Newport Beach, California-based Mai Park joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Mai Park Capital, in alignment with Pence Wealth Management. Park reported serving about $330 million in advisory, brokerage and retirement plan assets as of Dec. 31.
With over two decades of experience in financial services, Park specializes in estate planning, investment management, retirement and tax planning, and holistic wealth management. Park began her career as a high school science teacher.
According to a press release, Park was drawn to the Linsco model because it lets advisors maintain control of client relationships and how they run their business.
“LPL has the size, scale and reputation that will allow me to serve my clients with a boutique-level of service while offering the freedom and flexibility to build my practice on my terms,” Park said.
“At LPL, we recognize what it takes to launch and operate a thriving business and are committed to investing in streamlined and integrated business solutions designed to help advisors spend more time with their clients and differentiate their practices,” said Scott Posner, LPL Managing Director, Business Development. “We look forward to supporting Mai Park Capital for years to come.”
LPL supports over 29,000 financial advisors and the wealth management divisions of approximately 1,200 financial institutions, servicing and custodying about $1.8 trillion in advisory and brokerage assets.
Michael Madden, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at michael.madden@wealthsolutionsreport.com.
