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Financial Planning > Behavioral Finance

LPL Nabs $350M Ameriprise Team: Recruiting Roundup

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LPL Financial recently recruited a team with $350 million from Ameriprise Financial, Canal View Financial Advisors of Pittsford, N.Y. 

The group includes seven advisors with a total of about 150 years of industry experience: Richard Oaster, Chris Ginther, Kimberly Anderson, Vladimir Boulatnikov, John Kramer, Sandy Romeo and Ashley Standish.

“We put a heavy focus on financial planning, working one-on-one with clients to understand their unique financial situations and define their personal goals. Then we devise a plan to help pursue those goals,” according to Oaster, who founded the practice in 2009 with Ginther.

The team is focused on growth — via M&As and other means. “We’d like to see our business move to a billion dollar firm within the next 10 years, and we see that happening through acquisition as well as organic growth,” explained Oaster in a statement. 

Meanwhile, LPL said Pat Gilmore, CFP, has joined the firm with some $125 million in from Sagepoint Financial, part of Advisor Group. He has been an advisor for 25 years and was with Sagepoint for over a decade. 

“I’m very excited about joining LPL Financial, especially with the firm’s increasing investments in technology. I can tell that LPL is listening to what advisors want and need … ,” according to Gilmore. 

He founded Wayne, N.J.-based PGA Financial Group in 1996.

Commonwealth Update

In addition, Commonwealth Financial Network recruited an LPL group in Hannover, Massachusetts, that works with about $225 million and does business as BostonPremier Wealth. It includes partners Mark Bossey, CFP, and Ryan Marini; advisors Joshua Grieves, CFP, and Geoff McCarthy (of sister firm Peloton Wealth Management of Concord, Massachusetts).

“I very much view Commonwealth as an extension of our firm,” according to Bossey. “Commonwealth is a true partner for us, a resource that will add to the value that we bring to our clients every day.

Stifel News

Stifel Financial recruited an advisor with $130 million from Merrill Lynch in Dallas. Steve Lipp has19 years of industry experience and spent the past eight at Merrill.

Lipp will work in Stifel’s Dallas Private Client Group office until the firm opens a new office in nearby Frisco, Texas.  

“Stifel has become the firm of choice for advisors looking to make a move in the Southwest,” said Bob Johnson, regional managing director for Stifel’s Southwest Region, in a statement. “They are attracted to the autonomous culture, advanced advisory platform, and an environment that promotes clients’ best interests,,” 


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