Recruiting news slowed down a bit in the week before the Christmas holiday. This past week, though, the news includes advisors departing from a broker-dealer affiliated with Advisor Group, which is now buying Ladenburg Thalmann and its BD network.
LPL Financial says it has recruited a group of seven financial advisors affiliated with Royal Alliance — CPC Financial Planning, which works with about $390 million in client assets.
Based near Philadelphia, CPC Financial includes Rich Capasso, CFP; Earl Clairmont, CFP; John Paciello, CFP; Andy Gilinsky, CFP; Charlie Wilensky, CFP; Rick Clairmont; and Frank Imperial.
Each of the advisors is also a certified public accountant affiliated with Clairmont, Paciello & Co. They have three staff members.
“We are glad to be a part of LPL and look forward to future growth with the firm,” according to Capasso, who was with Royal Alliance for the past 22 years.
“LPL’s ClientWorks technology is aligned with our clients’ needs and growing expectations. We are eager to begin using the Client Goals tool in ClientWorks Connected to help us have meaningful conversations as we map out our clients’ financial goals and objectives,” he added.
Wells Fargo Advisors Financial Network, the firm’s independent channel, says it recently added three advisors, including one from Royal Alliance.
Chad Zimmerman, formerly of RBC Wealth Management, has joined Northstar Financial Group of West Fargo, North Dakota, an independent practice affiliated with FiNet. Zimmerman has 20 years of industry experience and manages about $127 million in client assets.
Kerry Hemphill, earlier affiliated with Royal Alliance, is now part of Seventy2 Capital Wealth Management near Washington, D.C. Hemphill started his career 26 years ago manages about $90 million.
Jason Messineo, formerly of Edward Jones, has signed on with Alpha Pointe Capital, also near Washington, D.C. Messineo brings about seven years of industry experience and works with $27 million.
William Cerynik, senior wealth manager and director of business development for Ashton Thomas Private Wealth has been elected to the OneFPA Advisory Council’s executive committee. Cerynik is also a board-member-at-large of the FPA of Greater Phoenix chapter.
FPA has a national network of 86 chapters, who have each appointed a liaison to a newly-formed OneFPA Advisory Council. Its other executive committee members include:
- Catherine Seeber, CFP, of the FPA of the Philadelphia Tri-State Area;
- Kris Tower, CFP, of the FPA of Colorado;
- Christopher Boyd, CFP, of the FPA of Massachusetts;
- Byrke Sestok, CFP, of the FPA of the Greater Hudson Valley;
- Craig Carnick, CFP, of the FPA of Southern Colorado; and
- Autumn Campbell, CFP, representing the FPA NexGen community
“We are pleased to continue our firm’s commitment to FPA’s success,” Ashton Thomas CEO Aaron Brodt, in a statement.
Independent BD American Portfolios Financial Services has launched BlueDock, a practice-management prospecting and back-office tool for advisors to sue when tying in new business.
“In an electronic age where flexibility and convenience are not the exception, but rather the norm, we’re determined to make sure our advisors have the tools and support they need to create scale in their practices in order to better serve investing consumers,” according to AP CEO Lon T. Dolber.
BlueDock is a digital-prospecting tool for bringing on new clients and business; it aims to engage prospective and existing clients in the data-gathering process by inviting them to explore and/or review their financial goals using calculators for retirement, college planning, wealth management and home buying.
Platform and tools provider Orion Advisor Technology just announced two integrations focused on refining the client experience.
Orion users now can bring Totum Risk’s scoring tool directly into the Orion client portal. In addition, LifeYield is able to draw directly from Orion client data to produce its Taxficient Score, so advisors can better gauge tax-optimization benefits of asset reallocations.
“Taken together, these integrations make it easier for Orion users to tailor their services to the financial needs of their clients,” according to the firm.