LPL Financial’s new affiliation model — aimed at adding wirehouse and other employee advisors — has brought on its first team from Wells Fargo.
Advisors Mike Ashworth, CFP; Steve Collie, CFP; and Katheryn Gordon are now part of Ashworth Financial Group, which works with about $300 billion in assets and is based in North Carolina.
“Going independent is a big move that ultimately brings more responsibility for me as a business owner,” Ashworth said in a statement. “With the services LPL has assembled, it created a clear path to independence.”
LPL’s Strategic Wealth Services works with advisors on their office setup, branding and marketing efforts, as well as office administration, technology support and financial management.
“The business management support is huge, especially having help to set up benefits and payroll services and having a CFO to create business strategies for the business and then keep us on track to our goals,” added Ashworth.
LPL says it’s pleased to have the group on board, according to Rich Steinmeier, divisional president of Business Development.