LPL Financial on Tuesday said it had recruited a four-person team of advisers who will be based in Petaluma and Pleasanton, California, and Scottsdale, Arizona.
Clearview Wealth Partners is led by managing partners and co-founders Bill Roland and Jim Westermeyer, who are joined by fellow financial advisers Ashley Sawyer and Mike Lemas and a four-member office support staff. The Clearview team served approximately $500 million in advisory, brokerage and retirement plan assets, according to a statement by LPL.
Before moving to LPL, all four advisers were registered with Lincoln Financial Advisors Corp., according to their BrokerCheck profiles. They changed firms Nov. 8.
Clearview Wealth Partners is aligned with The Financial Services Network, an existing LPL large enterprise.
The latest powerhouse group to leave Osaic is moving at an interesting time, with Commonwealth is set to be absorbed by IBD behemoth LPL.
However, in its note, Citi Research did not cite a direct competitor making inroads in hiring Commonwealth advisors.
Compared to municipal bond strategies alone, those that incorporate a broader set of taxable bonds could offer a good mix of income and stability.
Carson Wealth is strengthening its Colorado presence, while Bluespring's move in Texas will create a new $1.4 billion firm.
With Main Street investors now able to trade as fast as some qualitative hedge funds, seismic changes could be ahead for the larger equity market.
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.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
