Among a trio of advisor move announcements Tuesday, LPL Financial expanded its roster with the arrival of Darren Colananni, who joined the firm's broker-dealer and RIA platform while simultaneously launching Allegia Wealth Management, based outside Washington, D.C.
Colananni reported overseeing approximately $230 million in advisory, brokerage and retirement plan assets, at is previous firm, Centurion Wealth Management.
Allegia Wealth Management takes its name from family members who inspired the venture, Colananni's daughters Ali and Gia, and his grandmother Alice.
The advisor cited LPL's technology investment and its support model as the primary reasons for the move.
Raymond James & Associates, the firm's employee advisor channel, announced the addition of a three-advisor team based in Atlanta, Georgia, overseeing $408 million in client assets from Merrill.
Christopher C. Gabriel, Bruce "Taylor" Burns, and Kelly Johnson arrive as Fundamentum Advisors of Raymond James, a practice serving families, individuals, business owners, endowments, foundations, nonprofits and family offices.
The team is joined by senior registered client service associate Tina Bass and client service associate Kendall Hoskins.
Gabriel, a senior vice president who began his career in financial services in 1999 and has been affiliated with Merrill Lynch since 2009, is also the author of WISEgenerosity, published in 2024. Burns joined the industry in 2019, while Johnson, whose background spans nonprofit management and philanthropic planning, has been part of the Fundamentum team since 2022.
Cetera announced the arrival of David Cushard and Wesley E. Mullins, along with their practice, Honeycomb Wealth Advisors, which oversees approximately $190 million in assets under administration.
Cushard and Mullins are co-founding partners with more than 65 years of combined industry experience having spent the bulk of their careers at Ameriprise before moving to Commonwealth Financial Network.
Their firm has offices in Jackson, Michigan, and Tallahassee, Florida and the co-foudners are joined by advisors Jeff Sirola and Justin Pruitt as well as dedicated support staff.
When LPL announced its acquisition of Commonwealth, Cushard and Mullins began evaluating the full range of independent broker-dealer options. Their destination was Cetera's Summit Financial Network community, which they concluded most closely replicated what they had valued at Commonwealth.
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Meanwhile, &Partners draws another Commonwealth practice, and Wealthcare welcomes a $550 million planning practice in the Northeast.
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Meanwhile, Raymond James, Wedbush, and LPL recruited veteran advisors from across Texas, North Carolina, and California.
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