LPL Financial announced Monday that a team of advisers managing $380 million in North Carolina that previously was affiliated with Truist Investment Services is joining LPL’s Linsco.
Benjamin Link and Steve Sexton are forming Vero Wealth Management in Greensboro; it will be LPL’s second office in that city.
Vero Wealth Management is the 25th team to affiliate with LPL via Linsco, its platform for employee advisers, according to a statement from LPL.
Link and Sexton are joined in the move by staff members Tracie Lucas and Shirley Sohmer.
Link and Sexton teamed up at Truist six years ago. Link has 18 years of experience, according to his BrokerCheck report, having started his career at Legg Mason Wood Walker in 2003. Sexton has 28 years of experience and started on the insurance side of the business at Jefferson-Pilot Investor Services in 1994, followed by 11 years at Lincoln Financial.
“LPL is focused on supporting advisors and helping them be successful. We appreciate all of the vast resources that we now have available to help us serve clients better,” Link said in the statement. “We will be optimizing our practice with efficient technology, all synchronized so it works beautifully together."
Carson's latest addition in Salt Lake City continues its strategy of buying out successful and growing Carson Wealth locations.
Reports of potential combination follow discussions between CEOs, sources say.
Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.
Orion adds new model portfolios and SMAs under expanded JPMorgan tie-up, while eMoney boosts its planning software capabilities.
National survey of workers exposes widespread retirement planning challenges for Gen Z, Millennials, Gen X, and Boomers.
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.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
