Utah duo managing $350 million joins LPL from Commonwealth

Utah duo managing $350 million joins LPL from Commonwealth
Andy Walker and Christen Covey open their own firm, Walker Covey Wealth Advisors, in Orem.
JAN 24, 2022

Andy Walker and Christian Covey, who managed $350 million at a practice affiliated with Commonwealth Financial, have launched their own firm, Walker Covey Wealth Advisors, and affiliated with LPL Financial.

The two, who are based in Orem, Utah, used LPL’s service package for breakaway brokers.

Walker has 18 years of experience, according to his IAPD profile. He had worked at Commonwealth since 2007, and started his career at Northwestern Mutual. Covey had worked at Commonwealth since 2019.

Rebecca McEntire will serve as director of client services for the new firm.

Mutual fund providers respond to popularity of ETFs

Latest News

Mercer Advisors, Osaic deepen AI bets with Arch and Nitrogen deals
Mercer Advisors, Osaic deepen AI bets with Arch and Nitrogen deals

Arch claims 40% operating cost savings for Mercer as Nitrogen unlocks its agentic AI and tech suite to 10,000 Osaic advisors

LPL advisor, South Carolina state senator, elected to U.S. Congress
LPL advisor, South Carolina state senator, elected to U.S. Congress

A happy coincidence: one of LPL Financial’s corporate campuses happens to be based in Rep.-elect Wes Climer’s new district.

Advisor moves: JPMorgan lands $940M Merrill veteran in Los Angeles
Advisor moves: JPMorgan lands $940M Merrill veteran in Los Angeles

Wells Fargo and UBS also add advisors from Morgan Stanley, Edward Jones, Merrill and Fidelity in a fresh round of wirehouse recruiting

Wall Street products, Main Street regulators
Wall Street products, Main Street regulators

How we got here – and what to do about it

Most Americans are OK with AI managing their money - but not how you think
Most Americans are OK with AI managing their money - but not how you think

AI trust gap: Americans want protection, not autonomy, in their finances

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.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor