LPL Financial announces CFO Essentials offering

The company said, “Once reserved primarily only for large, more complex enterprises, LPL Financial is making hiring a Chief Financial Officer more realistic for advisory firms of all sizes and stages of growth. CFO Essentials is the newest offering from LPL Business Solutions, which provides more than 3,500 advisors with access to a suite of outsourced services, strategic partners, and industry-leading resources to run a thriving business. The new CFO Essentials offering provides chief financial officer expertise to emerging firms and growth-minded advisors seeking executive-level strategic counsel. CFO Essentials delivers individualized financial benchmarking, budgeting, and forecasting strategies provided by experienced financial professionals. While LPL’s flagship CFO Premium solution is designed for complex, multi-layered practices, CFO Essentials is a lower-priced, lighter-touch bundle of services providing advisors with a dedicated CFO who offers fundamental support and actionable roadmaps for optimization, growth, and efficiency. It is designed for businesses at all stages of their lifecycle, particularly those in high-growth mode who are seeking a solid financial foundation to build upon. Advisors using the CFO Premium solution have seen compelling results, including in some cases increased average annual business valuations upwards of 30%.”