Former Cetera Team Returns to LPL
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Salter Financial Group has returned to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Salter Financial Group has returned to its broker-dealer and corporate registered investment advisor platforms. Salter Financial Group join from Cetera Financial Group and serves approximately $100 million of client brokerage and advisory assets.
Founded in 2006 by financial advisor Phillip Salter, the Beaumont, Texas firm also includes financial advisors Blake Worthey and Clovis Van Houten, as well as assistant Dianne Walker. They offer comprehensive investment advice and wealth management, with a focus on providing retirement plans and IRAs for plant and refinery workers. Salter recently celebrated 30 years in the industry.
Salter Financial Group affiliated with LPL from 2006 until 2014. Salter said that he decided to return “after noticing a shift in LPL’s culture and its commitment to delivering an enhanced service experience.”
LPL Financial provides service to approximately $684 billion in brokerage and advisory assets as of the first quarter of 2019. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 16,000 financial advisors and 700 financial institutions.
