Nick Lalonde, an advisor who managed $200 million in assets at Edward Jones, is joining LPL Financial’s broker-dealer, RIA and custodial platforms, the firm announced Monday.
Lalonde is launching an independent practice, Third Act Wealth Management, in Dallas. He’s joined in the move by two staffers, Jaylene Roloff and Liz Christensen, and plans to add junior advisors and paraplanners to the staff.
Lalonde said his work “led to a desire to have more flexibility around solutions and technology. Our due diligence process brought us to LPL, where we have Fortune 500 muscle, innovative offerings, and the ability to brand ourselves and operate on our own terms.”
Prior to LPL, Lalonde had been affiliated with Edward Jones since 2016, according to his BrokerCheck report, and earlier spent two years at Raymond James.
Plus, a $400 million Commonwealth team departs to launch an independent family-run RIA in the East Bay area.
“I respectfully request that all recruiters for other BDs discontinue their efforts to contact me," writes Thomas Bartholomew.
The collaboration will focus initially on strategies within collective investment trusts in DC plans, with plans to expand to other retirement-focused private investment solutions.
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