LPL’s Wirehouse Breakaway Unit Gains Traction, Signs $1.3 Billion Wells Fargo Team
Louis Diamond Quoted – By Andrew Welsch, Barron’s – LPL Financial’s service for advisors who want to leave wirehouses is gaining traction with recruits, having signed eight breakaway teams. Its most recent addition: a 13-person group that oversaw $1.3 billion at Wells Fargo Advisors. The team, led by industry veteran Larry Boggs, launched an independent practice through LPL’s Strategic Wealth Services in Cumberland, Md.
