LPL Financial Recruits Former Advisor Group Team
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Horizons Financial Group to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Horizons Financial Group to its broker-dealer and corporate registered investment advisor platforms. The team serves approximately $375 million in brokerage, advisory and retirement plan assets, and joins from Triad Advisors, part of the Advisor Group network of broker-dealers.
Horizons chief executive officer James Nix Jr. co-founded the Birmingham, Alabama-based company in 2006 with his longtime friend and business partner Michael Mashburn Sr., who serves as chief investment officer. They are joined by James Carter, chief operating officer, and Andrew Dean, operations manager. The three members of the firm’s leadership team have known each other since 1986, when they all worked in the investment division of Central Bank of the South.
LPL Financial provides service to approximately $764 billion in brokerage and advisory assets as of December 31, 2019. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to 16,464 financial advisors and 700 financial institutions.
