$866M Wealth Team Joins LPL-Affiliated Firm

Northstar Wealth Partners (NSWP), an affiliate of LPL Financial (LPLA), said it recently added a team of fee-based advisors who manage more than $866 million in assets.

The addition of Tyler Potts and J. Addison McAraw, announced on the partnership’s website last week, brings Northstar’s level of assets under management to nearly $2 billion. In addition, Northstar says it will open a new office in the Old Saybrook area of Connecticut, where the newly recruited team lives and works.

“The addition of this team to the Northstar family further demonstrates the firm’s commitment to being the independent financial services firm of choice for elite advisors who call Connecticut home,” the partnership said in an online announcement.