Newbore Wealth Management

Newbore relies entirely on non-proprietary products available through LPL Financial's platform. LPL is the largest independent broker-dealer in the US, providing access to equities, fixed income, mutual funds, exchange-traded funds, annuities, and alternative investments. The firm does not operate its own fund vehicles, direct private deals, or separate managed accounts outside the LPL custody and clearing framework.

Newbore uses LPL Financial as its broker-dealer and custodian. This means client assets are held at LPL, trades settle through LPL, and Newbore operates under LPL's FINRA umbrella. LPL provides compliance support, product access, and technology infrastructure, but Newbore retains independent branding and control over client relationships and advisory recommendations. The arrangement is typical of the independent-contractor model prevalent across LPL's approximately 22,000 affiliated advisors (per LPL Financial Form 10-K, February 2024).