INSIGHTSNEWS, ARTICLES AND FINANCIAL UPDATES
Angela Vlach Named CEO of Financial Advocates, Making Her The First Female Leader of a Large Enterprise at LPL Financial
Gary Campbell to assume the role of Chief Strategy Officer
OLYMPIA, WA., November 13, 2019 – Financial Advocates today announced that Angela Vlach has been appointed Chief Executive Officer and LPL Branch Office Manager effective November 2019. Vlach has served as the firm’s President and Chief Operations Officer since 2009. This appointment makes Vlach the first female to lead a large enterprise at LPL Financial. Gary Campbell, founder of Financial Advocates, will assume a new role as Chief Strategy Officer for the organization.
“Announcing this change today merely formalizes a passing of the torch that has been in process over the past several years,” said Campbell. “As we’ve worked to provide the best service and guidance to independent advisors, Angie and I are streamlining our focus so that we can leverage our expertise in different areas. Angie’s drive and energy have helped us become an agile and resilient company, well placed for continued success.”
Vlach will continue to lead all Financial Advocates’ teams including: Business Development, Compliance, Branch Development, Marketing, Technology, and Operations, including Custom Services. In addition, Vlach will now oversee the firm’s partnership with LPL Financial, the nation’s largest independent broker-dealer**.
“We congratulate Angie on her new role and applaud her efforts to blaze the path for other women leaders in our industry,” said Andy Kalbaugh, LPL Financial Managing Director Divisional President, National Sales and Consulting. “LPL is a proud partner to Financial Advocates. We thank them for all they do to support LPL advisors and we wish them continued success.”
“Gary and I continue to work together as we always have to bring enhanced services and new opportunities to independent advisors,” said Vlach. “This change was important to bring increased clarity to those we serve during a time of growth for the firm and changes in the industry. It will be a huge privilege to lead Financial Advocates.”
Campbell’s focus remains to steer the strategic direction of the firm to satisfy the future needs of independent advisors in this fast-changing, dynamic industry, including providing expanded guidance for contingency and succession planning.
About Financial Advocates
Financial Advocates, LLC (FA) and their RIA, Financial Advocates Investment Management (FAIM), provide servant leadership in the financial advice market and serves as a financial advisor’s primary ally through the transition, growth, and ongoing management of an independent practice. FA’s experienced and diverse staff delivers intensive support to advisors as they transition to an Independent Broker-Dealer, a Hybrid RIA, or pure RIA model to achieve greater independence. Advisors then enjoy concierge-level service in business development, regulatory compliance oversight, operations, IT, marketing and investment management. Financial Advocates and Financial Advocates Investment Management provide services to more than 200 independent financial advisors, several banks and credit unions, and more than 100 support staff.
Financial Advocates, Financial Advocates Investment Management, and its affiliates have 28 home office employees with office locations in Olympia, WA and Tacoma, WA. For more information, please visit www.financialadvocates.com.
Securities offered through LPL Financial, Member FINRA/SIPC. Financial Planning and Investment advice offered through Financial Advocates Investment Management, a registered investment advisor. Financial Advocates Investment Management, Financial Advocates and LPL are separate entities.
About LPL Financial
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer**. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions.
Securities and Advisory services offered through LPL Financial, a registered investment advisor. Member FINRA / SIPC.
**Based on total revenues, Financial Planning magazine June 1996-2019