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.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
