LPL Acquires Team Narmi Group for a Magnificent $870 Million

In a significant move, The Narmi Group Investment Management has partnered with LPL Financial, a leading independent broker-dealer. This partnership is set to enhance the practice of The Narmi Group Investment Management and foster long-lasting relationships with their clients.

Based in Omaha, Nebraska, The Narmi Group Investment Management has been serving young professionals, non-profits, and individuals nearing retirement for two decades. They manage approximately $870 million in advisory, brokerage, and retirement plan assets. The duo, Charlie Narmi and Theresa Rynaski, are renowned for their exceptional client service.

Before joining LPL Financial, Narmi and Rynaski were part of Baird. Now, they have launched The Narmi Group Investment Management within Linsco, LPL Financial's employee advisor channel.

LPL Financial is committed to offering differentiated experiences for advisors and their clients. The company aims to help advisors operate thriving practices and build long-lasting relationships. To achieve this, LPL Financial is investing heavily in integrated and streamlined technology to support clients and grow businesses.

Scott Posner, LPL Managing Director of Business Development, welcomed Charlie Narmi and Theresa Rynaski to Linsco. "We are excited to support The Narmi Group Investment Management for years to come," Posner said.

The partnership with LPL Financial is intended to allow The Narmi Group Investment Management to best support their clients, grow their business, and build more long-lasting relationships. With Linsco, they gain access to LPL's wealth management platform and business resources. They will also receive support from an experienced management team.

For The Narmi Group Investment Management, choosing LPL Financial was a strategic decision. The firm offers an ideal platform, size, and scale to best serve their clients while maintaining independence. With LPL Financial, they can focus on their clients, allowing them to focus on important life decisions and financial futures.

LPL Financial expresses excitement about this partnership, as it aligns with their commitment to offering unparalleled flexibility, strategic resources, and innovative technology to help advisors deliver an elevated client experience. The Narmi Group Investment Management's launch within Linsco was announced in a GlobeNewswire release at 6:00 AM.

This partnership marks another step in LPL Financial's mission to help advisors build thriving practices and foster long-lasting relationships with their clients. The Narmi Group Investment Management's focus on exceptional client service and LPL Financial's commitment to technology and resources make for a promising partnership.