North Carolina team managing $380 million joins LPL from Truist

North Carolina team managing $380 million joins LPL from Truist
Benjamin Link and Steve Sexton, who are forming Vero Wealth Management in Greensboro, are the 25th team to join LPL’s Linsco platform.
SEP 26, 2022

LPL Financial announced Monday that a team of advisers managing $380 million in North Carolina that previously was affiliated with Truist Investment Services is joining LPL’s Linsco.

Benjamin Link and Steve Sexton are forming Vero Wealth Management in Greensboro; it will be LPL’s second office in that city.

Vero Wealth Management is the 25th team to affiliate with LPL via Linsco, its platform for employee advisers, according to a statement from LPL.

Link and Sexton are joined in the move by staff members Tracie Lucas and Shirley Sohmer.

Link and Sexton teamed up at Truist six years ago. Link has 18 years of experience, according to his BrokerCheck report, having started his career at Legg Mason Wood Walker in 2003. Sexton has 28 years of experience and started on the insurance side of the business at Jefferson-Pilot Investor Services in 1994, followed by 11 years at Lincoln Financial.

“LPL is focused on supporting advisors and helping them be successful. We appreciate all of the vast resources that we now have available to help us serve clients better,” Link said in the statement. “We will be optimizing our practice with efficient technology, all synchronized so it works beautifully together."

'IN the Office' with executive coach and author Daisy Dowling

Latest News

Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment
Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment

Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.

RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut
RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut

Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.

Private equity eyes 401(k) plans, but fees remain a hurdle
Private equity eyes 401(k) plans, but fees remain a hurdle

Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.

IRS floats proposal ending tax breaks for schools that weigh race
IRS floats proposal ending tax breaks for schools that weigh race

Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.

Trust over tech:  The hidden signal of stock success in the AI era
Trust over tech: The hidden signal of stock success in the AI era

Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income