LPL Financial has added veteran advisor Tom Madigan to its broker-dealer, registered investment advisor and custodial platforms, aligning the longtime UBS advisor with the Thimble Island Private Wealth team through its Strategic Wealth Services program.
Madigan’s practice manages approximately $300 million in advisory, brokerage and retirement plan assets. He will operate within LPL’s supported independence framework, which combines operational resources with entrepreneurial flexibility for transitioning advisors.
Based in Connecticut, Madigan has nearly 25 years of industry experience serving a diverse client base that includes retirees, business owners and professional athletes. His planning approach emphasizes personalized strategies shaped by close client relationships.
“I’ve found the best way to serve my clients is to keep my practice intentionally small so I can really get to know each client and their family,” Madigan said. “By spending that time up front, understanding what keeps them up at night and using a bit of financial psychology, I’m able to build individualized strategies that align with their long-term goals.”
Madigan said cultural alignment and infrastructure support were key drivers behind his decision to leave the wirehouse environment and affiliate with LPL.
LPL’s Strategic Wealth Services offering provides advisors with integrated transition assistance and ongoing operational support, including access to technology, business consulting and marketing resources designed to help firms scale after moving to independence.
Logan Reed, managing director and private wealth advisor at Thimble Island Private Wealth, said Madigan’s client-focused philosophy made him a natural addition to the team.
“We’re delighted to welcome Tom to Thimble Island Private Wealth,” Reed said. “When we connected, it was clear how deeply he cares about his clients, community and family. He has built a very successful practice that focuses on helping clients throughout each phase of life and business owners throughout their careers. We are proud to welcome Tom to our family and support him as he deepens the services he can provide to his clients.”
The recruitment reflects LPL’s ongoing effort to attract experienced advisors seeking greater autonomy while maintaining access to institutional resources and support.
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