Home Alts News LPL Financial Recruits Former First Allied Firm

LPL Financial Recruits Former First Allied Firm

LPL Financial LLC, the nation’s largest independent broker-dealer, has added Gulf Coast Wealth Advisors to its broker-dealer and corporate registered investment advisor platforms.

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LPL Financial LLC, the nation’s largest independent broker-dealer, has added Gulf Coast Wealth Advisors to its broker-dealer and corporate registered investment advisor platforms. The firm joins from First Allied Securities.

Gulf Coast Wealth Advisors is based in Sarasota, Florida and served approximately $110 million of client brokerage and advisory assets as of June 30, 2018. The team is led by advisor Jeffrey LaBelle, who has 30 years of experience in the financial industry. He is joined by advisor and Army veteran John Scott and client services representative Kristin Begley.

LPL Financial provides service to approximately $659 billion in brokerage and advisory assets as of the second 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.

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