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January 05, 2022 at 02:53 PM
LPL said Wednesday that Elite Financial Network, a group of 30 independent advisors with about $1 billion in assets, has joined its broker-dealer, corporate RIA and custodial platforms from Advisor Group’s BD Securities America.
Founded by President and CEO Dan Cairo in 1992 in Huntington Beach, California, the Elite Financial team has its “eyes set on significant growth and expansion over the next few years, and we are confident that this new partnership [with LPL] will give us a competitive advantage to help attract like-minded advisors.”
Other firm leaders include Craig Wong, managing partner, and Cairo’s wife, Cindy Cairo, co-owner and chief financial officer.
