JOHN B. PETRICK RECOGNIZED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS
Los Angeles, CA — January 31, 2023 – John B. Petrick, senior managing director at Perennial Financial Services and an independent LPL Financial advisor in Los Angeles, CA, today announced his inclusion in LPL’s Director’s Club. With more than 21,000 LPL-affiliated advisors nationwide, LPL awards this distinction to select advisors based upon their business success*.
“On behalf of LPL, I’m thrilled to congratulate John,” said Angela Xavier, LPL executive vice president, Independent Advisor Services. “It is an honor to support John with the technological infrastructure, integrated products and differentiated services that help advisors run a thriving practice. We wish John and his entire team even greater success as they continue to help their clients work towards their financial goals in the years ahead.”
Petrick serves clients in California and in multiple states throughout the country and provides a full range of financial services, including retirement and financial planning, individual money management, wealth transfer and multi-generational planning, investment allocation strategies, annuities and more.
“It’s an honor to be named to such a prestigious and exclusive list of advisors at LPL Financial,” said Petrick. “The past 18+ years with LPL have epitomized the definition of partnership between myself, our firm Perennial Financial and LPL. I'm excited to continue the partnership with LPL and see what the future holds!”
Petrick is affiliated with LPL Financial, a leading wealth management firm. LPL provides the resources, tools and technology that support advisors in their work to enrich their clients’ financial lives.
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About LPL Financial:
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve**, supporting more than 21,000 financial advisors, including advisors at approximately 1,100 institution-based investment programs and at approximately 500 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
*Achievement is based on top 15% of annual production among LPL Advisors only.
**Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report). No. 1 Independent Broker-Dealer in the U.S. (Based on total revenues, Financial Planning magazine 1996-2022). Among third-party providers of brokerage services to banks and credit unions, No. 1 in AUM Growth from Financial Institutions; No. 1 in Market Share of AUM from Financial Institutions; No. 1 in Market Share of Revenue from Financial Institutions; No. 1 on Financial Institution Market Share; No. 1 on Share of Advisors. (2021-2022 Kehrer Bielan Research & Consulting Annual TPM Report). Fortune 500 as of June 2021.
LPL and its affiliated companies provide financial services only from the United States.
Throughout this communication, the terms “financial advisors” and “advisors” include registered representatives and/or investment adviser representatives affiliated with LPL Financial LLC, an SEC registered broker-dealer and investment adviser.
John B. Petrick is a registered representative with and securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through Perennial Investment Advisors, a registered investment advisor. Perennial Investment Advisors and Perennial Financial Services are separate entities from LPL Financial.