September 16, 2025
By Sam Bojarski
A South Carolina-based wealth team has affiliated with LPL Financial and launched a new practice.
Advisors and partners Jeff Allen, Steve Armaly, Brian Blackburn and Michael Lee have set up Ox Road Capital and affiliated with LPL’s Strategic Wealth model, in which advisors run their practices as 1099 independent contractors. LPL said the team served about $1.2bn in total client assets at its former firm, UBS.
The four partners on the Greenville-based team have worked together since 2016 and serve a national client base including ultra-high net worth individuals, retirees, corporate executives and medical professionals.
‘All businesses and individuals have three seasons they pass through – survival, success and significance,’ Lee stated. ‘We reached that final stage where we began to think about legacy and it was clear we needed to make a move to really build something that could outlast the founders. In all, we are excited about the ability to build our own brand.’
The team cited freedom to run its own practice and hands-on business support services as reasons for joining LPL. Joining the partners are wealth strategy associates Marley Landrum, Brandon Mills and Nick Ray, as well as client service associates Kyle Goff, Jack Shubert, Wendy Levi and Clark Rettberg.
