Altering careers has paid off for a former Connecticut impartial college trainer who’s taking a brand new route in monetary providers by becoming a member of LPL Monetary’s worker advisor channel Linsco.
Brendan Wooden started his second profession in 2007 and having served roughly $130 million in advisory, brokerage and retirement plan property, most just lately with Merrill Lynch.
He has launched Wooden Wealth Administration of LPL Monetary, working principally with small enterprise house owners, professionals, households, and establishments, and says that the Linsco mannequin reminds him of working in impartial colleges.
“We had smaller lessons, extra autonomy and I used to be in a position to form my very own curriculum,” Wooden mentioned. “Shifting to LPL is evocative of instructing in a boutique college. In public highschool, you must train to sure checks. In impartial colleges, you’ve got extra freedom and adaptability. Equally at LPL, I can put my shopper’s greatest curiosity first.”
INSPIRED BY BENJAMIN GRAHAM
Wooden says that he’s impressed in his advisory enterprise by Benjamin Graham, thought to be the “father of worth investing,” who taught Warren Buffett amongst others.
“His ‘margin of security’ idea is deeply rooted in my planning and investing processes,” Wooden mentioned, referring to Graham’s precept of solely investing in securities when their market worth is nicely beneath their intrinsic worth.
Be taught extra about reprints and licensing for this text.
