$870M Ex-Kestra Financial Team Hops to LPL Financial

LPL Financial has nabbed a financial advisory team, which was previously affiliated with Kestra Financial, where they oversaw $870 million in advisory, brokerage, and retirement plan assets. 

Southbury, CT-based True Compass Advisors, founded by CEO Jared White, offers financial planning, legacy planning, investment management, tax and estate planning, and plans to add risk management to its lineup. 

The team includes COO Karin Hubbard and advisors Harrison Graham and Laura Maguire and is supported by Gianna DeAngelis, Lori Maxey, Leigh Waters and Debora Eschmann. 

“Every client relationship begins with listening,” said White. “Our work starts with understanding what our clients are trying to accomplish and ensuring every piece of their financial lives is working together,” White said. 

White and his team transitioned from Kestra to LPL because of its technology, planning capabilities, advisor network, and flexibility, the firm said. 

Additionally, White was previously affiliated with LPL as an investment strategist from 2009 until 2012, according to his LinkedIn profile. 

Recently, the broker-dealer added a financial advisory team, which was previously affiliated with UBS Wealth Management, where they oversaw $330 million in advisory, brokerage, and retirement plan assets, to its W-2 channel to launch Winter Haven, FL-based Paxara Wealth Partners. 

LPL serves over 32,000 advisors, including advisors at approximately 1,100 institutions, and custodies roughly $2.3 trillion in brokerage and advisory assets, the firm said. 

Pictured: Jared White