LPL Financial Nabs Former Cetera Trio with $185 Million in Client Assets
LPL Financial LLC, the nation’s largest independent broker-dealer, has added John Marshall & Associates Investment Center to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added John Marshall & Associates Investment Center to its broker-dealer and corporate registered investment advisor platforms.
Based in Lake Havasu City, Arizona, the firm includes financial advisors John Marshall, Daniel Sickles, and Sean Goldney, who oversee approximately $185 million of client brokerage and advisory assets. The trio join from Cetera Advisor Networks.
John Marshall & Associates was founded by John Marshall in 1973. With his move to LPL, he will retire and is selling his business to LPL Financial advisor Heath Haynes, an independent financial advisor and founder of Haynes Investment Management. Haynes, who has been affiliated with LPL for eight years, will join Sickles and Goldney in the practice.
“After 51 years it’s time for me to retire,” Marshall said. “I will see the group through the transition and I am confident that my successor, Heath Haynes, with his longevity and stability, will provide the firm with a partner for continued success.”
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.
