LPL Financial LLC, one of the key leaders in the retail investment advisory sector, continues to expand its portfolio with the addition of multiple high-profile financial advisors groups. In recent turn of events, LPL welcomed the Latus Group, Zambri Financial, and GER Loftin Wealth Advisors to their broker-dealer, RIA and custodial platforms.
In the first of these acquisitions, LPL Financial took onboard financial advisors David Segarra, AIF, CPFA, and Sean Sullivan of Latus Group, Ltd. as announced on January 29, 2024. Previously associated with Centaurus Financial, Inc. the pair bring with them an advisory, brokerage and retirement plan assets portfolio reportedly worth approximately $320 million.
On November 13, 2023, the firm publicly welcomed Anthony S. Zambri, CFP, CLU, ChFC, APMA and his son Anthony V. Zambri, APMA to LPL’s employee advisor channel to launch Zambri Financial. Departing Ameriprise, the Zambris reported having managed approximately $180 million in advisory, brokerage, and retirement plan assets.
Adding further to its dynamic portfolio, LPL also announced the addition of GER Loftin Wealth Advisors to its platforms on November 6, 2023. Joining from United Planners Financial Services, the group brought with them an asset portfolio in the advisory, brokerage and retirement plan sectors valued at approximately $225 million.
These moves signal LPL Financial’s concerted effort to strengthen its service offerings and expand its reach in the financial advisory industry. With the addition of such high-profile financial groups, LPL maintains its trend of steady growth and market dominance.
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