Hybrid broker managing $130 million switches to LPL from Amerprise

Joshua Lambert took over his father's Ohio-based business after 15 years.
OCT 01, 2019
Joshua Lambert, who managed $130 million as a hybrid broker at Amerprise Financial in Mount Vernon, Ohio, has affiliated with LPL Financial's broker-dealer and corporate registered investment adviser platforms. [More:​ See more adviser moves in InvestmentNews' Advisers on the Move database.] Mr. Lambert joined his father, John, in the family's business — the Lambert Investment Group — in 2004. His father founded the firm in 1984, and the younger Mr. Lambert took it over in 2012. [Recommended video:​ Advisers should discuss ESG with wealthy clients before someone else does] The firm's client base consists mostly of middle-class workers, small business owners and retirees in their hometown, which is northeast of Columbus.

Latest News

Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans
Advisor moves: Atlas tops $1B as Wells Fargo, UBS add bank veterans

Wells Fargo adds two bank-channel recruits, UBS lands a JPMorgan Chase veteran, and a multi-family office lifts Atlas past $1B

Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state
Advisor mom’s son used her password to log into clients’ accounts, sell deal with conflicts, according to Washington state

“The state comes down on you in years when you make 40% returns for clients,” said Bill Swayne, the advisor and son of Candace Swayne.

Osaic in talks with Anthropic as AI reshapes advisor workforce
Osaic in talks with Anthropic as AI reshapes advisor workforce

The Independent broker-dealer giant has had “active conversations” with the Claude maker, which is days away from its expected IPO

The retirement milestone advisors aren't tracking
The retirement milestone advisors aren't tracking

For Gen X clients entering life after work, answering the financial question isn't enough to solve the entire retirement equation.

Wealthtech firms target stock pay, pensions and heirs for advisors
Wealthtech firms target stock pay, pensions and heirs for advisors

Tools from Grantd, Income Lab and Healthspan Wealth aim to keep RIAs involved in clients’ biggest money decisions

SPONSORED Best Practices for Engaging Women Around Alternatives

Growing wealth, evolving priorities, and untapped opportunities are reshaping how women approach long-term investing.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.