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Financial Planning > Behavioral Finance

Where LPL’s Latest Recruits Moved From

By Janet Levaux

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LPL Financial (LPLA), which added just 18 net advisors in the full-year 2015, said Wednesday that those reps joining the firm in the fourth quarter include 86 advisors with $30 million or more in client assets.

Among these additions are eight advisors from Ameriprise (AMP), five advisors from JPMorgan (JPM), four advisors from Bank of America Merrill Lynch (BAC) and three reps from Wells Fargo Advisors (WFC). Most advisors came from a variety of independent and other broker-dealers, such as the Cetera Financial Group and broker-dealers formerly owned by AIG.

“As the marketplace experiences a continued shift toward independence, LPL remains a leading destination for advisors,” said Bill Morrissey, head of business development, in a statement. “We find that advisors are evaluating not only a platform that can serve the best interests of their clients but also resources that will deliver results for their businesses. We have been winning because LPL easily stands out from our competitors because of the capabilities we provide in research, technology, risk management and practice management.”

In terms of assets under management, LPL added 20 reps that service assets of $100 million or more.

Its total affiliated-advisor headcount as of Dec. 31 was 14,054.

Most of the newly affiliated FAs have client assets of less than $100 million: 29 manage between $50 million and $99 million, and 37 work on assets of between $30 million and $49 million.

In addition, LPL’s list of new reps features 10 female advisors.

Read on for the full list of affiliated reps recruited in Q4’15:

$100 million and up

  • Jeffrey Ackler, Tavares, Fla. (Charles Schwab & Co. Inc.)
  • Sherri Beabout, David Sharp, Lafayette, Ind. (Cetera)
  • Ronald Case, Syracuse, N.Y. (Cadaret, Grant & Co.)
  • Susan Coy-Kamph, Minverva, Ohio (Huntington Investments)
  • Andrew Denney, Springfield, Mo. (Cambridge Investment Services)
  • Larry DeNoia, Daniel Giaimo, Joseph Kelly, Patrick Lennon, Peekskill, N.Y. (NFP Securities Inc.)
  • Patrick Harrigan, Crestview Hills, Ky. (US Bancorp Investments LLC)
  • Tim Hill, Seattle (Planmember Securities Corp.)
  • Jeffrey Kocis, John Kinsella, Richard Rohlfing, Oakbrook Terrace, Ill. (Merrill Lynch)
  • Jeremy Lewis, Bradley Hoyt, Ben Kohls-Chase, Noelle Seipp, Spokane, Wash. (Waddell & Reed)
  • James Lowry, Huntersville, N.C. (Capital Guardian)
  • Scott Piggush, Manteno, Ill. (Raymond James)
  • Fred Schellpeper Jr., Norfolk, Neb. (Ameritas Investment Corp.)
  • Stephen Schlichter, King of Prussia, Pa. (FSC Securities Corp.)
  • Lisa Strohm, Center Valley, Pa. (JoycePayne Partners)
  • Matthew Washek, Eric Lazzari, Framingham, Mass. (Capital Securities Management)
  • Katie Weibel, Orchard Park, N.Y. (M&T Securities)
  • Nathan White, Lafayette, Calif. (M Holdings Securities)
  • Nicholas Wiedrich, Jonathan Haugen, James Frigstad, Bismarck, N.D. (Thrivent Investment Management)
  • Kirk Wilkerson, Andrew Lubben, Alpharetta, Ga. (Ronald Blue & Co.)

