Raymond James snags $285 million team from LPL in Rochester, N.Y.

Raymond James snags $285 million team from LPL in Rochester, N.Y.
Legacy Financial Planning was affiliated with LPL Financial for nearly six years.
OCT 16, 2018

Raymond James has snagged a $285 million team from LPL Financial in Rochester, N.Y. The team, which operates as Legacy Financial Planning, includes financial advisers Tamar "Tammy" Mogilski and Brian Bedford. They have offices in Shelton, Conn., and Oswego, N.Y., in addition to their headquarters in Rochester. Ms. Mogilski has worked in financial services for more than 30 years. She was affiliated with LPL for nearly six years and, prior to that, she worked at MetLife Securities Inc. for approximately 25 years, according to her profile in Finra BrokerCheck. Mr. Bedford worked more than 15 years in the industry, specializing in retirement planning and wealth management. Prior to affiliating with LPL with Ms. Mogilski, Mr. Bedford was employed at MetLife since 2000, according to BrokerCheck. Ms. Mogilski and Mr. Bedford started Legacy Financial Planning while at MetLife. After affiliating with LPL Financial in 2012, they took the firm independent, according to a press release. Martha Trumbull joins them as office manager. The team also includes Samuel Zito, investment consultant, Lisa Mercadel, client service manager, Kaitlyn Kuder, client relations associate, and Shayne Mogilski, digital marketing associate. (More: Is the worst over for Wells Fargo Advisors?)

Latest News

Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment
Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment

Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.

RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut
RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut

Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.

Private equity eyes 401(k) plans, but fees remain a hurdle
Private equity eyes 401(k) plans, but fees remain a hurdle

Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.

IRS floats proposal ending tax breaks for schools that weigh race
IRS floats proposal ending tax breaks for schools that weigh race

Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.

Trust over tech:  The hidden signal of stock success in the AI era
Trust over tech: The hidden signal of stock success in the AI era

Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income