LPL Financial has expanded its reach in Virginia as a family-run advisory practice from Avantax switches affiliations.
On Wednesday, the firm announced financial advisors George Englert, Kevin Englert, and Carrie Hughes have joined its broker-dealer, RIA, and custodial platforms.
The advisors were previously affiliated with Avantax – which was fully acquired by Cetera last November – where they reported managing approximately $170 million in advisory, brokerage, and retirement plan assets.
Based in Springfield, Virginia, Englert Financial is a family-run firm founded by George Englert. The 22-year industry veteran has a background working with government agencies such as the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.
Kevin Englert, his son, joined the firm in 2011 following a career in public accounting and the private industry as an auditor. Carrie Hughes was welcomed into the team five years later in 2016, bringing expertise in wealth management, accounting, insurance, business analysis, and project management.
“We believe our clients deserve the highest level of service, which is why we take a team approach to add a broader perspective to all we do,” George Englert said in a statement.
“Our goal is to provide a variety of comprehensive financial planning services and investment strategies with the understanding that each client is unique and deserves personalized attention and tailored services,” he said.
Hughes highlighted LPL’s “best-in-class technology and innovative resources,” critical for the team to “elevate our service and provide clients with more hands-on experiences,” as decisive factors in the transition.
“[O]ur team will be able to save time and truly focus on what’s most important, which is personalized investment planning and building wealth for our clients,” Hughes said.
LPL’s addition in Wisconsin comes on the heels of its welcoming a veteran advisor and former minor league baseball player from Osaic in New York City.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
