand out in the industry for the resources and industry leadership they bring to the retirement planning business. Our clients will benefit from the wealth of resources now available to us.”

“We welcome Retirement Plan Analytics to LPL,” said David Reich, executive vice president and head of Retirement Partners, LPL. “At a time when the importance of retirement planning is gaining greater attention across the United States, and there is also increased complexity and regulation, we are able to support Todd and RPA as they help their clients work to achieve better outcomes for plan participants.”

RPA is solely focused on retirement plan consulting, providing fee-based services to a wide range of organizations across the United States. RPA works with retirement planning committees to help mitigate their risks and improve decision-making in the fulfillment of their fiduciary duties. The firm also assists human resources and finance departments in the implementation of their organizations’ retirement plans and helps employees and other plan participants engage in the retirement planning process in an effort to optimize their retirement outcomes.

RPA serves nonprofits, such as ministries and faith-based organizations; professional groups, including organizations for doctors, lawyers and dentists; and businesses in a diverse array of industries.

*Based on total revenues, Financial Planning magazine, June 1996-2015

**Asset numbers were reported by Retirement Plan Analytics based on prior business of its affiliated financial advisors and their prior firm, and have not been independently and fully verified by LPL Financial.

About Retirement Plan Analytics
Based in Charlotte, N.C., Retirement Plan Analytics assists retirement plan advisors and plan sponsors in evaluating and managing competitive and comprehensive retirement plans. They employ an end-to-end process, helping to provide confidence that an employer’s plan is serving the needs of employees and the company. RPA advisors are supported by the Retirement Partners platform of LPL Financial, which is focused on supporting retirement plan-focused advisors.

About LPL Financial
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the financial advice market and serves $485 billion in retail assets. 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 more than 700 banks and credit unions. LPL Financial is the nation's largest independent broker-dealer since 1996 (based on total revenues, Financial Planning magazine, June 1996-2015), is one of the fastest growing RIA custodians with $105 billion in retail assets served, and acts as an independent consultant to over an estimated 40,000 retirement plans with an estimated $120 billion in retirement plan assets served, as of March 31, 2015. In addition, LPL Financial supports approximately 4,300 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have 3,352 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit

Securities and advisory services offered through LPL Financial. A registered investment advisor, member FINRA/SIPC.


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Source:LPL Financial