A pair of advisors who had managed $390 million of client assets at Merrill Lynch moved to LPL Financial and its employee advisor channel, Linsco, the firm announced Thursday.
Jared West and Sandy Brown are launching West Wealth Advisory Powered by LPL Financial in Fresno, California, where they will be the first tenants in a new Linsco office. The team is the 50th to join LPL’s Linsco channel since it launched in 2021.
West and Brown work with high-net-worth individuals and business owners.
The big sell-offs in both the stock and bond markets last year brought home to them the need for more flexibility on the financial solutions they offer clients, and their research led them to LPL.
“Moving to LPL opens the door for our clients to have access to the products and strategies that make the most sense for them, without restrictions on investments or influence from bank mandates,” West said in a statement. “This move is really about freedom for clients and doing the right thing for them. I’m excited to only work for my clients’ best interests.”
The advisors also cited the Linsco model, which helps advisors moving from a wirehouse to the independent model by providing them with a wealth management platform and business resources.
West has 24 years of experience, starting at American Express Financial Advisors in 1998, and had been affiliated with Merrill since 2009, according to his BrokerCheck report. Brown has 21 years of experience, beginning at Citigroup in 2001, and joined Merrill in 2017, where he teamed up with West.
Staffers Samantha Medeiros and Rachel Schwendiman join them in the move.
"QuantumRisk, by design, recognizes that these so-called “impossible” events actually happen, and it accounts for them in a way that advisors can see and plan for," Dr. Ron Piccinini told InvestmentNews.
Advisors who invest time and energy on vital projects for their practice could still be missing growth opportunities – unless they get serious about client-facing activities.
The policy research institution calculates thousands in tax cuts for Washington, Wyoming, and Massachusetts residents on average, with milder reductions for those dwelling in wealth hotspots.
Yieldstreet real estate funds turned out to be far riskier than some clients believed them to be, according to CNBC.
The race to 100 transactions ended a month early this year, with April standing out as the most active month on record for RIA dealmaking.
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.
