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LPL nabs advisor managing $325 million at Merrill Lynch

LPL Merrill Lynch

Christopher Coffin is opening a new firm, Coffin Financial Group, in Austin, Texas.

An advisor who managed about $325 million at Merrill Lynch has affiliated with LPL Financial’s employee advisor channel, Linsco, the firm announced Tuesday.

Christopher Coffin is opening a new firm, Coffin Financial Group, in Austin, Texas.

Coffin is a second-generation advisor who earned a law degree before deciding to switch to wealth management. He had been affiliated with Merrill Lynch since joining the industry in 2008. His practice focuses on financial planning and tax-managed asset strategies for doctors, lawyers and other professionals.

In a statement, Coffin said his move reflected a desire to be able to do more for his clients.

“Through LPL and Linsco, I have the flexibility to build the business I want, putting clients’ best interest at the forefront of everything I do,” he said. “I have access to premier LPL technology and resources to enhance the client experience, as well as support from the Linsco team for my firm’s administrative and marketing needs.”

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