LPL Financial says advisor William “Bill” Matesich Sr. is now on its platforms after leaving Wells Fargo Advisors Financial Network, where he worked with $140 million in assets.
Matesich joined the industry in the late 1980s, after losing his wife and experiencing a series of other hardships. He worked at a bank and earned his licenses, later moving to a larger firm and founding Matesich Financial Services in Grove City, Pennsylvania, in 2009.
“The goals and dreams that I set for myself in 1987 came true when I was able to run my own financial services company,” he said in a statement. “It is so rewarding and humbling to watch my clients’ lives play out every day; watching their children succeed and helping them work toward their retirement goals.”
In addition, LPL says a group of eight advisors have joined it from Advisor Group’s SagePoint Financial and Ameriprise Financial. They are aligned with Office of Supervisory Jurisdiction manager and advisor Mike Sisco and work with about $260 million in assets.
The new group is doing business as Paradigm Wealth Partners in Des Moines, Iowa. It includes Sandra Larson, Steven Larson, Casey Larson, David Scott, Michael Lynch, Timothy Frey and Rick Yoder, all based in the Midwest and Texas.
“We’ve created a really wonderful collection of financial advisors who share a common goal of helping others accomplish their financial goals in an ethical, honest and empathetic way,” Sisco said in a statement.
Earlier in January, LPL recruited advisors Paul Meyers and Brady Brunsvold, a certified financial planner, of Legacy Wealth Management. They work with $140 million in assets and formerly worked with Advisor Group’s Woodbury Financial Services.
Meyers has about 30 years in the business, founded Legacy Wealth in Fargo, North Dakota, and was associated with LPL about a decade ago. Brunsvold, who has been with several brokerages, joined the practice in 2016. It’s “nice to come back home to LPL,” according to Meyers.
LPL also says advisor Brian Sheehy is now an affiliate with about $130 million, after departing from World Equity Group. Sheehy started his independent practice in 2001 and then founded Pinnacle Wealth Management in Chicago, with a branch in Woodland Hills, California.
“I love interacting with people, helping them create financial goals and becoming more comfortable with investment opportunities,” Sheehy said, in a statement.
Raymond James Adds Team
Raymond James added a team of two advisors from UBS with about $194 million in assets. The team includes James Ducharme, CFP, and Michael C. Rowland, CFP, who are now part of Raymond James’ employee channel in Melbourne, Florida.
They made the move with practice business manager Michael J. Rowland, CFP, and senior registered client services associates Jackie Bartosz and Sherry Staley. The team operates as Rowland-Ducharme Wealth Management Group of Raymond James.
Ducharme has been in the business for over 26 years and spent 23 at UBS; he began his financial career in 1993 at Dean Witter Reynolds. James Rowland started his career at Raymond James in 2008, before moving to join a relative’s practice at UBS in 2010.
Michael J. Rowland has been in the industry for 40 years and spent the past 26 at UBS. Earlier, he was with Lehman Brothers, Dean Witter Reynolds and E.F. Hutton.
— Check out Janney Nabs $335M Team of Women From Morgan Stanley on ThinkAdvisor.