LPL Welcomes Octet of Florida Advisors
LPL Financial announced that a group of eight financial advisors from St. Petersburg, FL, have joined their broker-dealer, RIA, and custodial platforms. The advisors, Michael Collins, Jim Spicer, Ryan Roy, Gary Hummel, Robert Torris, David Zaccagnino, Steven Laesser, and Mark Wolf, along with registered assistant Logan Wolf, transitioned from Raymond James, bringing approximately $450 million in advisory and brokerage assets.
The advisors, who offer portfolio management, retirement income, tax planning, education funding, estate planning and more, operate independently, LPL said.
The transition was spurred by the desire to “gain more control of their future,” LPL said.
“We were seeking a partner that could help us elevate our service offering so we can continue to give clients what they need and deserve,” said Collins, who previously served as branch manager. “We are now empowered to decide what tools we want to use without corporate influence or mandates.”
This is the third Raymond James departure to LPL this month. The San Diego-based firm welcomed Morristown Wealth Management, a NJ-based family practice with approximately $340 million in assets. LPL also added The Noble Group, a $2.1 billion Sugar Land, TX-based wealth management firm.
