Press
Devin Garofalo Honored as one of LPL Financial's Top Financial Advisors
January 27, 2022
Devin Garofalo, an independent LPL Financial advisor and Chief Executive Officer of Colonial River Wealth Management announced his inclusion in LPL’s Executive’s Council. This elite award is presented to less than .5% of the firm’s more than 19,000 financial advisors nationwide*.
*Achievement is based on annual production among LPL Advisors only.
LPL Financial Earns Spot Among 2021 Fortune 500 List
June 3, 2021
LPL Financial Holdings Inc. (Nasdaq: LPLA) today announced its inclusion in the 2021 Fortune 500 ranking for the first time in the company’s history. LPL was ranked No. 466 among the esteemed list of the largest U.S. companies ranked by annual revenue. LPL reported record revenue of $5.9B in 2020, an increase of nearly 37% over the last three years.
Advisory team managing $280 million in client assets moves from Lincoln Financial to LPL
October 12, 2016
Devin Garofalo and his team of nine financial advisers manage a total of $280 million, according to LPL spokeswoman Lauren Hoyt-Williams. The team will serve customers as Colonial River Wealth Management Insurance Services, which is based in Midlothian, Virginia.
Mr. Garofalo was named planner of the year and managed assets leader of the Virginia and South Carolina region for the second consecutive year in 2015, according to a statement in July 2016. He was a top 100 financial adviser, Lincoln Financial confirmed.