LPL Financial Recruits $1 Billion Team from Wells Fargo
LPL Financial, the nation's largest independent broker-dealer, reported that three financial advisors have joined the firm to launch an independent practice.
LPL Financial, the nation’s largest independent broker-dealer, reported that financial advisors Jason Howard, Shane Kunz, and Chad Horne, have joined the firm to launch an independent practice, Outcome Private Wealth. They are aligned with Stratos Wealth Partners.
The Outcome Private Wealth team joins from Wells Fargo Advisors and oversees $1 billion in advisory, brokerage and retirement plan assets.
Based in Salt Lake City, the trio has worked together for more than a decade, and collectively provide holistic investment advice, financial planning, and “wealthcare” to affluent families, professionals, business owners and retirees. The Outcome Private Wealth team also includes four office support staff members.
“We are a true team with the same core values, and we’ve created this practice with a laser focus on financial outcomes for our clients. Our goal is to help simplify the increasingly complex financial landscape and deliver lasting strategies to help save clients’ time and money,” said Horne, a former medical sales manager who switched careers after his financial planner inspired him to help others navigate their own financial road map.
LPL Financial provides service to approximately $1.21 trillion in brokerage and advisory assets as of December 31, 2021. The company supports more than 20,000 financial advisors, 800 institution-based investment programs, and 500 independent RIA firms nationwide.
Stratos Wealth Partners manages more than $10.3 billion in advisory assets, and advises through LPL Financial, approximately $8.3 billion in brokerage and third party managed assets for a total of $18.6 billion as of December 31, 2021.
