LPL Financial, the largest broker-dealer for independent contractor reps, continues to hire and recruit financial advisors to its recently launched breakaway broker-focused channel and said Thursday that James Sheehan and Shawn Tighe had joined the firm from Raymond James & Associates Inc.
Sheehan is based in Charleston, South Carolina, while Tighe works in northern New Jersey. They operate as Sheehan Wealth Management and oversee $450 million in client assets, according to a statement from LPL.
LPL's breakaway advisor unit, called LPL Strategic Wealth Services, has hired 82 advisors from 30 teams, many from wirehouses, since it launched in 2020, according to the company. Strategic Wealth Services financial advisors have $14.3 billion in client assets, according to the company.
Elsewhere in Utah, Raymond James also welcomed another experienced advisor from D.A. Davidson.
A federal appeals court says UBS can’t force arbitration in a trustee lawsuit over alleged fiduciary breaches involving millions in charitable assets.
NorthRock Partners' second deal of 2025 expands its Bay Area presence with a planning practice for tech professionals, entrepreneurs, and business owners.
Rather than big projects and ambitious revamps, a few small but consequential tweaks could make all the difference while still leaving time for well-deserved days off.
Hadley, whose time at Goldman included working with newly appointed CEO Larry Restieri, will lead the firm's efforts at advisor engagement, growth initiatives, and practice management support.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
