Newport Beach, CA — March, 2018 – Laila Pence of Pence Wealth Management in Newport Beach California was recently named by Forbes, a leading financial publication, in their Best-In-State Wealth Advisors in California (South). Pence was recognized as the No. 10 advisor in Southern California. Pence Wealth Management is supported by LPL Financial, the nation’s largest independent broker-dealer. The Forbes Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes or SHOOK receive a fee in exchange for rankings. “We are honored that Laila received this recognition and could not have accomplished this without the trust and loyalty of our clients,” said E. Dryden Pence III, Chief Investment Officer of Pence Wealth Management. The full Forbes Best-In-State Wealth advisors list can be found at Forbes.com. About LPL Financial LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), is a leader in the retail financial advice market and served approximately $500 billion in brokerage and advisory assets as of July 31, 2016. LPL is one of the fastest growing RIA custodians and is the nation’s largest independent broker-dealer (based on total revenues, Financial Planning magazine June 1996-2016). The Company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and Independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life’s aspirations into financial realities. Advisors associated with LPL also serviced an estimated 45,000 retirement plans with an estimated $124 billion in retirement plan assets, as of June 30, 2016. LPL also supports approximately 4,200 financial advisors licensed and affiliated with insurance companies with customized clearing, advisory platforms, and technology solutions. LPL Financial and its affiliates have more than 3,200 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com. LPL Financial and Forbes Magazine are not affiliated entities. Laila Pence and E. Dryden Pence III are registered representatives with, and securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.