Prudential Advisors, the retail arm of Prudential Financial, expanded its national geographic footprint and added new advisors with nearly $3 billion in client assets this year through Oct. 31, representing an almost 9% increase in advisor headcount. It now has over 3,000 advisors.
“As our growth this year demonstrates, Prudential Advisors is thriving,” said Patrick Hynes, President of Prudential Advisors. “We’ve built a powerful ecosystem that helps advisors deliver exceptional value to their clients — through robust planning capabilities, industry-leading technology, and meaningful business development support, which together are setting a new standard in our industry.”
The joining advisors have an average of over 25 years of industry experience.
Prudential Advisors has a strategic relationship with LPL Financial, combining LPL’s technology and operational services with Prudential Advisors’ client acquisition programs, advisor support and brand.
“We’re proud of Prudential Advisors’ continued momentum,” said Caroline Feeney, Global Head of Retirement and Insurance at Prudential Financial. “By leveraging our global brand, deep planning expertise, and the capabilities of our partnership with LPL Financial, we’re well-positioned to help more people achieve financial security and protect their life’s work.”
James Miller, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at ContributingEd@wealthsolutionsreport.com.