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LPL Financial Recruits 30-Member OSJ Formerly with Voya

LPL Financial LLC has recruited Brian M. Woods Financial Services, a large enterprise supervising approximately 30 financial advisors.

LPL Financial LLC, the nation’s largest independent broker-dealer, has added Brian M. Woods Financial Services, a large enterprise supervising approximately 30 financial advisors, to its broker-dealer, corporate registered investment advisor, and custodial platforms.

Collectively, the advisors serve approximately $1.6 billion in advisory, brokerage and retirement plan assets and join from Voya Financial Advisors, which was purchased by Cetera Financial Group earlier this month.

Based in Danvers, Massachusetts, the full-service financial firm was founded in 1991 by Brian Woods, who followed his father’s footsteps into the industry, starting in insurance before moving into investment advice and wealth management.

Today, Woods works with more than 500 clients, and built the business with assistance from his wife, Bonnie. He now also serves as the office of supervisory jurisdiction of 30 financial advisors, including North Pointe Wealth Management and other teams throughout the region.

After their former firm was acquired, Woods and the advisors “recognized the need to find a new partner.”

“It was my due diligence and responsibility to find the best place for everybody to land, and LPL stood out as a partner that would put the interests of our clients and advisors first. It’s a place where we can dig in and do business with ease,” said Woods, noting that the team has been moving to LPL in waves since the beginning of May.

LPL Financial provides service to approximately $958 billion in brokerage and advisory assets as of March 31, 2021. The company supports more than 18,000 financial advisors, 800 institution-based investment programs, and 450 independent RIA firms nationwide.

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