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Financial Advisory  + RIAs & Financial Advisors  | 
Former Voya Advisory Team with $225M in Assets Heads to LPL

Former Voya Advisory Team with $225M in Assets Heads to LPL

LPL Financial announced that Legacy Financial Group, an advisory firm overseeing $225 million in assets, has joined LPL’s broker-dealer, RIA and custodial platforms from Voya Financial Advisors.

Albuquerque, NM-based Legacy Financial Group was founded in 1995 by Cris Giron, who had “started his financial planning career cold calling potential clients,” and Eddie Fernandez, at the time working at “a local prominent CPA firm” doing traditional accounting services, according to LPL.

“As a Financial Planner, it was important for us to align ourselves with a company that focuses on fiduciary status in how they operate while maintaining our independence,” said Fernandez.

Legacy now has three more advisors, Mario Torres, Antavius Greathouse and Bill Niemeier, and six support staff that provide advisory, brokerage and retirement plan services.

LPL recruited other advisors from Voya over the past two years, including Ascend Wealth Management, an all-woman team based in Michigan managing $210 million in assets as well as Brian M. Woods Financial Services, a Massachusetts-based office of supervisory jurisdiction with 30 financial advisors overseeing $1.6 billion.

LPL has more than 21,000 financial advisors, including advisors at about 1,100 enterprises and at about 500 registered investment advisor firms across the country.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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