LPL Financial Adds Former Ameriprise Team
LPL Financial LLC, the nation's largest independent broker-dealer, has added financial advisor Alan Kodama and the team at Pacstar Financial Group.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisor Alan Kodama and the team at Pacstar Financial Group to its broker-dealer, corporate registered investment advisor, and custodial platforms. The team joins from Ameriprise Financial and reportedly serves approximately $420 million in advisory, brokerage and retirement plan assets.
Kodama launched the Honolulu-based practice in 1987, immediately after graduating from college. LPL said that early in his career, he was a solo practitioner who relied on cold calling and seminars to generate client leads. Over the years, he purchased seven practices, creating a full-service, multi-office financial firm.
With additional registered offices in Kauai, Pearl City and Maui, Pacstar Financial Group also includes fellow advisors Thomas Lodico, John Araki and Rose Antonio, along with four office support members. The team provides personalized financial advice with a focus on retirement planning, insurance and investments.
LPL Financial provides service to approximately $958 billion in brokerage and advisory assets as of March 31, 2021. The company supports more than 18,000 financial advisors, 800 institution-based investment programs, and 450 independent RIA firms nationwide.
