LPL Financial LLC, the nation’s largest independent broker-dealer, has added Ridgeline Wealth Management to its broker-dealer and corporate registered investment advisor custodial platforms. The team reported serves approximately $210 million in brokerage and advisory assets and joins from Wells Fargo Advisors Financial Network.
LPL noted that financial advisors Jake Lavely and Robert Dimick partnered in 2005 to take an integrated approach to addressing their clients’ financial needs. The pair went independent in 2011, launching Ridgeline Wealth Management in St. Johnsbury, Vermont.
Ridgeline’s financial advisors claim to take a risk-based approach to asset allocation and portfolio management, and consider it a priority to keep their clients well-informed throughout their financial journey, incorporating multiple client interactions, reviews and touch points.
“Our clients always know when they’re going to hear from us. They know our goals and approach, and they know what to expect,” Dimick said.
Ridgeline also includes fellow partner advisor Tyler Cahoon, associate wealth manager Elysia Gingue, operations manager Stacey Randall, and administrative assistant Jolene Brennan.
LPL Financial provides service to approximately $670 billion in brokerage and advisory assets as of March 31, 2020. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to 16,763 financial advisors and 700 financial institutions.