Scheffel principal recognized as a top financial advisor

From Illinois Business Journal news services

EDWARDSVILLE – Jeff Westerhold, principal of Scheffel Financial Services, has been recognized as a top financial advisor and named to LPL’s Chairman’s Club.

Westerhold (left) is an independent financial advisor at Scheffel Financial Services, affiliated with LPL Financial. The honor is awarded to less than 6 percent of the LPL’s approximately 14,000 advisors nationwide and is based on the advisor’s annual production ranked among all registered advisors supported by LPL.

“This award reflects Jeff’s commitment to his clients in delivering objective financial advice and strategies to help them pursue their life’s financial goals,” said William Morrissey, managing director, LPL Independent Advisor Services.

Founded in 2001, Scheffel Financial Services offers independent, customizable wealth management strategies and solutions to clients. It is located in Edwardsville and serve clients throughout the St. Louis and Southern Illinois regions.

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings, Inc., provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 13,900 independent financial advisors and more than 700 banks and credit unions. LPL Financial acts as an independent consultant to more than 40,000 retirement plans with approximately $110 billion in retirement plan assets served. In addition, LPL Financial supports approximately 4,400 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions.