$635M Davis Executive Wealth Joins LPL’s Strategic Wealth Platform

LPL Financial has added Davis Executive Wealth, a Norwell, Massachusetts-based advisory team managing approximately $635 million in assets, to its Strategic Wealth platform after departing Steward Partners.

The move brings a nationally active practice serving C-suite executives, entrepreneurs, business owners, and high-net-worth families to LPL’s independence platform, with a particular focus on complex tax, estate, liquidity, and generational planning needs.

Davis Executive Wealth is led by Timothy Davis, Senior Managing Partner, and includes Managing Partners Michaelyn Bortolotti and Michael Carilli, alongside Edward Neibert and Henry Brown in client service and operations roles. The team serves clients across the East Coast as well as Houston, Denver, and Chicago markets.

Davis pointed directly to LPL Strategic Wealth’s infrastructure for complex client needs as the deciding factor. “Strategic Wealth was the clear differentiator,” he said. “The model provides a competitive advantage in how we deliver sophisticated planning solutions, particularly around tax and estate considerations, while allowing us to remain focused on our clients and the continued growth of our business.”

LPL Strategic Wealth provides transitioning teams with ongoing operational support through a dedicated group that includes a business strategist, marketing partner, CFO, and administrative assistant.

“We’re proud to welcome Davis Executive Wealth to LPL,” said Marc Cohen, Chief Growth Officer at LPL Financial. “Tim and his team have built a highly disciplined, client-first practice serving complex investors with sophisticated needs.”

Pictured: DEW group