LPL Recruits $615 Million Team from Raymond James

Financial adviser Wayne Maier and the team at Maier & Associates Financial Group has joined LPL Financial’s broker-dealer, RIA, and custodial platforms. The firm reported serving approximately $615 million in advisory, brokerage, and retirement plan assets, based on asset and holding details from the end of 2023, and joins LPL from Raymond James Financial Services.

With more than 45 years of industry experience, Wayne founded Maier & Associates Financial Group in 1984 with a goal of providing comprehensive services based on clients’ best interests. The Bay City, Mich., practice has since evolved into a three generation, community-focused legacy business that includes fellow financial advisers Joseph Maier, Michael Wilcox, Greg Dahlberg, Sharyn Dansa and Logan Maier, paraplanners Adam Wohlschied and Bret Naylor, CFO Laura Maier, and seven support staff members.

“At Maier & Associates, when we say the client comes first it’s not a cliché. This is who we are,” said Wayne. “Everything we do is to help our clients build wealth and plan for the future based on their comfort level, with their best interests in mind. We tell our clients, ‘When you invest with our company, you’re partnering with a family that will manage its money like it’s managing its own.’”

Maier & Associates reported turning to LPL after an in-depth search, praising it for its “freedom, flexibility, and choice.”

The firm is deeply committed to giving back to the community through the Maier & Associates Charitable Foundation. In addition, Wayne and team have supported numerous charities over the years including Toys for Tots, Boys & Girls Clubs, Good Samaritan Rescue Mission, Toni & Trish House, Safe Harbor Kitchen, Child Abuse and Neglect Council, Johnny Burke Children’s Foundation, Power of Dad, Bay Area Women’s Center, the 1% food pantry and The Children’s Grief Center. For his contributions to the community, Wayne has received the key to the city and numerous local awards.

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.

Click here to visit The DI Wire directory page.