LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Mike Ashworth, Steve Collie, and Katheryn Gordon have launched Ashworth Financial Group. The team joins from Wells Fargo Advisors and serves approximately $300 million in brokerage, advisory and retirement plan assets.
Ashworth Financial will leverage LPL’s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms, while also leveraging the firm for ongoing business management services and support.
The team is the first to onboard using LPL Strategic Wealth Services, a new affiliation model designed for established wirehouse- or employee channel-based advisors seeking independence.
Ashworth, the firm’s founder and managing director, entered the industry in 1998 and established his business in Raleigh, North Carolina, and later put down roots in Tryon, North Carolina.
LPL Financial provides service to approximately $764 billion in brokerage and advisory assets as of December 31, 2019. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to 16,464 financial advisors and 700 financial institutions.