LPL Financial LLC, the nation’s largest independent broker-dealer, has recruited Community First Investment Group, the investment program offered at Community First Bank of Indiana. The program joins from LaSalle Investment Management and manages approximately $75 million of client brokerage, advisory and retirement plan assets.
The program has aligned with Bankers’ Bank Financial Services Network, an office of supervisory jurisdiction supported by LPL’s broker-dealer and corporate registered investment advisor platforms.
Community First is based in Kokomo, Indiana, and the program is comprised of financial advisors Bart Erwin and Larry Rolland who provide wealth management services to professionals and small businesses in the local community.
In other LPL news, the firm recently added Team Preheim Advisory to its broker-dealer and corporate RIA platforms. Based in Fresno, California, the team joined from Wells Fargo Advisors and manages approximately $105 million of client assets.
LPL Financial provides service to approximately $628.1 billion in brokerage and advisory assets as of the fourth quarter of 2018. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 16,000 financial advisors and 700 financial institutions.