JUDY VANARSDALE RECOGNIZED IN FORBES AS A 2020 TOP WEALTH ADVISOR IN ILLINOIS

Contact: Judy VanArsdale

847-550-1500

Judy@LakeviewWM.com

Deer Park, IL — January 16, 2020 – Judy VanArsdale of Lakeview Wealth Management was recently ranked No. 52 in Illinois in the 2020 Best-In-State Wealth Advisors list published by Forbes.  

According to Forbes, the annual list spotlights the nation’s top-performing advisors, evaluated based on a methodology developed by SHOOK Research. Advisors are also evaluated based on personal interviews, industry experience and revenue trends, among other criteria.

“This recognition is a testament to Judy’s commitment to providing personalized financial advice that helps clients reach their long-term financial goals,” said Andy Kalbaugh, LPL managing director and divisional president, National Sales and Consulting. “With increasing demand for advice from a trusted financial advisor, we applaud Judy for raising the bar in our industry and demonstrating the value of the independent model to build valued and lasting relationships with clients. On behalf of LPL, I thank her for the work she does in support of her clients.”

Judy VanArsdale has offices located in Deer Park, Downers Grove and St. Charles, IL and provides a full range of financial services, including retirement and financial planning, individual money management, individual stocks and bonds, mutual funds, annuities and more. Please visit our website at www.LakeviewWM.com for more details.

VanArsdale is an independent advisor affiliated with LPL Financial, the nation’s largest independent broker-dealer* and a leader in the retail financial advice market, providing resources, tools and technology that support advisors in their work to enrich their clients’ financial lives. 

About LPL Financial

LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL.com

*Based on total revenues, Financial Planning magazine, June 1996-2019

LPL Financial, Forbes magazine and Lakeview Wealth Management are all separate entities. The Forbes Best-In-State Wealth Advisor ranking, developed by SHOOK Research, is based on in-person and telephone due diligence meetings and a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK Research receives a fee in exchange for rankings. 

Securities offered through LPL Financial, Member FINRA/SIPC 

Lisa VanArsdale Earns Opportunity To Attend Industry Women’s Leadership Forum

Deer Park, IL — October 7, 2019 – Lisa VanArsdale, an independent financial advisor at Lakeview Wealth Management in Deer Park, IL, is the recipient of LPL Financial’s emerging advisor scholarship, providing her the opportunity to attend the firm’s annual Women Advisors Leaders Forum, which took place Oct. 2 to 4 in Miami.

The invitation-only event gathers more than 100 of the most successful women advisors affiliated with LPL, a leading partner to independent financial advisors, to share ideas, discuss growth opportunities, celebrate achievements and nurture a community of women advisors.

“It was an honor to attend this conference to learn and hear from successful women in our industry,” VanArsdale said. “As a woman in a male-dominated field, it’s refreshing to be among women who have paved a path for greater diversity in our field and who want to provide more access to financial advice. I left inspired by these women and eager to build deeper relationships with the clients we serve.”

The scholarship was designed to inspire and equip LPL women to greater success. Scholarship qualifications were at least three years of experience in the industry, at least one as an LPL advisor, and a demonstrated track record of growth. Additionally, each scholarship recipient was identified as a potential successor to take over a practice.

Bethany Bryant, LPL senior vice president, National Sales and Consulting, said the scholarship is intended to fast-track attendees’ leadership development. She added, “As we work to grow and support an inclusive and diverse advisor community, we’re highly committed to empowering our next generation of successful women advisors in their work to support America’s investors. These women are potential successors to take over a practice, and our goal is to help put them in a position to do that successfully by investing in their growth and development.”

VanArsdale is an LPL Financial advisor. LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer*, providing resources, tools and technology that support advisors in their work to help enrich their clients’ financial lives.

About LPL Financial

LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL.com

*Based on total revenues, Financial Planning magazine June 1996-2019

DC Fly In With LPL Government Relations

Judy and Lisa had the opportunity to spend time in our nation’s capital with the LPL Financial Government Relations team and a handful of fellow advisors. Like last year, this is a trip we are humbled by the opportunity to represent our clients, our firm and our community.

While in Washington, D.C., we dedicated ourselves to advocating, educating, and relationship-building with members of Congress on both sides of the aisle. Our messages centered on emphasizing that we are small business owners who are embedded in our communities and provide vital financial services. Moreover, in each meeting, we described how we support “Main Street” investors, deliberately distinguishing ourselves from “Wall Street.”

It is a privilege that Judy and Lisa both sit on the LPL Political Action Committee Board. You can always read more about LPL’s policy positions by visiting the Advocate page on the LPL Government Relations website. It is our continued commitment to you to continue to advocate on your behalf when given the opportunity.

