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Has anyone inquired?

MORRISTOWN FINANCIAL GROUP LAUNCHES ADVISOR ADVANTEDGESM

Premier Service Manages the Pressures of Compliance; Transforms a Financial Advisor’s Practice to Focus on Productivity and Client Service

 

MORRISTOWN, N.J.− August 10, 2009 – Morristown Financial Group, one of the largest independent financial practices in the Northeast today announced the launch of  Advisor AdvantEDGESM, a full-service solution for financial advisors new to the independent model that need support on key compliance, back-office, and supervisory issues that would otherwise stall their business. 

 

“The continued regulation of the financial services industry and the attention financial advisors must dedicate to compliance-related tasks translates into lost opportunities to spend time with clients and cultivate new relationships,” said John Hyland, CFP®, founding partner of Morristown Financial Group. “We believe the launch of Advisor AdvantEDGESM fulfils a huge need in the marketplace for a sophisticated, cost-effective solution that allows independent financial advisors to stay focused on growing their practice.”

 

Advisor AdvantEDGESM helps delegate some of the responsibility and accountability out of a financial advisor’s hands and provides access to compliance and supervision solutions, transition and staffing support, practice management and product expertise from a proven leader in this capacity and one of the largest independent advisory practices in the Northeast.  The service tackles frontline issues relevant to financial advisors in an evolving industry and offers benefits including:

 

Transition Planning to Independent Model: Advisor AdvantEDGESM is ideal for advisors new to the independent model that can leverage Morristown Financial Group’s 15+ years of experience in transition support.

 

Increased Productivity: Advisor AdvantEDGESM can save a practice 25-50% of time a month that would have been spent filing client paperwork, compliance reporting, etc.

 

Low Cost: Because of Morristown Financial Group’s scale in the region, the firm is able to offer Advisor AdvantEDGESM at a competitive fee structure given its unique expertise.

 

Risk Management: Advisor AdvantEDGESM takes the responsibility and accountability of compliance and supervision out of an advisor’s hands and into ours.

 

Flexibility: Advisor AdvantEDGESM can be adjusted to meet an advisor’s needs and they will have dedicated support from Morristown Financial Group.

 

“When a financial advisor chooses Advisor AdvantEDGESM, they are partnering with one of largest independent financial firms in the Northeast with in-depth working experience and knowledge of LPL Financial,” said Patrick Sullivan, CFP®, founding partner of Morristown Financial Group. “We can pick the best areas to truly transform an advisor’s practice to maximize face time with clients and prospects and keep them focused on the growth of their business.”

 

Since 1997, the financial professionals at Morristown Financial Group have been affiliated with LPL Financial, the nation’s largest broker dealer* and are experts at maximizing the value of LPL Financial’s compliance, transition and technology, trading and services for financial advisors.

 

About Advisor AdvantEDGE SM

Advisor AdvantEDGESM, powered by Morristown Financial Group is a comprehensive, outsourced solution tailored for independent financial advisors. Launched to the market in August 2009, Advisor AdvantEDGESM professionally manages the increased pressures of compliance and regulation and transforms a financial advisor’s practice to focus on productivity and superior client service. The service takes the responsibility and accountability out of a Branch Manager’s hands and can be done cost-effectively. Advisors who partner with Advisor AdvantEDGESM will have access to compliance and supervision solutions, transition and staffing support and practice management/product expertise from a proven leader in this capacity and one of the largest independent advisory practices in the Northeast. Since 1997, Morristown Financial Group has been affiliated with LPL Financial, the nation’s largest broker dealer and are experts at maximizing the value of LPL Financial offering to independent financial advisors.

About Morristown Financial Group

Morristown Financial Group was founded in 1997 and has evolved into one of the largest independent financial practices in the Northeast. Based in Morristown, N.J., the firm is comprised of 80 financial advisors, who share a common commitment of serving their clients best interests with no direct affiliation to a larger parent company or fund family. All of the Morristown Financial Group financial professionals foster close personal relationships with their clients and have access to every financial product or service in the marketplace, ensuring that their clients’ needs are addressed. For more information of Morristown Financial Group, please visit www.mfgnj.com

Securities offered through LPL Financial, Member FINRA/SIPC

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* Based on total revenues, as reported in Financial Planning magazine, June 1996-2009