CHICAGO – Alliant CU announced this morning it signed with LPL Financial to provide its members with third-party brokerage, wealth management and trust services.
“The winning combination provided by LPL Financial of brokerage services, wealth management and trust solutions will enable Alliant Credit Union to significantly extend the range of services we offer our client members,” said Laura Wallace, vice president branches and retirement & investment services for the $8.2 billion credit union, the nation’s sixth largest.
“We expect to gain valuable new efficiencies through LPL Financial's technological platform and to benefit from the vast amount of resources available through their dedicated support of the institutional channel,” said Wallace. “Additionally, Alliant will be able to tap into the LPL Financial network of financial institutions in order to gain greater access to industry-wide best practices and business networking opportunities."
Alliant is the one-time United Airlines employees’ credit union and now serves more than 270,000 members in all 50 states.
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc., is the nation's largest independent broker-dealer and provides independent investment services through 685 financial institutions.
