LPL Financial LLC, the nation’s largest independent broker-dealer, has recruited former Wells Fargo Advisors financial advisor Steven Jolly, who serves approximately $190 million of client brokerage and advisory assets.
Jolly will align with Ford Financial Group, an independent firm based in Fresno, California that has been with LPL for 15 years. Ford Financial Group has 14 team members, including nine financial advisors that provide retirement, tax, education, income and investment planning, as well as long-term care and life insurance.
“We thank the Ford Financial Group for their continued partnership and look forward to supporting Steven and the entire team for many years to come,” said Rich Steinmeier, LPL Financial managing director and divisional president of business development.
Jolly graduated from California State University, Fresno with a bachelor’s degree in economics and a minor in business finance. He holds FINRA Series 7, 8, and 63 licenses with LPL Financial, Series 65 with Ford Financial Group, and a California insurance license.
In other LPL news, the company recently added Infinity Financial Partners, a former Cetera firm, with approximately $365 million of client brokerage and advisory assets.
LPL Financial provides service to approximately $681 billion in brokerage and advisory assets as of the third quarter of 2018. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 16,000 financial advisors and 700 financial institutions.