Niklas Financial, a hybrid advisory firm with $400 million in assets, is joining LPL Financial’s broker-dealer, registered investment adviser and custodial platforms from Securities America, which is a unit of Advisor Group.
Jefferson City, Mo.-based Niklas will align with JFC Financial Services, which moved to LPL from Securities America last month.
Kenny Niklas, president of Niklas Financial, founded the firm in 1979 with his father and brother, who have retired. The firm includes his son, Brandon Niklas, as well as advisers Jerry Christian and Aaron Smith, office manager John Anderson, administrative staff and eight remote financial advisers.
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