LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Michael Bonevento, James Costabile and Craig Laday to its broker-dealer and corporate registered investment advisor platforms. Collectively, the three former Ameriprise Financial advisors serve approximately $800 million of client brokerage and advisory assets.
Laday, who has 32 years of experience, joins Bonevento and Costabile at Intellectual Capital Group, based in Wall Township, New Jersey. The advisors provide comprehensive wealth management and financial planning services. Last year, Bonevento was named among Barron’s list of Top 1,200 Financial Advisors, and Costabile was named a Forbes Top Next-Generation Wealth Advisor in 2018.
LPL Financial provides service to approximately $628.1 billion in brokerage and advisory assets as of the fourth 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.