LPL Financial Recruits Three Advisors from Securities America
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Steven Allison, Jonathan “David” Cummings, and Raymond Empkey.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Steven Allison, Jonathan “David” Cummings, and Raymond Empkey to its broker-dealer, corporate registered investment advisor, and custodial platforms. The trio is aligned with JFC Financial Services, a large enterprise that joined LPL in May 2020.
The three advisors serve approximately $215 million in advisory, brokerage and retirement plan assets, and join LPL from Securities America, part of the Advisor Group network of broker-dealers. Based in Hurst, Texas, Allison and Cummings specialize in employee stock ownership plans and 401(k) retirement plans.
“We work with business owners around the country to help them transition into retirement,” said Allison, who teamed up with Cummings in 2010 after working as colleagues since 2002.
Empkey, their longtime acquaintance, is planning to join the group this year. Currently in Bedford, Texas, he has been in the industry since 1994 and focuses on retirement income and wealth transfer.
LPL Financial provides service to approximately $903 billion in brokerage and advisory assets as of December 31, 2020. The company provides proprietary technology, clearing services, practice management programs and training, and independent research to 17,287 financial advisors.
