LPL Financial says Seattle First Asset Management has joined its broker-dealer and corporate registered investment advisor platforms. The firm has about $800 million of client assets and formerly worked with Signator Investors.
Founded in 2012 by Steven Jones, the firm’s roots date to 1954 when Floyd Jones, Steven’s father, began work as an an investment advisor The younger Jones became an advisor in 1986. “It was a common discussion around the dinner table. My father was a wonderful mentor,” according to Steven. (Floyd Jones worked with his son until he died earlier this year at age 90.)
“LPL’s technology can help us deliver better service and more value to our clients. The capabilities that come with having an integrated platform were important features as well. Being able to streamline many processes will create a better experience for our clients,” the advisor said.
“We’re excited to have this opportunity to support a second-generation firm like Seattle First,” said Rich Steinmeier, LPL managing director and divisional president, Business Consulting, in a statement.
“We look forward to providing the Seattle First team the tools, expertise and investment solutions that will support their continued growth,” he added.
In other news, Arrow & Bow Wealth Advisors just moved to LPL’s broker-dealer platform and aligned with Good Life Financial Advisors, an independent advisory firm on LPL’s hybrid RIA platform. The Charlotte, N.C.-based group’s members formerly worked with Foresters Financial Services.
Arrow & Bow has about $110 million of client assets. The group was founded this summer by financial advisor Elizabeth Leventis and husband Jason Leventis, who serves as operations manager. It includes wealth advisors Scott Ingold and Deena Wilson, as well as a team of client-service professionals.
“LPL’s capabilities and infrastructure lay a strong foundation for us to deliver on our client-first approach. The firm’s tools and technology make it easier for us to manage our practice, which allows us more time to focus on our clients,” according to Elizabeth.
Raymond James’ New Hires
The broker-dealer added advisor Judy T. Ross, AAMS, to its independent channel from Wells Fargo Financial Network in Woodstock, Georgia, according to Todd Gartrell, Southeast regional director for Raymond James Financial Services.
Ross manages about $245 million in client assets. The group she leads operates as J. Thompson Ross Investments.
“Raymond James’ planning tools and technology capabilities are impressive, and reinforce the firm’s commitment to its wealth management business,” according to Ross.
She has been a financial advisor for more than 25 years and began her career at First Union Brokerage Services, transitioning to A.G. Edwards & Sons in 2001 and remaining with the firm through its acquisition by Wells Fargo. Before working as an advisor, Ross worked in consumer and business banking for 12 years.