LPL Recruits $120 Million Practice from Cadaret, Grant & Co.

Financial advisor Marvin Goldman has joined LPL Financial’s broker-dealer, RIA, and custodial platforms. He reported having served approximately $120 million in advisory, brokerage, and retirement plan assets, and joins LPL from Cadaret, Grant & Co.

Based in Roseland, N.J., Goldman started his career in the 1960s, initially growing his business by servicing orphaned accounts before building a large referral network. He founded Goldman Group in the early 1970s, expanding his reach to clients throughout the country.

“I’ve made personal connections and built my business by providing investment advice and wealth management to clients across the board, working closely with many second and third generations within the same family,” said Goldman.

Looking for access to innovative resources, as well as the ability to create a more robust business continuity plan, Goldman turned to LPL Financial for the next chapter of his business.

“LPL is a Fortune 500 company and the largest independent wealth management firm in the industry, with state-of-the-art technology that my clients will benefit from,” Goldman said. “I look forward to networking with other like-minded advisors and building out a plan to take care of my clients for generations to come.”

“We welcome Marvin to LPL and commend his commitment to taking care of his clients. We understand what advisers need to build a successful firm, and we are committed to investing in the resources necessary to help them achieve that success,” said Scott Posner, LPL’s executive vice president of business development.

Committed to the adviser-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional, LPL Financial Holdings, Inc., serves more than 22,000 financial advisers – including advisers at approximately 1,100 enterprises and at approximately 560 RIA firms nationwide.

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