LPL Financial is extending its presence yet again in the Lone Star State.
The firm announced Thursday that financial advisors Jeff Minucci and David Ryzman have transitioned their independent practice to LPL’s broker-dealer, registered investment advisor, and custodial platforms. The duo, who formerly worked with Osaic, reported serving approximately $150 million in advisory, brokerage, and retirement plan assets..
Minucci and Ryzman, based in McKinney, Texas, each have more than 20 years of experience in the financial services industry. Their partnership – which has evolved over the years with stops at Securities America and Fidelity, according to their BrokerCheck profiles – focuses on retirement planning strategies tailored to individual clients’ needs.
With their move to LPL, the advisors have launched their own firm, GreenPoint Wealth Management. According to Minucci, their approach is comprehensive, prioritizing risk reduction and tax strategies alongside long-term performance and estate protection.
“We believe in a comprehensive approach, which includes designing plans tailored to each individual client to help reduce risk and tax implications, while focusing on long-term performance, sustainable retirement income, and effective estate protection,” Minucci explained in a statement.
Ryzman underscored the firm's "strong reputation as a leading wealth management firm," highlight that their decision to join LPL came after a long vetting process.
“We wanted to create our own identity and shape our practice on our terms,” Ryzman said.
He also highlighted hpw the operational efficiencies offered by LPL would free up more time for them to spend with clients.
Their move follows a series of advisor departures from Osaic in recent months, including two teams managing over $4 billion in assets who joined LPL in August. Last week, Bury Financial Group, which managed $655 million in assets, also left Osaic for LPL. More recently, Debra Brennan Tagg, a 25-year veteran of the industry, departed Osaic to join NewEdge Advisors.
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