LPL is building out its independent advisor network further as a veteran-led Ameriprise team joins its independent platform.
On Wednesday, LPL Financial announced that financial advisors Justin Gore and Michael Fusco have joined its broker-dealer, RIA, and custodial platforms,
Operating in South Carolina, the breakaway advisors reportedly managed roughly $475 million in advisory, brokerage, and retirement plan assets at Ameriprise.
The transition to LPL Financial coincides with the firm's rebranding from MG Private Financial following the retirement of senior partner Hugh Martin. With the new name, Integrity Financial Group, the advisors are solidifying their commitment to client service and ethical business practices.
“We did a lot of soul searching over the last year to find a home that would allow us to put our clients first and grow our business on our own terms,” Gore said in a statement. “At the end of the day, it's all about our clients. They're our lifeblood, and we wouldn't be here without them.”
Gore said Integrity Financial Group’s clients will benefit from LPL’s integrated platform that includes a diverse range of investment products and services, as well as the latest technology and research.
Based in Mount Pleasant, Gore brings with him 26 years of industry experience, including roughly two decades at Voya Financial Advisors and a year at Edward Jones. He’s focused on retirement strategies, estate planning, and customized financial planning.
Fusco, who has 12 years of experience and is working out of Myrtle Beach, offers tailored wealth management and investment strategies for individuals and businesses.
“We are committed to providing clients with the highest level of service,” Fusco said.
“We take a client-first approach by working directly with them to understand each person’s unique financial situation, risk tolerance, and aspirations,” he added, describing the firm’s goals-based planning approach.
Last week, LPL supported another advisor pair’s break for independence with Countiss Wealth Management, a new Mississippi-based practice led by a father-daughter duo from Edward Jones.
Before that, it landed a trio of advisors from PNC Investments, who hopped onto LPL’s network through an alignment with Momentum Wealth Partners.
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
Counsel representing Lisa Cook argued the president's pattern of publicly blasting the Fed calls the foundation for her firing into question.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
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.
