LPL Financial Recruits $200 Million Family Team from Wells Fargo
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Louis Pelliccioni, Brice L. Pelliccioni, and Amanda Pelliccioni to its broker-dealer and corporate RIA platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Louis Pelliccioni, Brice L. Pelliccioni, and Amanda Pelliccioni to its broker-dealer and corporate RIA platforms, leveraging LPL as custodian. The family team is aligned with Independent Network of Consultants & Advisors (INC Advisors), an enterprise on LPL’s corporate RIA platform.
The Pelliccionis serve approximately $200 million in advisory, retirement plan and brokerage assets and join LPL from Wells Fargo Advisors.
Longtime financial advisor Lou Pelliccioni founded the business in 1985. Brice and Amanda, Lou’s son and daughter-in-law, joined the practice within the last few years after making career changes from the medical field.
With the recent transition to INC Advisors and LPL, Pelliccioni Financial Consulting Group has been rebranded to Trilith Wealth Management. Inspired by the ancient trilithon, the new name means steadfast, strong and supportive.
The team has offices in both Morgantown, West Virginia and Naples, Florida and provide comprehensive investment advice and financial planning.
“After 35 years, it became clear to me that independence was the right choice for our business, and more importantly for our clients,” Lou said. “Entrepreneurship has always been extremely important to me, and the independent model brings us back to a place where the decisions impacting our business are being made locally, with the clients’ interests as the main driver.”
LPL Financial provides service to approximately $810 billion in brokerage and advisory assets as of September 30, 2020. The company provides proprietary technology, clearing services, practice management programs and training, and independent research to 17,168 financial advisors.
