LPL Financial LLC, the nation’s largest independent broker-dealer, has added Tagge Rutherford Financial Group to its broker-dealer and corporate RIA platforms, which leverage LPL as custodian. The team was previously with Cetera and serves approximately $1 billion in advisory and brokerage assets.
Based in Omaha, Tagge Rutherford is a full-service financial firm with 25 financial advisors assisted by a 25-member office support staff. The firm was founded in 1993, and most of the advisors have spent their entire career with the company. Partners on the executive team include Scott Norvell, Monte Peterson, Chad Peterson, Adam Bailey and Nate Edie.
The team provides clients with comprehensive wealth management, retirement planning, insurance and tax strategies, estate planning and other financial services.
The group said that it turned to LPL for its technology and self-clearing capabilities. “Our business continues to grow as the world around us evolves,” Monte Peterson, president, said. “We recognized a need for a change—one that impacts clients positively and creates more office efficiencies.”
LPL Financial provides service to approximately $762 billion in brokerage and advisory assets as of June 30, 2020. The company provides proprietary technology, clearing services, practice management programs and training, and independent research to 16,973 financial advisors.