Ranked # 33 in California by Barron’s Magazine in their 2018 Top 1200 Financial Advisors
Newport Beach, CA — March, 2018 – Laila Pence of Pence Wealth Management in Newport Beach, CA, was named among the “Top 1200 Financial Advisors” by Barron’s, a leading financial magazine. Laila was ranked #33 in California. She is affiliated with LPL Financial®, a leading retail investment advisory firm and the nation’s largest independent broker/dealer as reported in Financial Planning Magazine, June 1996-2017, based on total revenue. **
The Barron’s list, organized by state, is based on quantitative and qualitative data provided by more than 4,000 of the nation’s most accomplished advisors. Barron’s analysis uses a complex formula that contains 22 points of ranking, all with various weightings. The calculation considers factors such as assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities.
Pence Wealth Management strives for excellence; the firm has been recognized for its experienced staff, objective financial strategies and unparalleled client service. Pence Wealth Management endeavors to make a difference in their clients’ lives by providing greater comfort regarding their income and confidence regarding their wealth. Pence Wealth Management offers comprehensive financial and advisory services and is the pioneer of Choke-Point Investing™.
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.
For more information please contact Milo Reyes, at 949.660.8777 – ext. 129 or ramilo.reyes@lpl.com
**LPL Financial and Barron’s 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.
