LPL nabs Edward Jones duo in Tennessee

LPL nabs Edward Jones duo in Tennessee
Todd Rosel and Larry D. Smith oversee $310 million in assets and are combining their practices to form a new firm, Integrity Wealth Advisor Group.
JUN 08, 2023

LPL Financial said Thursday it had recruited two former Edward Jones veteran financial advisors, Todd Rosel and Larry D. Smith, with $310 million in client assets.

Based in Lexington, Tennessee, the pair will combine their practices to form a new firm, Integrity Wealth Advisor Group. The team includes staffers Sheree Brown and Paige Griggs.

Both Rosel and Smith moved their securities registration and licenses to LPL last month; Rosel had worked at Edward Jones since 2007 and Smith since 2011.

An Edward Jones spokesperson declined to comment.

"Everything we do revolves around helping people organize their wealth, make smart financial decisions and work toward their goals," Rosel said in a statement.

LPL works with more than 21,000 financial advisors and brokers across its various service models.

Here's how C-Suiters feel about remote work, AI and 'Succession'

Latest News

SEC to lose Hester Peirce, deepening a commissioner crisis
SEC to lose Hester Peirce, deepening a commissioner crisis

The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.

Florida B-D, RIA owner pitches bold long-term plan to sell to advisors
Florida B-D, RIA owner pitches bold long-term plan to sell to advisors

IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.

Fintech bytes: Vanilla, Wealth.com forge new estate planning partnerships
Fintech bytes: Vanilla, Wealth.com forge new estate planning partnerships

Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.

Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions
Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions

A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.

Why the evolution of ETFs is changing the due diligence equation
Why the evolution of ETFs is changing the due diligence equation

As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.

SPONSORED Are hedge funds the missing ingredient?

Wellington explores how multi strategy hedge funds may enhance diversification

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management