LPL Financial Adds $180 Million Team from Cetera
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Winebrenner Financial Services to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Winebrenner Financial Services to its broker-dealer and corporate registered investment advisor platforms. The firm joins LPL from Cetera and oversees approximately $180 million of client brokerage and advisory assets.
The Kentucky-based firm was founded by David Winebrenner Jr. in 2001, building the business mainly through referrals. The team includes three support staff and provides investment, financial planning and insurance services to a client base that consists mostly of business owners, farmers and manufacturing employees.
LPL Financial provides service to approximately $659 billion in brokerage and advisory assets as of the second 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.
