A long-established partnership of financial advisors has taken the next step on its journey by joining LPL Financial’s broker-dealer, RIA and custodial platforms from Fulton Financial Advisors, part of Raymond James.
The duo of financial advisors — Colleen Schuler and John Gibson — have worked together for 15 years and set up their independent practice, Gibson Schuler Wealth Advisors, in Arundel County, Maryland.
They have served approximately $205 million in advisory, brokerage, and retirement plan assets and interviewed several wealth management firms before making their decision to join LPL.
“There’s a reason LPL serves nearly 22,000 financial advisors,” Schuler said. “We look forward to providing our clients with a best-in-class experience thanks to LPL’s streamlined and integrated technology, innovative tools and comprehensive support. Everything LPL offers confirms its commitment to taking care of advisors so we can focus on what’s most important — our clients.”
LPL has seen a steady stream of advisors and firms joining its ranks this year including a $650 million advisor from Morgan Stanley, and teams from Merrill Lynch, Edward Jones, Wells Fargo, Ameriprise, and Cetera among others.
The wealth tech platform says its newly secured patent represents crucial advances in digitizing outdated manual processes.
Financial advisors offer their thoughts on the President's widely anticipated executive order to open retirement accounts to private market assets.
The SEC says First Liberty lured investors with high-yield promissory notes, then used fresh cash to cover defaults and interest owed to earlier investors.
The agency's decision to stay the approval process just hours after signing off highlights ongoing ambiguity for new crypto-focused ETF offerings.
Meanwhile, Cetera has boosted its own recruitment numbers with new additions from LPL and Osaic.
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.