Underscores Rising Recognition Across Wealth Management Industry of LaSalle St.’s Versatile Support Structure and Advisor-First Solutions
CHICAGO – April 22, 2024 – LaSalle St., a family of independent wealth management firms encompassing independent broker-dealer and registered investment adviser (RIA) platforms, today announced the successful recruitment of NW Securities Advisors., a Portland, Oregon based firm lead by Stephen Brown, who oversees over $80M in client assets that specializes in full service private wealth management for high net worth families. The addition of NW Securities Advisors underscores LaSalle St.’s accelerating success in bringing aboard experienced and growing independent wealth management firms and advisors across the country.
Mark Contey, SVP and Chief Marketing Officer for LaSalle St., said, “We are excited to welcome Stephen, his firm, and clients, to the LaSalle St. family. The exceptional client service skills and integrity of the team make NW Securities Advisors a strong fit with our firm’s culture and vision. It is our pleasure to support the team as they guide clients through volatile markets and uncertain economic conditions, to achieve their financial goals. Our continued emphasis on providing a conflict free affiliation for independent financial advisors and their clients is increasingly making LaSalle St. the destination of choice for growth-oriented wealth management financial advisors across the country.”
Stephen Brown said “My former firm was recently sold to one of the large industry players and I didn’t think that path was the best for me and my clients. During my due diligence of other firms, I found that LaSalle St. stood out from the rest as they truly opened themselves up to understood the needs of my practice and my future goals. Finding a firm where I can call and talk to any of the staff, including decision makers, was an important part of my decision. I have found that with LaSalle St.”
LaSalle St. announced recently that they have signed a strategic agreement with Advyzon as an addition to their technology offering to their advisors. The platform provides advisors with single sign on capabilities to access multiple services, including portfolio management, account aggregation, performance reporting, CRM, a growth suite, client portal, and secure document management. The Advyzon platform also provides complete integration of these capabilities, as well as to LaSalle’s clearing and custody services. Additionally, in 2023, the firm announced that they had offered a significant percentage of its equity to a group of its affiliated reps and advisors. The new program is considered unique in the independent marketplace and set the firm on its future long term focused path.
About LaSalle St.
LaSalle St. is a family of firms comprising LaSalle St. Securities, an independent broker-dealer; LaSalle St. Investment Advisors, a SEC-registered investment adviser; and LaSalle St. Insurance Services, a provider of annuity and insurance products. It has a singular mission of supporting the growth and success of independent financial advisors across the country. Founded in 1974 and based in Chicago, Illinois, LaSalle St. supports more than 325 financial advisors, has approximately $14 billion in total client assets and is registered in all 50 states. The LaSalle St. companies offer a wide range of services, including brokerage, advisory, investment and insurance. The firm clears primarily through National Financial Services, with custodial services through NFS parent Fidelity Investments. For more information, visit https://www.lasallest.com/