What You Need to Know
- This is just the latest of several advisor teams that LPL has recruited in recent months.
- “We’ve found that LPL’s trading platform is incredibly easy to use,” the advisor team's leader said.
- The team had been focused on retirement planning and employee benefits, but it expanded into comprehensive wealth management.
LPL Financial added Gus Bates Insurance & Investments, a division of HUB International Texas managing about $800 million in advisory, brokerage and retirement plan assets that is based in Fort Worth and was previously registered with Kestra Financial.
The advisor team has joined LPL’s broker-dealer, RIA and custodial platforms, aligned with HUB Retirement and Wealth Management, it said Tuesday.
Leading the team is financial advisor Kip Adams, who also serves as its retirement and private wealth practice leader. He was registered with Kestra since 2016, according to his report on the Financial Industry Regulatory Authority’s BrokerCheck website.
The team also includes retirement plan advisor Blake Hiett (who was with Kestra since 2018), wealth advisor Spencer Stilwell (with Kestra since 2019), senior account manager Susan Blassingame (with Kestra since 2008) and two additional staff members.