Thimble Island Private Wealth Launches With Support From LPL Strategic Wealth Services

SAN DIEGO, May 07, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Logan Reed, CFP, CEPA, CIMA, CLU, AIF, James “Jim” English III, Michael Allegra Jr., CRPC, and Matthew Fleming, CFP, have launched a new independent practice, Thimble Island Private Wealth, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services. The team reported having served approximately $830 million in advisory, brokerage and retirement plan assets* while at Janney Montgomery Scott.

Based in New Haven, Conn., the quartet of experienced advisors share a commitment to providing personalized, concierge-level service to their clients. The 2024 Forbes Best-In-State Wealth Management Team takes a collective approach to help ensure that each client receives hands-on attention for their unique financial needs.

“We are relentless in our focus to help clients work toward their financial aspirations,” said English. “We believe success is measured not only in market returns, but by being with clients throughout each important milestone. We’ve been helping people plan for their future and manage their finances for so many years that we’re now serving fourth and fifth generations at our boutique practice.”

The team’s passion for service and desire to elevate their client-centric practice led them to LPL for the next chapter of their journey.

“We are thrilled to join LPL Financial and gain access to the firm’s best-in-class resources for today and in the future,” said Reed, a Forbes 2023 and 2024 Best-in-State Wealth Advisor. “LPL’s open architecture platform, robust resources and dedication to independence are in perfect harmony with our values and goals. We believe this move will allow us to provide an even more comprehensive and personalized financial planning experience for our clients.”

The team chose to affiliate via LPL’s comprehensive supported independence solution, LPL Strategic Wealth Services (SW), which combines the freedom and flexibility of entrepreneurship with hands-on business services and support to help practices thrive, both operationally and strategically. In addition to having access to LPL’s innovative wealth management platform and sophisticated resources, SW advisors benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice. Then, after the transition is complete, SW teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact, a dedicated team and priority access to advocacy and project management for complex business issues, ultimately allowing them to stay focused on the enduring needs of their clients and the culture and evolution of their practice.