LPL Financial Recruits Former Kestra Group with $500 Million in Client Assets
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Charton Financial Group to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Charton Financial Group to its broker-dealer and corporate registered investment advisor platforms.
Edward Charton, principal of newly-formed Charton Financial Group, manages approximately $500 million of client brokerage, advisory, and retirement plan assets. He joins from FMS Financial Partners, an affiliate of Kestra Financial Partners.
Charton began his financial services career in the insurance business, which morphed into a career in investments, LPL said. For more than four decades, he has served corporate clients, executives, business owners, individuals and families with employee and executive benefits, risk management planning, retirement planning, estate planning, investment management and high-level insurance planning.
The firm also welcomes Charton’s son, Chad, who brings more than 15 years of insurance experience.
LPL Financial provides service to approximately $684 billion in brokerage and advisory assets as of the first quarter of 2019. 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.
