Home News LPL Financial Recruits $1 Billion Team from Advisor Group’s FSC Securities

LPL Financial Recruits $1 Billion Team from Advisor Group’s FSC Securities

LPL Financial LLC, the nation’s largest independent broker-dealer, has added 10 financial advisors with Financial Solutions Group to its broker-dealer and corporate registered investment advisor platforms.

LPL Financial LLC, the nation’s largest independent broker-dealer, has added 10 financial advisors with Financial Solutions Group to its broker-dealer and corporate registered investment advisor platforms. The advisors were formerly associated with FSC Securities, a subsidiary of Advisor Group, and serve approximately $1 billion in brokerage and advisory assets.

Financial Solutions Group is based in Alexandria, Louisiana, with a second office in Lake Charles, and has roots dating back to 1978 when advisor Greg O’Quin entered the industry as a certified public accountant.

Over the years, the business shifted focus to investment advice, wealth management and financial planning and now has nine additional financial advisors, including Greg O’Quin’s sons Patrick O’Quin and Philip O’Quin, as well as James Curley, Thomas Easterling Jr., Brooks Harris, Bart Schmolke, Brian Schmolke, Christopher Soprano and Michael Young. The advisors have individual practices but claim to take a collaborative approach when helping their clients.

The team has additional support from an office manager and seven administrative assistants, including three who are registered.

LPL Financial provides service to approximately $706 billion in brokerage and advisory assets as of the second quarter of 2019. 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.

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