LPL adds $350 million team after bank merger
CenterState wealth management program includes eight advisers
LPL Financial Inc. said the wealth management team from CenterState Bank in Winter Haven, Florida, will be using LPL’s Institution Services after CenterState merged with South Carolina-based South State Bank, which was already an LPL client.
CenterState, which has about $350 million in assets, previously was affiliated with NBC Securities, LPL said in a release.
CenterState’s wealth management program includes eight advisers and five staff members. South State’s wealth management unit has more than 40 employees.
According to the release, the combined team will serve clients in six states: Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia.
See the latest Advisers on the Move here.
Learn more about reprints and licensing for this article.
