LPL Financial Adds $425M Team From RBC Wealth Management   

LPL Financial announced it has lured a San Diego, California-based advisory team to join its broker-dealer, registered investment advisor, and custodial platforms from RBC Wealth Management. 

The team, EverMark Investment Partners, joined Strategic Wealth, LPL’s 1099 channel, and oversees more than $425 million in advisory, brokerage, and retirement plan assets, according to the announcement. The team officially joined LPL on June 4, an LPL spokesperson confirmed. 

EverMark, led by financial advisors Matthew Sweeney, John Folsom, and Tanner Carter, along with senior investment associates Nomah Cronk and Kristin Garnica, offers estate planning, investment management, financial planning, and tax strategies, according to the firm’s website. 

“LPL’s Strategic Wealth model is unlike anything else in the market today,” Folsom said in a statement. “It takes the best aspects of being RIAs — owning our own business, our client relationships belonging to us, choice in technology and services, optimal succession solutions — and packages it with an outstanding process to help us set up our business for success from day one.” 

EverMark Investment Partners becomes the 50th advisory team to join Strategic Wealth. In March, announced the addition of Carnegie Private Wealth, a Charlotte, NC-based team that oversees approximately $1 billion in assets. 

Last October, LPL’s Strategic Wealth added Air Capital Wealth Management, a $685 million Wichita, KS-based practice. 

LPL serves over 23,000 advisors, including advisors at approximately 1,000 institutions and about 580 registered investment advisor firms across the country.

Pictured: EverMark Investment Partners