LPL Financial Welcomes Financial Advisor Demetrios Paraskevopoulos

By: LPL Financial Holdings, Inc. via GlobeNewswire

December 04, 2023 at 09:00 AM EST

SAN DIEGO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Demetrios Paraskevopoulos CFP®, MSFP, MPAS™, ChFC®, APMA™ has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported having served approximately $230 million in advisory, brokerage and retirement plan assets*, and joins LPL from Ameriprise.

Based in Mineola, N.Y., Paraskevopoulos joined the financial services industry in 1995 right out of college. The son of Greek immigrants, he knew from an early age that he wanted to go into finance so he could help people work toward their American dream.

“My goal with clients is simply to take care of them wherever they may be on their financial journey,” Paraskevopoulos said. “For me, it’s all about the client experience and making their finances less complicated. I find out what matters most to each client and then work side-by-side with them to create a personalized, easy to understand financial plan that puts them on the best path toward financial success.”

In recent years, Paraskevopoulos has seen waves of colleagues take a more independent, entrepreneurial approach to their business. After thorough due diligence, he decided LPL opened the door for more opportunities to operate on his own terms and elevate experiences for clients.

“LPL’s mission of taking care of advisors so they can take care of clients really spoke to me,” Paraskevopoulos said. “LPL really puts the advisor in the driver’s seat to make decisions that are best for themselves and clients. I appreciate the choice and flexibility I now have, as well as access to a deep product lineup and innovative digital capabilities. This is what I need to take my practice to the next level.”

Scott Posner, LPL Executive Vice President, Business Development, stated, “On behalf of LPL, I extend a warm welcome to Demetri and congratulate him on the next chapter of his business. We believe independence means advisors have the choice and freedom to run their practice and serve their clients in the ways that build meaningful, long-term relationships and business value. At LPL, we help advisors create their ideal practice by delivering strategic resources, customized business solutions and integrated capabilities designed to help them thrive.”

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Advisors, find an LPL business development representative near you.

About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that LPL should work for advisors and enterprises, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 22,000 financial advisors, including advisors at approximately 1,100 enterprises and at approximately 560 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional. At LPL, independence means that advisors and enterprise leaders have the freedom they deserve to choose the business model, services and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and enterprises, so they can take care of their clients.

Securities and Advisory services offered through LPL Financial LLC ("LPL Financial"), a registered investment advisor. Member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. The advisor in this press release and LPL Financial are separate entities.

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 year-end 2022.

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