LPL Financial Expands with Oxford Oaks Capital Partnership
LPL Financial LLC announced that experienced financial advisor Austin Greer has joined its employee advisor channel, specifically under its Linsco brand, to establish Oxford Oaks Capital of LPL Financial. With a substantial background in managing approximately $600 million in advisory, brokerage, and retirement plan assets, he brings extensive experience from UBS to LPL Financial.
Initially, Greer aimed to become a high school English teacher, inspired by his father’s career in financial services. His journey has now led him to focus on helping clients navigate their investments, especially in retirement income planning, tax, and estate planning, particularly for high-net-worth individuals, including business owners and doctors.
Greer is joined by Wealth Advisor John Dunahoo, who has been part of the team for over 11 years, and Senior LPL Registered Service Associate Stephanie DePriest, who joined in 2020. Together, they emphasize a client-first approach that fosters lasting relationships.
“We maintain a familial and holistic practice, ensuring that our communication is friendly and supportive,” Greer expressed. “Our process involves asking numerous questions to craft personalized financial plans and portfolios that alleviate our clients' stress. We often tell clients, ‘We love investments, so you don’t have to.’”
Reasons for Choosing Linsco by LPL Financial
Seeking greater autonomy and innovative technology, the team decided to partner with LPL, attracted by the Linsco model. This model allows advisors to maintain ownership of client relationships and operate their practices with greater flexibility. Advisors benefit from LPL’s comprehensive wealth management platform and the resources of an experienced branch management team, freeing them to concentrate more on their clients.
“The extensive resources and technology provided by LPL were pivotal in our decision to transition,” Greer noted. “We foresee increased office efficiencies and enhanced service capabilities. Moreover, LPL's supportive culture enables us to build a practice that aligns with our values while prioritizing exceptional client service.”
Support and Growth Opportunities at LPL Financial
Scott Posner, Executive Vice President of Business Development at LPL, welcomed the new team, stating, “With LPL’s backing, more advisors like Austin, John, and Stephanie are recognizing the importance of freedom and flexibility in their practices. We are eager to support Oxford Oaks Capital as they navigate this new journey.”
About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is recognized among the fastest growing wealth management firms in the U.S. Currently, LPL supports nearly 29,000 financial advisors and the wealth management practices of around 1,200 financial institutions, managing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of about 6 million Americans. The firm provides various advisor affiliation models, investment solutions, fintech tools, and practice management services, granting advisors the flexibility to select the resources they require to prosper.
For more information about LPL Financial, please visit their official website.
Frequently Asked Questions
What is the significance of Oxford Oaks Capital joining LPL Financial?
Oxford Oaks Capital's addition enhances LPL's offerings, signaling a commitment to providing personalized financial advisory services.
Who is Austin Greer, and what expertise does he bring?
Austin Greer is an experienced financial advisor focused on retirement income planning and tax strategies, having managed around $600 million in assets.
What benefits does the Linsco model provide to financial advisors?
The Linsco model offers advisors independence, control over client relationships, and access to advanced technology and resources to effectively manage their practice.
How does LPL Financial support its advisors?
LPL provides comprehensive resources, technology, and a supportive culture that empowers advisors to focus on exceptional client service and practice growth.
What factors motivated the team to transition to LPL Financial?
The team sought more autonomy and modern technology, finding that LPL's resources and culture aligned with their goals for growth and enhanced client service.
