LPL nabs $745 million Wells Fargo Advisors team

LPL nabs $745 million Wells Fargo Advisors team
Winget Benton Wealth Management is comprised of advisers Al Winget, Rob Benton and Andrew Robson. The advisers are moving to LPL's recently launched employee adviser channel.
NOV 15, 2021

LPL Financial on Monday said it had recruited a three-person team of financial advisers that will work in a new office in Charlotte, North Carolina.

Winget Benton Wealth Management is comprised of advisers Al Winget, Rob Benton and Andrew Robson, and has $745 million in advisory, brokerage and retirement plan assets, according to a statement by LPL.

Before moving to LPL, Winget and Benson had each worked at Wells Fargo Advisors and its predecessor Wachovia Securities since 2005, while Robson had worked at Wells Fargo Advisors since 2015, according to their BrokerCheck profiles. They changed firms last Wednesday.

The advisers are moving to LPL's recently launched employee adviser channel.

LPL recently introduced a new recruiting deal for employee advisers that has two parts. The first is an initial signing bonus of up to 150% of an adviser’s prior-year total revenue when the adviser or team walks in the door; the second is based on the adviser’s assets.

Latest News

Volatility: Best and worst of times
Volatility: Best and worst of times

Large broker-dealers and registered investment advisors have, since 2020, been developing or sticking to strategies and tactics to combat the pain of intense, short-term market volatility

Want to win in the advisor wars? Then make sure you’re offering plenty of choices
Want to win in the advisor wars? Then make sure you’re offering plenty of choices

Centaurus Financial touts its independence as a key selling point at a time when many firms are being swallowed up.

Advisors cut retiree regrets in half, but just one in four Americans use one
Advisors cut retiree regrets in half, but just one in four Americans use one

New TIAA Institute research finds professional guidance narrows the gap between retirement dreams and reality.

Cost of healthcare in retirement rises to $185,500, Fidelity estimates
Cost of healthcare in retirement rises to $185,500, Fidelity estimates

Annual benchmark climbs 7.5% as advisors lean on HSAs to help clients close the gap.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income