Financial House, a six-adviser group based in Centreville, Delaware, that manages $650 million, has switched affiliations from Lincoln Financial to LPL Financial.
The firm was established more than 30 years ago, and its second generation of owner-advisers consists of Joseph Biloon, Robert Griesemer and Emily Woodson, LPL Financial said in a press release Monday.
Also on the team are advisers Joseph Blair, Leo Strine and Gary Ulrich Jr., along with several planning associates and office support team members.
The firm said the move to LPL will open up more opportunities for the team to recruit new advisers and also grow the practice inorganically, with access to a larger pool of retiring advisers looking to sell part or all of their business.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.