Skip to content

Former Edward Jones Advisor Joins LPL to Launch Independent Practice

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Nick Lalonde has launched an independent practice and joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms.

He reported having served approximately $200 million in advisory, brokerage and retirement plan assets, and joins LPL from Edward Jones, naming his practice Third Act Wealth Management.

Based in Dallas, Texas, Lalonde began his career nearly a decade ago, and became one of the youngest CFP professionals in the country at age 24. In that time, he built his business swiftly, working with business owners, businesses and successful professionals.

“That’s been a core principle since I’ve been in the financial planning industry,” Lalonde said. “I’ve learned that success is a byproduct of the impact you make on others.”

LPL says Lalonde, who is joined by Client Service Managers Jaylene Roloff and Liz Christensen, will expand the practice soon by adding junior financial advisors and paraplanners. Their goal is to become the top financial planning office in the country.

“We welcome Nick to LPL and applaud his mission to make an extraordinary difference in the third act of his clients’ lives,” Scott Posner, LPL executive vice president, business development, said. “We are honored he chose to partner with LPL as he seeks new ways to elevate service experiences and build his perfect practice… We look forward to a long-lasting relationship with the entire team at Third Act Wealth Management.”

LPL supports more than 21,000 financial advisors, 1,100 institution-based investment programs and 500 independent RIA firms nationwide.

Click here to visit The DI Wire directory page.