As a small recap, if you are interested in learning more about who we met with or what we discussed, please see below. We left feeling confident that our voices were heard and those we met with have a better understanding of how certain policies will affect our business and you as the end-investor.

We had the opportunity to engage with the following Members:
Former Congressman Frank Guinta (R-NH)
Congressman Josh Gottheimer (D-NJ)
Congresswoman Norma Torres (D-CA)
Congressman Marc Veasey (D-TX)
Congresswoman Ann Wagner (R-MO)
Congressman Brett Guthrie (R-KY)
Rick Dearborn (Former Deputy Chief of Staff to President Donald Trump)
Congressman Anthony Gonzalez (R-OH)
Senator Doug Jones (D-AL)
Jeff Wieand, Office of House Republican Whip Steve Scalise (R-LA)
Congressman Ron Estes (R-KS)
Brittan Specht, Office of Republican Leader Kevin McCarthy (R-CA)
House Majority Leader Steny Hoyer (D-MD)
Congressman Jason Smith (R-MO)
Congresswoman Grace Meng (D-NY)
Congresswoman Joyce Beatty (D-OH)
Congresswoman Katherine Clark (D-MA)

We touched on the following policy issues affecting our industry:

1. The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. There is a retirement savings crisis in our country and most Americans live with the fear of saving enough for retirement. This is a piece of legislature that could potential see a House vote this week and has bi-partisan support. It is geared toward making small business have easier access to offering retirement savings plans. It also considers extending the age of RMDs past 70.5 as we continue to live longer.

2. SEC Regulation Best Interest Standard. A continued discussion from last year’s trip – LPL will continue to work with policymakers at the federal and state levels to promote rules establishing a harmonized best interest standard for the financial services industry, while ensuring that investors maintain access to all available financial services.

3. The 20% pass-through deduction (included in the Tax Cuts and Jobs Act) Our industry has felt that this provision has an unfair advantage given to insurance agents over financial advisors. By allowing the same pass through deduction for companies that can offer similar or same products, it hinders financial advisors when it comes to growing their practice and keeping client fees as low as possible.

New LPL Diversity & Inclusion Council

The LPL Advisor Inclusion Council is a diverse group of representatives from advisor firms and institutions, partnering with LPL leaders, to make progress towards LPL Financial’s vision of being the most diverse and inclusive place to do business. The Advisor Inclusion Council will serve as a collaborative team and use their expertise and experience to help LPL Financial become an inclusive destination for financial advisors and their clients.

“I couldn’t be more excited to be a part of the LPL Advisor Inclusion Council. I believe there is the ability to work towards a more unified cause, bringing great people together and that diversity fosters a more creative and innovative workforce. There are people who choose to complain about the lack of change and there are people who choose to have a voice and push for actions.” – Lisa VanArsdale, Associate Wealth Advisor, Lakeview Wealth Management

Washington DC Fly In

Good afternoon!

It is with great excitement we are reaching out to tell you about our most recent trip – Judy and I had the privilege to travel to Washington DC on May 8th and 9th. Out of the 16,000+ LPL Advisors across the country, we were invited to join 8 additional advisors, along with some of the LPL home office staff, for a fly-in. It was a busy 48 hours, during our time we traveled with the LPL lobbyist throughout DC to meet with the following:

Congressman Josh Gottheimer (D-NJ)

Congressman Bruce Poliquin (R-ME)

Congressman Trey Hollingsworth (R-IN)

Senator Tim Scott (R-SC)

Congressman Juan Vargas (D-CA)

Democratic Whip Steny Hoyer (D-MD)

Congressman French Hill (R-AR) and

Congressman Peter Roskam (R-IL)

Our focus was to spend those two days meeting with both sides of the aisle to hear about the work and efforts they are making, but most importantly to advocate on your behalf. There are a number of current policy initiatives that we specifically were focused on in our discussions on the hill. You can read more information about the specific LPL views below or directly from the lplgovernmentrelations.com website:

ENGAGING PROACTIVELY WITH POLICYMAKERS TO PROMOTE A BEST INTEREST STANDARD OF CARE THAT ENSURES AFFORDABLE ACCESS TO FINANCIAL GUIDANCE AND ADVICE

LPL will continue to work with policymakers at the federal and state levels to promote rules establishing a harmonized best interest standard for the financial services industry, while ensuring that investors maintain access to all available financial services.

During the trip, the chief legal officer from LPL and her chief of staff had a meeting with the SEC to work towards the next solution as the DOL Fiduciary Rule was rescinded. This was the topic Judy had the opportunity to provide testimony back in 2015 for the Ways and Means Subcommittee on Oversight hearing.

