LPL Financial Advisors Ranked #1 in “Client Satisfaction with Advisors” in 2009 J.D. Power Study
Baltimore, MD, (October 21, 2009) - LPL Financial Advisors Ranked #1 in "Client Satisfaction with Advisors" in 2009 J.D. Power Study. Partnership Wealth Management's President Woody Derricks is a registered LPL Financial Advisor.
We are proud to announce that LPL Financial advisors obtained a #1 ranking in the key category of "Client Satisfaction with Advisors" in the 2009 J.D. Power Full Service Investor Satisfaction Study. LPL Financial ranked #2 in the overall ranking.
This important industry survey of investors clearly demonstrates the value LPL Financial advisors provide to their clients, as well as the value these investors place on the delivery of independent and objective advice. The #1 ranking for "Client Satisfaction with Advisors" at LPL
Financial was based on five categories, and, in each of these categories, LPL Financial ranked first:
• Proactive contact from advisor
• Percentage of clients who say advisor has set or refreshed their financial plan
• Advisor discussion on risks and goals
• Advisor communication on reasons investment performance has changed
• Advisor developed a strategic plan to move forward
According to the study, the most important factor in determining overall investor satisfaction is the financial advisor. This factor outweighs even investment performance in the findings. Significantly, 80% of LPL Financial investors state their advisor "focuses on my best interests first," compared with a 63% industry average. Based on these findings, it is no wonder that in 2009, LPL Financial is one of only two firms that experienced a higher level of client commitment year-over-year, giving us the highest percentage of highly committed clients in the industry.
About Partnership Wealth Management
Our full-service practice provides Customized Financial Plans, Investment Management, Retirement Planning, Tax Strategies, Domestic Partner Planning, Insurance, Estate Planning, Education Strategies and Trust Service.
We are specialists in helping members of the GLBT community prepare for their future and protect themselves from the financial pitfalls many unmarried couples face. The financial plan provides a guide for Gay and Lesbian couples pursue their wealth management objectives. Our knowledge of the special needs that our clients possess helps us create an estate plan that takes their relationship into consideration, develop a proper asset allocation for their investments, assess their insurance needs, and evaluate their retirement strategies.
We also specialize in helping our clients make the best decisions with their pension plans. While most have estimated their pension income, few truly understand the benefits and consequences of the options available to them.
Partnership Wealth Management is an eco-friendly business. We are members of Buy Local Baltimore, Businesses for the Bay, and the only Maryland financial services company to be a member of the EPA's Green Power Partnership. Our electricity is entirely derived from wind power, we recycle, and use recycled/eco-friendly products when available.
Partnership Wealth Management, LLC is a local and independent full-service financial services company whose practice provides customized financial plans, investment management, retirement planning, tax strategies, domestic partner planning, insurance, estate planning, & education strategies.
Securities & Financial Planning offered through LPL Financial, Member FINRA/SIPC