LPL Financial announced Tuesday the recruitment of Moto Wealth Partners, a two-member advisor team based in Ohio that formerly supported $2 billion in client assets at Fifth Third Private Bank.
The tea has joined Linsco by LPL, the firm's W-2 affiliation model.
Moto Wealth Partners, from Cincinnati and Dayton, serves high-net-worth and ultra-high-net-worth families across the country, with a strong presence anchored in those markets.
The firm is led by advisors Breanne Bovara and Derrick Petry, who bring a combined 40 years of experience and a client service strategy that goes well beyond portfolio management.
Bovara said in a statement that the firm moved to LPL to access operational freedom and sophisticated tools needed to elevate that client experience.
"Their platform gives us access to cutting-edge technology, integrated planning resources and a robust client engagement ecosystem," Bovara said. "With LPL's scale and support behind us, we can streamline operations, enhance efficiency, and dedicate more time to building meaningful relationships and solving complex financial challenges."
Scott Posner, managing director of business development at LPL, said that the firm is "thrilled" to welcome the Moto team within its Linsco community.
"Their client-first approach and commitment to innovation aligns with LPL's mission to empower advisors with flexibility and technology to deliver exceptional value," Posner said.
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