LPL Financial Welcomes The Narmi Group Investment Management to Linsco Channel
Rhea-AI Summary
LPL Financial (NASDAQ:LPLA) has announced that financial advisors Charlie Narmi and Theresa Rynaski have joined their employee advisor channel, Linsco by LPL Financial, to launch The Narmi Group Investment Management. The team, previously with Robert W. Baird & Co., brings approximately $870 million in advisory, brokerage and retirement plan assets to LPL.
Based in Omaha, Nebraska, the team serves young professionals, non-profit organizations, and retirement-focused clients. The transition was driven by their desire for greater autonomy, flexibility, and enhanced technology. Through Linsco, they gain access to LPL's integrated wealth management platform while maintaining independence in client relationships and practice management.
LPL Financial currently supports over 29,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets for approximately 7 million Americans.
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News Market Reaction – LPLA
On the day this news was published, LPLA declined 0.19%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SAN DIEGO, July 10, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Charlie Narmi and Theresa Rynaski, CFP®, have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch The Narmi Group Investment Management. They reported serving approximately
Based in Omaha, Neb., Narmi, a second-generation financial advisor, and Rynaski have worked together for two decades and have built a reputation as a team that goes above and beyond for their clients — which includes a mix of young professionals, non-profit organizations and those nearing or in retirement.
“We pride ourselves on being a one-stop-shop for our clients,” Rynaski said. “It’s not unusual for us to go the Social Security office with them or help them research nursing homes. We are honored that our clients trust us with so many important life decisions, as well as with their financial futures, and it’s a privilege to walk alongside them every step of the way.”
Why The Narmi Group Investment Management made the move to Linsco by LPL
The transition to LPL Financial for the next chapter of their business was motivated by the team’s aspiration for autonomy, flexibility and enhanced technology. They were drawn to the Linsco model, which serves financial advisors seeking the core tenets of independence, including owning their client relationships and having flexibility to run their practice, their way. With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of having support from an experienced branch management team, dedicated marketing consultant and other resources that allow advisors to focus on their clients.
“Partnering with LPL will allow us to have the backing of a large firm, but with the independence to serve our clients our way,” Rynaski said. “LPL provides the ideal platform, size and scale, and their commitment to invest heavily in integrated and streamlined technology will allow us to best support our clients, grow our business and build more long-lasting relationships.”
Scott Posner, LPL Managing Director, Business Development, said, “We welcome Charlie and Theresa to the Linsco community, and congratulate them on the launch of The Narmi Group Investment Management. At LPL, we are committed to offering differentiated experiences for advisors and their clients. We do that by offering unparalleled flexibility, strategic resources and innovative technology designed to help advisors deliver an elevated client experience while operating thriving practices. We look forward to supporting The Narmi Group Investment Management for years to come.”
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About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.
Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2024.
Media Contact:
Media.relations@LPLFinancial.com
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