LPL Financial Recruits $625 Million Texas-Based Team
LPL Financial LLC, the nation’s largest independent broker-dealer, has added TBT Financial Services to its broker-dealer, corporate registered investment advisor, and custodial platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added TBT Financial Services to its broker-dealer, corporate registered investment advisor, and custodial platforms.
The advisors join from Raymond James and serve approximately $625 million in advisory, brokerage and retirement plan assets. The team is based in Longview and Tyler, Texas and includes financial advisors Jerry Martin, Jon Cromer, Mitzi Bjork, Carl Newman Jr., Curtis Hinshaw, and Clint Quinn, as well as four operations support staff members. They work with families, individuals and business owners across East Texas.
The move to LPL is the first step in the firm’s plans to rebrand early next year and move out of its current bank premises into a larger building that allows for future growth and more visibility.
“We’re making a series of positive changes that will help us enhance the way we serve our clients, expand our capabilities and position us for long-term sustainability and growth,” Martin said.
LPL Financial provides service to approximately $1.1 trillion in brokerage and advisory assets as of June 30, 2021. The company supports more than 19,000 financial advisors, 800 institution-based investment programs, and 450 independent RIA firms nationwide.
