Former Raymond James Advisor Joins LPL Financial

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Bart DeLuca has joined LPL Financial’s broker-dealer and custodial platforms and aligned with existing RIA firm Intrua Financial.

DeLuca, who joins LPL from Raymond James Financial Services, reported having served approximately $165 million in advisory, brokerage and retirement plan assets .

With the move, LPL says DeLuca will expand Intrua Financial’s reach in Maryland by opening its first location in the Baltimore suburb of Fulton.

With 22 years in the business, DeLuca says he researched several wealth management firms before selecting Intrua and LPL as the best fit for his long-term career goals.

“Before beginning my search, I put together a checklist of things I was looking for in a partner. It included things like the ability to operate independently, an RIA platform for advisory assets, brokerage options for legacy brokerage assets and robust back-office support,” DeLuca said. “After multiple visits with various members of the Intrua team, including Intrua CEO Andrew Keller, I decided Intrua and LPL was the best fit for my practice. By partnering with Intrua I have the freedom to serve my current clients and grow my business on my terms, while enjoying Intrua’s back-office help and support. A tremendous plus is that Intrua’s services are backed by LPL’s innovative technology and integrated capabilities. It’s truly the best of both worlds.”

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

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