LPL Financial's San Diego campus.

LPL Financial shared a list of advisors and teams that choose to affiliate with its platform in the final three months of 2017 on Thursday. These recruiting efforts resulted in a total of 125 advisors with at least $2.9 billion and as much as $6.1 billion in total client assets moving to the independent broker-dealer in the fourth quarter.

In the category of advisors and teams with over $100 million in assets, a group of 23 advisors previously affiliated with Cetera Investment Services switched to LPL, as did a team of 11 reps working earlier with Invest Financial.

Another 13 advisors and teams moved to LPL in this asset category from Cetera Advisor Networks, Edward Jones, Wells Fargo and other firms. The total asset level these 47 advisors could bring to LPL is at least $1 billion.

In the $50 million to $99 million asset category, 40 advisors (including four teams) decided to affiliate with LPL in the fourth quarter. This includes eight FAs from Wells Fargo, five from Edward Jones, five from Waddell & Reed and two from Merrill Lynch.

The range of total assets news reps in this group could add to LPL’s platforms is between about $1.8 billion to $3.6 billion.

In the $30 million to $49 million group, 38 advisors (including seven teams) moved to the independent broker-dealer with a combined asset range of $93 million to $1.5 billion. In this category, six joined from Edward Jones, five from Wells Fargo, three from Merrill Lynch and the rest from other broker-dealers. 

LPL does not disclose a specific asset level for advisors and teams joining it, but the IBD does provide a breakdown of new advisors and teams grouped in three asset categories.