LPL has grown its presence in the Pacific Northwest with the addition of an advisor from Edward Jones.
On Thursday, LPL Financial announced that financial advisor Alex Williams, has affiliated himself with its broker-dealer, RIA and custodial platforms.
Williams, a multi-decade veteran of the industry, reportedly managed roughly $170 million in advisory, brokerage and retirement assets at Edward Jones.
In departing from his previous firm, he has launched his very own independent practice, Stable Wealth, based in Olympia, Washington.
“I have a commitment to adapt to this ever-changing financial landscape,” Williams said in a statement Thursday. “As client expectations continuously evolve, it became clear that I needed a partnership that could support their increased needs.”
Williams has built up a long professional track record over the course of 25 years in the industry, all of which he spent at Edward Jones, with experience as a regional leader.
He specializes in investment strategies and comprehensive financial planning, with a primary focus on retirees and clients in the equestrian community. Appreciators of the sport may recognize his wife Jennifer, who’s competed and earned numerous honors including a National Championship in dressage at the highest Grand Prix level.
“I can now offer more holistic planning, which includes advanced tax and estate planning, as well as alternative investment opportunities,” Williams said of the opportunities he’s unlocked with his new independent practice and affiliation with LPL.
Shortly before welcoming Williams, LPL expanded its reach in Connecticut with a $750 million ex-Lincoln advisor team from Osaic.
Earlier this month, LPL also scored another advisor team at Edward Jones’s expense as a $450 million advisor duo came on board to unveil their rebranded practice in South Carolina.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