ADVOCATING FOR THOUGHTFUL POLICIES TO PROMOTE SENIOR INVESTOR PROTECTION

LPL is committed to identifying and advancing solutions to protect senior and vulnerable adult investors from exploitation and fraudulent practices. We will collaborate with policymakers and industry partners at the federal and state level through advocacy and thought leadership to promote and support laws and regulation that will enhance protection of senior and vulnerable adult investors.

PRESERVING AND ENHANCING INCENTIVES FOR RETIREMENT SAVINGS

LPL will engage with Congress to advocate for the preservation and enhancement of incentives for retirement savings. Tax incentives are a critical motivator both for the individual investor and employers who want to offer retirement savings plans.

We left DC feeling confident hearing how much bipartisan efforts were taking place, despite what might be the focus of today’s news cycles. We continue to find ways to ensure we are taking the best care possible of you and your assets. It is our promise to you to have a voice and advocate for you.

If you have any questions or would like additional information on some of the policies we were advocating for, please do not hesitate to ask. Hoping everyone enjoys their summer! As always, we would love to see pictures of your “Lakeview” whatever they may be!

529 Account News – Gold for Illinois

Treasurer’s Note

Gold for Illinois

I am proud to announce that we’ve made historic advances in our college savings plans.

Illinois’ Bright Start and Bright Directions are the highest rated programs in the country, according to an independent analysis by Morningstar.

Bright Start earned a gold rating. It is the first time the college investment fund received that honor.

In late October, Bright Directions earned a silver rating for the second consecutive year, the highest rating for an advisor-sold plan.

Morningstar evaluated plans in nearly every state in the country and based its ratings on five key pillars: process, performance, people, parent, and price. The restructuring of Bright Start’s investment portfolio and a significant reduction in fees specifically was mentioned in the analysis.

This great news is a direct result of the feedback that we have received from our college savers. Today, we have more than 460,000 active college savings accounts valued at more than $9 billion.

Attending college or a qualified trade school is a key component to career success. How many times have we heard a parent say, ‘I just want my child to have a better life than me.’

Opening a Bright Start or Bright Directions college saving account is the first step.

Sincerely,

Michael W. Frerichs

Illinois State Treasurer

Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual.

Prior to investing in a 529 Plan investors should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.

The Morningstar Analyst RatingTM is not a credit or risk rating. It is a subjective evaluation performed by Morningstar’s manager research group, which consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”). In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. The Manager Research Group uses this five pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark, or in the case of exchange-traded funds and index mutual funds, a relevant peer group, over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the weight of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, and Negative. A Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group’s conviction in a fund’s prospects for outperformance. Analyst Ratings ultimately reflect the Manager Research Group’s overall assessment, are overseen by an Analyst Rating Committee, and are continuously monitored and reevaluated at least every 14 months.

For more detailed information about Morningstar’s Analyst Rating, including its methodology, please go to global.morningstar.com/managerdisclosures/

The Morningstar Analyst Rating (i) should not be used as the sole basis in evaluating a fund, (ii) involves unknown risks and uncertainties which may cause Analyst expectations not to occur or to differ significantly from what they expected, and (iii) should not be considered an offer or solicitation to buy or sell the fund.

May Watch 2017

Another earnings season is in the books and it was a good one. With more than 90% of S&P 500 companies having reported first quarter 2017 results, S&P 500 earnings are tracking to a solid year-over-year increase of more than 14% (Thomson Reuters data). That mark, should it stand throughout the remainder of reporting season, would represent the best pace of earnings growth since the third quarter of 2011. Further, outlooks from corporate management teams have generally been upbeat. Corporate America’s ability to produce strong profits despite sub-par economic growth has been impressive, providing a solid backdrop for stocks and economically sensitive bonds.

Download the Full Article

Judy VanArsdale’s spoken testimony from the Ways and Means Subcommittee on Oversight hearing on the Department of Labor’s proposed fiduciary rule

Read Judy VanArsdale’s spoken testimony from last Wednesdays’s Ways and Means Subcommittee on Oversight hearing on the Department of Labor’s proposed fiduciary rule. ‘This is my life’s work, and I have a great passion for what I do… Let’s all work together to craft a fiduciary rule that is workable and protects the best interest of all investors.’ Way to go Judy!

Download the Full Article

Judy VanArsdale gives Testimony at the Ways and Means Subcommittee on Oversight hearing on the Department of Labor’s proposed fiduciary rule

Congratulations to Judy VanArsdale! This past Wednesday, Judy testified at the Ways and Means Subcommittee on Oversight hearing on the Department of Labor’s proposed fiduciary rule. Congressman Roskam extended the invitation to discuss the work Judy does every day to help her clients save for their futures and to highlight the ways in which the DOL proposed fiduciary rule could impact her work and the ability of millions of American to save for their retirement. We are so proud of you, thank you for being our voice!