Karen Benedict Named to the LPL Financial Ambassador Council
HERNDON, Va. — LPL Financial (LPL) selected Senior Vice President and Program Manager Karen Benedict as a new member of the LPL Ambassador Council. Benedict is one of 60 members selected from more than 21,000 LPL advisors and institution leaders nationwide into one of three councils designated according to the members’ affiliation with LPL.
The LPL Ambassador Council vision is to deepen relationships with a diverse cross-section of highly dedicated financial professionals. In bringing together these respected individuals, LPL creates a well-informed, extended advocate community. The LPL Ambassador Council program provides a formal opportunity for advisors and institution leaders to stay closely connected to LPL’s strategic roadmap and key executives, and to share their experience, feedback and support with peers by affiliation type.
“I’m honored to have been selected as a member of LPL’s Ambassador Council. I’m excited to collaborate with LPL and my peers to enrich our partnership with the ultimate goal of maximizing the value we offer our clients,” said Benedict.
Council members serve a multi-year term and attend a series of in-person meetings during their tenure. They also contribute through year-round, ad-hoc participation supporting LPL communications, events and initiatives and by connecting with their LPL colleagues on an ongoing basis to ensure their perspectives are brought forward.
About Northwest Financial Advisors
Serving individuals and businesses across the nation for more than a quarter century, Northwest Financial Advisors (NWFA) is owned by NW Capital Management, a wholly owned subsidiary of Northwest Federal Credit Union (NWFCU). The firm offers a comprehensive range of personalized, objective wealth management advice and solutions to help individuals and families work toward creating, growing and preserving their assets. LPL Financial, the nation’s leading independent broker-dealer and NWFA’s securities custodian, ranked NWFA the No. 1 investment program among its credit union programs and the No. 8 investment program among its bank and credit union programs combined in 2022.1 For more information, visit www.nwfllc.com or find us on Facebook, Twitter, LinkedIn and YouTube.
About LPL Financial
LPL Financial Holdings Inc. (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 it serves,2 comprised of more than 21,000 financial advisors, including advisors at approximately 1,100 enterprises and at approximately 500 registered investment advisor (RIA) firms nationwide. LPL is steadfast in its commitment to the advisor-mediated advice model and the belief that investors deserve access to personalized guidance from a financial advisor. LPL believes that advisors should have the freedom to choose the business model, services and technology they need and to manage their client relationships. Simply put, LPL takes care of its advisors, so they can take care of their clients.
1Rankings based on overall production among all LPL Financial FIS advisors, 2007 through December 31, 2022
2Based on total revenues, Financial Planning magazine, June 1996-2022
LPL Financial evaluated investment programs located at banks and credit unions by: Rep Productivity; Asset Under Management (AUM) Growth; New Net Assets; Advisory Growth; Headcount Growth; Total AUM Growth; Total GDC. The top 40 in each category were given points, and the scores for each category were combined to produce the investment programs cumulative score. The data is reviewed, and the strongest candidates are considered and confirmed by LPL Financial.