LPL Financial LLC, the nation’s largest independent broker-dealer, has added eight financial advisors to its broker-dealer and corporate registered investment advisor platforms aligned with office of supervisory jurisdiction manager and advisor, Mike Sisco.
Sisco serves as OSJ manager for financial advisors Sandra Larson, Steven Larson, Casey Larson, David Scott, Michael Lynch, and Timothy Frey, who join from Sagepoint Financial, part of the Advisor Group network of broker-dealers, and Rick Yoder, who joins from Ameriprise Financial. The advisors are all based in the Midwest and Texas and collectively serve approximately $260 million in brokerage and advisory assets.
Sisco, a longtime wealth advisor with the newly named Paradigm Wealth Partners in Des Moines, Iowa, launched his career as an OSJ manager in 2011 after previously holding positions in home office supervision for a large firm. He was previously affiliated with Sagepoint.
“We’ve created a really wonderful collection of financial advisors who share a common goal of helping others accomplish their financial goals in an ethical, honest and empathetic way,” said Sisco, who built both his OSJ network and client base through referrals. “With the move to LPL, I’m excited and hopeful to find more like-minded advisors to partner with to keep building our network.”
The team works primarily with clients who are within 10 years of retirement—“individuals who have built a nest egg and are looking to turn it into something to get them through the retirement years,” Sisco added.
LPL Financial provides service to approximately $719 billion in brokerage and advisory assets as of September 30, 2019. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to 16,349 financial advisors and 700 financial institutions.