LaSalle St., a group of independent wealth management firms, has added Stiles Financial Services Inc. to its broker-dealer platform. The Edina, Minnesota-based firm oversees approximately $600 million in assets and was previously on Cambridge Investment Research’s platform.
Stiles Financial specializes in private wealth management, retirement plan consulting and institutional portfolio services. The firm was founded in 2000 by Susan Stiles, who holds designations as a certified financial planner, chartered financial consultant, accredited investment fiduciary, and certified financial plan advisor. The seven-person team includes Paul Tichy, portfolio research manager, and Deb Rosenberg, director of retirement plan consulting.
LaSalle St. is comprised of LaSalle St. Securities, an independent broker-dealer; LaSalle St. Investment Advisors, a SEC-registered investment adviser; and LaSalle St. Insurance Services, a provider of annuity and insurance products.
Founded in 1974 and based in Chicago, Illinois, LaSalle St. supports more than 300 financial advisors, has approximately $10 billion in total client assets, and offers brokerage, advisory, investment and insurance services. The firm clears primarily through National Financial Services, with custodial services through NFS parent Fidelity Investments.