LPL is kicking off its last month of recruitment in 2024 by welcoming back a veteran advisor in Arizona.
On Tuesday, LPL Financial announced that James Norris, a financial advisor and founder of Argosy Financial, has chosen to re-integrate with its broker-dealer, RIA, and custodial platforms.
Norris rejoins LPL after a stint at Centaurus Financial, where he reportedly oversaw approximately $250 million in advisory, brokerage, and retirement plan assets.
Based in Glendale, Arizona, Norris has over two decades of experience in financial services focusing on personalized investment management and retirement planning. That includes 18 years as a registered broker and investment advisor, according to his BrokerCheck history, which began in 2006.
He emphasized that his firm, supported by team members Michael O’Brien, Romy Quick, and Sarah Norris, prioritizes honesty, integrity, and trust in their client relationships.
“Without honesty, we cannot advise; without integrity we cannot put clients’ needs first; and without trust, we cannot survive,” Norris said in a statement Tuesday.
Norris' professional record shows multiple stints of affiliation with LPL. After first registering as a broker with the firm in 2006, he switched briefly to Ameriprise, only to go back to LPL in 2013. The second time he left LPL was in 2019, pursuing a succession planning opportunity as two retiring advisors entrusted their business to him.
After a five-year period of growing his practice, Norris said he decided to return to LPL once more as an opportunity to take advantage of the firm’s robust platform and tools.
“We are thrilled to be joining LPL Financial – in many ways, it feels like coming home,” Norris said. “LPL’s robust technology and resources will enable us to provide our clients with the best possible service and strategies.”
Norris' homecoming comes hot on the heels of LPL hiring PayPal veteran Renanda Friedlich as its executive vice president and chief information security officer.
With a network of more than 28,000 financial advisors and partnerships with 1,000 financial institutions, LPL Financial services and custodies approximately $1.6 trillion in brokerage and advisory assets.
The move to charge data aggregators fees totaling hundreds of millions of dollars threatens to upend business models across the industry.
The latest snapshot report reveals large firms overwhelmingly account for branches and registrants as trend of net exits from FINRA continues.
Siding with the primary contact in a marriage might make sense at first, but having both parties' interests at heart could open a better way forward.
With more than $13 billion in assets, American Portfolios Advisors closed last October.
Robert D. Kendall brings decades of experience, including roles at DWS Americas and a former investment unit within Morgan Stanley, as he steps into a global leadership position.
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.
