LPL Adds Former Cetera Hybrid to Platform
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Brennan Asset Management Group to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Brennan Asset Management Group to its broker-dealer and corporate registered investment advisor platforms.
Brennan Asset Management Group, previously with Cetera Financial, serves approximately $300 million of client brokerage, advisory and retirement plan assets.
Senior partner Bob Brennan founded the Redding, California-based business in 1986 after spending four years touring as a professional tennis player. The firm has grown to four advisors: Brennan, Christian Rizzi, Mike Ferrier and Bart Farrell, who provide a range of financial services with a focus on retirement plans and asset management for wealthy individuals.
In other company news, earlier this week, $500 million firm Beltz Ianni & Associates joined LPL from Cadaret, Grant, as reported by The DI Wire.
LPL Financial provides service to approximately $681 billion in brokerage and advisory assets as of the third quarter of 2018. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 16,000 financial advisors and 700 financial institutions.
