LPL Financial Adds Former Securities America Firm with $200 Million in Assets

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Walker Alston Financial Group has joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms.

LPL says the team reported having served approximately $200 million in advisory and brokerage assets, and joins LPL from Securities America, part of the Advisor Group network of broker-dealers.

Based in San Antonio, Texas, Walker Alston Financial Group was founded in 2017 when financial advisors Stephen Walker and Wes Alston joined their individual practices to create a boutique firm that serves the comprehensive financial needs of multigenerational clients. The team also includes Paula Johnson, director of client services, and Jaime Gage, director of operations.

“We welcome Stephen and Wes to the LPL community and wish them great success with the next chapter of their business,” Scott Posner, LPL executive vice president, business development, added. “We appreciate their mission to put clients’ best interests first, and we are committed to supporting their goals by providing advisors with innovative resources, integrated capabilities and access to a wide range of non-proprietary investment products. We look forward to supporting the entire Walker Alston team for years to come.”

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

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