Hybrid managing $150 million switches to LPL from Kestra

Chesapeake Investment Planning is based on an island in the bay.
SEP 26, 2019
Chesapeake Investment Planning, a hybrid firm managing $150 million in assets, has switched its RIA and broker-dealer affiliations to LPL Financial from Kestra Financial. President Todd Wilhoit founded the business in 2009, using LPL until 2013. He and his team decided to return to LPL this year after learning about its ClientWorks technology platform and the firm's service enhancements. [Recommended video: Financial planning wasn't even a thing 50 years ago]​ Joining Mr. Wilhoit in the move are fellow financial advisers Jay Bogaczyk, Jeremy Meyer, Tommy Painter and Adair Tyle, who all started their careers in the banking industry. The firm is based in Stevensville, Md., which is a small island in the Chesapeake Bay 30 minutes from Washington. [More: See more adviser moves in InvestmentNews' Advisers on the Move database.]

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