A multigenerational family office that oversaw $615 million in assets for its clients at Raymond James Financial Advisors has jumped to LPL Financial, the firm announced Monday.
Bay City, Michigan-based Maier & Associates Financial Group was founded in 1984 by financial advisor Wayne Maier. According to his BrokerCheck report, Maier has 48 years of experience.
In addition to Wayne Maier, the firm’s other advisors joining LPL are Joseph Maier, who’s Wayne Maier’s son; Michael Wilcox; Greg Dahlberg; Sharyn Dansa; and Logan Maier, who’s Wayne Maier’s grandson. Other team members making the move to LPL include CFO Laura Maier, who’s Wayne Maier’s daughter; paraplanners Adam Wohlschied and Bret Naylor; and seven support staff members.
“At Maier & Associates, when we say the client comes first, it’s not a cliché. This is who we are,” Wayne Maier said in a statement. “Everything we do is to help our clients build wealth and plan for the future based on their comfort level, with their best interests in mind.”
That goal led the team to search for a new partner.
“We believe it’s of upmost importance to have true independence that allows us to operate on our own terms, without corporate mandates and outside influence. We found that at LPL,” Wayne Maier added. “This move allows us to stay client-focused, which has been a priority ever since I opened the business. We now have access to a wide range of innovative capabilities and resources that will enhance client experiences, and we have the ability to decide what tools we want to use to better our service.”
Maier & Associates gives back to the community through Maier & Associates Charitable Foundation and by supporting various charities.
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.
