LPL Financial Recruits Pair from Advisor Group with Combined $330 Million
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Craig Lewelling and Greg Krpalek to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Craig Lewelling and Greg Krpalek to its broker-dealer and corporate registered investment advisor platforms. The advisors serve approximately $225 million and $105 million, respectively, in brokerage, advisory and retirement plan assets.
Lewelling is president of US Investors International based in Portland, Oregon, while Krpalek is president of Krpalek Financial Services in Albany, Oregon. Both join LPL from Sagepoint Financial, part of the Advisor Group network of broker-dealers.
The pair are proponents of continuous education and struck up a friendship over the years while attending the same industry conferences. Receiving much of the same training, Lewelling said that it seemed natural to partner to take the next steps to grow their businesses.
With the move to LPL, the two will work closely together as part of Krpalek’s business continuity and succession plan. “We’ll continue to keep our practices independent of each other, but we are excited about this opportunity to work together to provide the best care to our clients,” Krpalek said.
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.
