Randall Pickett, who managed $180 million at Oppenheimer & Co. in Dallas, Texas, has joined Linsco, the employee channel of LPL Financial.
Pickett, who started his career as an institutional bond salesman, has nearly 35 years of experience and was with Oppenheimer for 13 years.
Pickett and wealth associate Leslie Stephenson, who have worked together for more than six years, launched The Pickett Group of LPL Financial in an effort to better support their clients’ unique goals and values, LPL Financial said in a press release Thursday.
The Pickett Group of LPL Financial will be the second team to join the Linsco office in Dallas, following Bespoke Private Wealth of LPL Financial, which launched last month. The office will have space for several more advisers in the future and is expected to become one of Linsco’s larger sites.
Use of the technology is growing and asset managers see transformative benefits.
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"Im glad to see that from a regulatory perspective, we're going to get the ability to show we're responsible [...] we'll have a little bit more freedom to innovate," Farther co-founder Brad Genser told InvestmentNews.
Former advisor Isaiah Williams allegedly used the stolen funds from ex-Dolphins defensive safety Reshad Jones for numerous personal expenses, according to police and court records.
Taking a systematic approach to three key practice areas can help advisors gain confidence, get back time, and increase their opportunities.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.