Randall Pickett, who managed $180 million at Oppenheimer & Co. in Dallas, Texas, has joined Linsco, the employee channel of LPL Financial.
Pickett, who started his career as an institutional bond salesman, has nearly 35 years of experience and was with Oppenheimer for 13 years.
Pickett and wealth associate Leslie Stephenson, who have worked together for more than six years, launched The Pickett Group of LPL Financial in an effort to better support their clients’ unique goals and values, LPL Financial said in a press release Thursday.
The Pickett Group of LPL Financial will be the second team to join the Linsco office in Dallas, following Bespoke Private Wealth of LPL Financial, which launched last month. The office will have space for several more advisers in the future and is expected to become one of Linsco’s larger sites.
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.