LPL Financial announced Wednesday that Individual Financial Services, a firm in Western Pennsylvania that manages $400 million in assets, is rejoining LPL from Cambridge Investment Research Inc.
Individual Financial Services is based in Wexford, which is north of Pittsburgh. The team includes managing partner Neil Pettes, who joined the firm in 1994, founding partner Martin Mancuso, who started the firm in 1971, and three staffers.
Pettes said in a statement that the firm was returning to LPL with its clients’ interests in mind.
“It’s a different LPL than we left in 2015, and I’m excited about the company’s technology evolution that will help us serve our clients more efficiently and effectively,” he said. "ClientWorks has been enhanced with more personalization opportunities and integrated capabilities. Additionally, software like Account View and simplified statements will give our clients easier access to their information.”
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