Los Angeles-area hybrid managing $500 million switches to LPL from Kestra

Los Angeles-area hybrid managing $500 million switches to LPL from Kestra
Charton Financial Group affiliates with LPL B-D, will use corporate RIA.
JUL 22, 2019
Charton Financial Group, a new Encino, Calif.-based hybrid, has affiliated with LPL Financial's broker-dealer and will use its corporate registered investment adviser. Edward Charton, principal of the firm, had been affiliated with FMS Financial Partners, an affiliate of Kestra Financial Partners, where he managed $500 million in assets. (More: See more adviser moves in InvestmentNews' Advisers on the Move database.) Mr. Charton began his securities career in 1984 at Robert Lau and Co., and joined a predecessor of Kestra later that year.

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