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Wells Fargo duo managing $205 million goes indie with LPL

lpl $205 million

Encore Capital Management, based in Glendale, California, affiliated with LPL Financial through the Financial Services Network, an OSJ on the LPL platform.

Ara Mekhitarian and Leonardo Aguilar, who managed $205 million at Wells Fargo Advisors, have formed Encore Capital Management and affiliated with LPL Financial through the Financial Services Network, an office of supervisory jurisdiction on the LPL platform.

The two, who have worked together for more than a decade, are based in Glendale, California, LPL Financial said in a press release Thursday.

[MORE: People’s United Bank joins LPL platform]

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