What You Need to Know
- Brian M. Woods Financial Services has 30 advisors.
- This is the second recruitment of a billion-dollar team the BD has announced this week.
LPL Financial announced the recruitment Thursday of a $1.6 billion group with 30 advisors from Voya Financial Advisors.
On Thursday, LPL said Brian M. Woods Financial Services joined its broker-dealer, corporate RIA and custodial platforms from Voya. Based in Danvers, Massachusetts, the firm was founded in 1991 by Woods, whose father worked in the industry.
The business serves as the office of supervisory jurisdiction (OSJ) for 30 financial advisors, including North Pointe Wealth Management. It has been moving its assets and operations to LPL since early May.