Nebraska bank program managing $300 million switches to LPL
Sandstone Wealth and its two advisers were formerly affiliated with Raymond James and Royal Alliance.
Sandstone Wealth Management, the investment program of Geneva, Nebraska-based Heartland Bank, has joined LPL’s Institution Services platform. The program’s two advisers and two assistants, who oversee $300 million in assets, had been affiliated with Raymond James and Royal Alliance.
Sandstone, the new name of the bank program, affiliated with LPL through JFC Advisor Network, a large office of supervisory jurisdiction based in Lincoln, Nebraska.
The two advisers are Tyler Daly, who runs Sandstone, and Mike Theis.
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