Advisor Alex Ramos Joins LPL and Excel Wealth Management

Last Edited by: LPL Financial

Last Updated: July 21, 2022

Financial advisor Alex Ramos image

CHARLOTTE, N.C. – June 21, 2022 – LPL Financial LLC announced today that financial advisor Alex Ramos, has joined LPL Financial, affiliating with Excel Wealth Management, LLC, an existing firm supported by LPL’s RIA platform. He reported having managed approximately $800m in advisory, brokerage and retirement plan assets,* and joins from BNY Mellon Wealth Management.

Ramos brings decades of experience in financial advising, portfolio management and corporate finance at some of the top financial institutions, lending him a unique and comprehensive perspective on investing. He led US Trust’s Portfolio Analytics & Consulting practice, as well as Deutsche Bank’s Key Client Partners desk focusing on Latin American clients. He also played a critical role integrating both US Trust and Merrill Lynch with Bank of America. As a Senior Client Strategist at BNY Mellon Wealth Management, he was responsible for client acquisition and client satisfaction. By leveraging his background in corporate finance and investment management, he can help clients navigate liquidity events with a focus on maximizing value and tax optimization. His ample experience in financial and estate planning helps position clients with the appropriate asset allocation and investment approach they require. 

“I’m excited to get back in the game of actively managing client assets and providing them with the comprehensive strategies they need,” said Ramos.

What drove the return to financial advisory

Ramos says that LPL’s robust technology platform, open architecture, lending capabilities and its affiliated trust company influenced his decision to return to actively managing portfolios. 

“LPL delivers an impressive investment platform which I believe allows me to deliver the best investment thinking for my clients.  Their formidable technology platform allows me to expedite workflows so I can spend more time serving my clients. With access to their affiliated Trust Company, nothing gets lost when handling complex fiduciary matters.  I believe it’s the best of both worlds: full-service capabilities without the ‘red tape’ of large institutions and innovative tech that affords my clients a better experience.”

Born and raised in Mexico City, Ramos is fluent in Spanish and French and conversational in Dutch and Portuguese. After graduating from the University of Pennsylvania, he was awarded a Fulbright Scholarship to attend Katholieke Universiteit Leuven, in Belgium. Currently, he resides in Connecticut with his wife and two children. During his downtime, Alex enjoys providing financial literacy workshops to the Hispanic Community in Connecticut and is a Member of The Circle of Care boards – an organization assisting Connecticut families with emotional and financial assistance whose children are going through cancer treatment.

Scott Posner, LPL executive vice president, Business Development, added, “At LPL, we aim to empower our advisors by building secure, scalable and flexible infrastructures. We believe that when we prioritize the right technology and the right service offerings, our advisors can do what they love to do even better. Alex's return to actively managing portfolios illustrates the success of our methodology and we're thrilled he's joining us.”

As a partner and part of the executive committee at Excel Wealth Management, Ramos is responsible for asset allocation and positioning of client portfolios, and contributing to the firm’s strategic growth initiatives.

Advisors, find an LPL business development representative near you.

About LPL Financial

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve,** supporting over 20,000 financial advisors, and approximately 800 institution-based investment programs and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

*Value approximated based on asset and holding details provided to LPL from the year 2021

** RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S. (Based on total revenues, Financial Planning magazine 1996-2021); No. 1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 Company as of June 2021. LPL and its affiliated companies provide financial services only from the United States.

LPL Financial Representative offer access to Trust Services through the Private Trust Company N.A., an affiliate of LPL Financial.

Securities and advisory services offered through LPL Financial LLC, an SEC-registered broker-dealer and investment advisor. Member FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

Excel Wealth Management and LPL Financial are separate entities.