Home Alts News LPL Adds Former Advisor Group Firm with $220 Million in Client Assets

LPL Adds Former Advisor Group Firm with $220 Million in Client Assets

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Michelle Brennan Hall of Brennan Wealth Advisors LLC has joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms.

She reported having served approximately $220 million in advisory, brokerage and retirement plan assets, and joins LPL from FSC Securities Corporation, part of the Advisor Group network.

Based in Frisco, Texas, which is surrounded by headquarters of many publicly traded and private companies, LPL says Hall is a wealth advisor with more than 30 years guiding investors’ net worth and financial decisions. She started working at her father’s wealth management business in 1990 prior to launching her own independent practice, Brennan Wealth Advisors, in 2010. The team has grown to include her husband, director of operations, Jeff Hall, director of portfolio operations, Mary Kloesel, and Brennan’s son, Cameron Hall, a financial analyst, as well as two additional support staff members.

During the early days of the pandemic, LPL says the Brennan Hall team decided to narrow focus on the family unit, specifically on inheritors.

“We believe wealth goes beyond financial assets. The wealth creators really want to pass on more than just money to the next generations. They want to pass on values and traditions. Wealth creators want to pass on a way of life, their stories and family history,” Brennan said. “As a firm, we are making a point to have those important conversations with families so both parents and inheritors can find meaning in the wealth transfer.”

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

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