 $50 Million-$99 Million

  • Anthony Arcuri, Charlottesville, Va. (Wells Fargo Advisors)
  • George Christie Jr., Syracuse, N.Y. (Cadaret Grant & Co.)
  • Jason Coutcher, Petoskey, Mich. (Fifth Third Securities)
  • Ellis De Jesus, Tampa, Fla. (USAA Financial Advisors)
  • Lee Edson, Spicewood, Texas (Sagepoint Financial Inc.)
  • Jorge Escobedo Jr., Austin, Texas (Cetera Investment Services)
  • Jeremy Evans, Cranberry Township, Pa. (PNC Investments)
  • Richard Feauve, Bethlehem, Pa. (American Portfolios)
  • Robert Georgiou, Joseph Koury, Coral Springs, Fla. (Securian Financial Services)
  • David Hatfield, Dover, N.H. (CCO Investment Services)
  • Richard Hope, Columbia, Md. (Lincoln Financial Services)
  • Nicole Jervis, Warren, Ohio (Huntington Investments)
  • Robert Leach, Los Gatos, Calif. (Wells Fargo Advisors)
  • Peter Light, Freeport, Maine (RBC Cap Markets Corp.)
  • Robert Mafera, Marshfield, Mass. (Ameriprise Financial Services)
  • Keith Martel, Calabasas, Calif. (J.P. Morgan Securities)
  • Jason Moore, Beavercreek, Ohio (PNC Investments)
  • Michael Napoli, Los Gatos, Calif. (Wells Fargo Advisors)
  • Thomas Neess, Alan Runkel, William Thompson, Mason, Ohio (Sterne Agee)
  • Jack Perry, Indianapolis (City Securities Corp.)
  • Jared Powell, Johnstown, Colo. (Waddell & Reed)
  • Edward Quirk, Braintree, Mass. (Citizens Securities)
  • Gary Saginor, Boca Raton, Fla. (Investments by Planners Inc.)
  • Pat Sharp, Knoxville, Tenn. (First Tennessee Bank)
  • Kelly Smith, Mesquite, Nev. (J.W. Cole Financial)
  • Mark Sternburg, Brookfield, Conn. (Peoples Securities)
  • Matthew Warren, Princeton, N.J. (Ameriprise Financial Services)
  • Robert Withers, Minnetonka, Minn. (Merrill Lynch)
  • Susanne Zito, Sacramento, Calif. (J.P. Morgan Securities)

 $30 Million-$49 Million

  • Daniel Ascani, Jupiter, Fla. (Ameriprise Financial Services)
  • Robert Barber, Fresno, Calif. (Morgan Stanley)
  • Kevin Barletta, Hawthorne, N.Y. (Ameriprise Financial Services)
  • Dan Berryman, Medford, Ore. (J.P. Morgan Securities)
  • Matthew Brand, Southfield, Mich. (J.P. Morgan Securities)
  • John Burnette, Vestavia Hills, Ala. (Ameriprise Financial Services)
  • Stephen Colonna, Quincy, Mass. (Signator Investments Inc.)
  • Howard Dal Monte, Mesa, Ariz. (Wells Fargo Advisors)
  • Christopher Davis, Bentonville, Ark. (Edward D. Jones & Co.)
  • John Donnelly, Plymouth, Minn. (Transamerica Financial Advisors)
  • Roger Fishel, Atlanta (Securian Financial Services)
  • Scott Foties, Corona, Calif. (Edward D. Jones & Co.)
  • Jair Gamiz, Round Rock, Texas (J.P. Morgan Securities)
  • Max Hangartner, San Diego (Union Banc Investments)
  • James Hawryluk, Sugar Land, Texas (Sagepoint Financial Inc.)
  • Ty Hensley, Charlotte, N.C. (Cetera Advisor Network)
  • Gerald Hughes, Claremont, Calif. (D.A. Davidson & Co.)
  • Anthony Iuso, Summit, N.J. (Wells Fargo Advisors)
  • Ryan Mackinder, Macomb Township, Mich. (J.P. Morgan Securities)
  • Edward Marinucci, Hingham, Mass. (Bolton Global Capital)
  • David Medlin, Colleyville, Texas (Ameriprise Financial Services)
  • Michael Nedreski, Erie, Pa. (Cambridge Investment Services)
  • Dianne Paroubek, Flower Mound, Texas (Merrill Lynch)
  • Dwight Peterson, Danville, Calif. (National Planning)
  • Timothy Picciott, Peoria, Ariz. (Waddell & Reed)
  • Steven Pinedo, Modesto, Calif. (American Investors Company)
  • Cathy Reynoso, Topeka, Kan. (Merrill Lynch)
  • Sean Rooney, Rockville Centre, N.Y. (Oppenheimer & Co.)
  • Ross, Columbia, Md. (Lincoln Financial Securities)
  • Jeremy Rufener, Warren, Ind. (Edward D. Jones & Co.)
  • Susan Saleem, Sugar Land, Texas (Ameriprise Financial Services)
  • Timothy Sallee, Springfield, Mo. (Cetera Advisor Network)
  • Edward Smith, Boulder, Colo. (Merrill Lynch)
  • Scott Stevens, Morristown, N.J. (Mutual of Omaha Services)
  • James Sumpter, Vestavia Hills, Ala. (Ameriprise Financial Services)
  • Richard Tarbell, San Antonio (Ameriprise Financial Services)
  • Michael Tarrant, Atlanta (Invest Financial)

— Check out 10 Best & Worst Broker-Dealers: Q4 Earnings, 2015 on ThinkAdvisor.

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