CHARLOTTE, NC, May 19, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC today announced that financial advisor Randall Pickett CIMA® and wealth management associate Leslie Stephenson have joined Linsco by LPL Financial, the model to advise employees of the company. They are the second team located in the new Dallas Linsco office. Pickett said he has served approximately $180 million in advisory and brokerage assets.* He joins LPL from Oppenheimer & Co. Inc.
Pickett, who began his career as a salesman of institutional bonds, has nearly 35 years of experience providing financial advisory and wealth management services to high net worth families, individuals, corporations and foundations. . “A key part of what I do is to really make sure I understand what’s important to my clients and then work directly with them to develop a holistic financial plan and investment strategy designed for their specific situations. their timelines and risk tolerance,” he said. mentioned.
Pickett and Stephenson, who have worked together for over six years, launched the Pickett Group of LPL Financial to better support the unique goals and values of their clients. “LPL’s primary goal is to empower advisors to focus on our clients, and they back that commitment with investments in their technology, services, business resources and more,” Pickett said. “We are excited to have access to a wide range of offerings that will allow us to provide our customers with differentiated experiences.”
With Linsco, advisors retain complete autonomy over their brand and business, and how best to manage their financial practice. They also have access to key resources, including seamless digital services, hands-on marketing and administrative support, and an experienced branch management team that serves as an advocate and thought partner.
“We look forward to leveraging LPL’s integrated wealth management platform and innovative technology, particularly their financial planning offering, which will not only make the delivery of planning services easier, but also more efficient,” Pickett said. “Going forward, my goal is to build a team that supports our clients in their efforts to achieve their financial aspirations, and LPL’s platform gives me many more opportunities to achieve that.”
LPL Financial’s Pickett Group will be the second team to join Linsco’s Dallas office, following LPL Financial’s Bespoke Private Wealth, which launched last month. The office will accommodate several more advisors in the future and is expected to become one of Linsco’s largest sites. “It’s very exciting to be part of the start of something new,” Pickett said. “We are thrilled to be able to contribute to the culture of the new Dallas office, and we look forward to collaborating with other like-minded advisors.”
Scott Posner, LPL’s Executive Vice President, Business Development, said, “We welcome the Pickett Group to LPL and congratulate them on making the move towards independence. As Randall and Leslie grow their business with LPL, we are committed to providing the comprehensive support Advisors have come to expect with an employee model, along with the freedom, choice and ability to create a valuable business based on their own terms. We look forward to supporting the team as part of our growing community of advisors in Dallas. »
Inside the Linsco by LPL financial model.
Advisors, find an LPL Business Development Representative near you.
About LPL Financial
LPL Financial (Nasdaq: LPLA) was founded on the principle that the business should work for the advisor, not the other way around. Today, LPL is a leader in the markets we serve,** supporting more than 20,000 financial advisors, and approximately 800 institutional investment programs and 500 independent RIA firms nationwide. We are unwavering in our commitment to the advisor-centric model and the belief that Americans deserve access to personalized advice from a financial advisor. At LPL, independence means advisors have the freedom they deserve to choose the business model, services and technology resources that allow them to run their practice perfectly. And they have the freedom to manage their relationships with their customers because they know their customers best. Simply put, we take care of our advisors, so they can take care of their clients.
* Approximate value based on asset and holding details provided to LPL as of year 2021
** Best RIA Custodian (Cerulli Associates, 2020 US RIA Marketplace Report); #1 independent brokerage in the United States (based on total revenue, Financial Planning magazine 1996-2021); #1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 Company as of June 2021. LPL and its affiliates provide financial services only from the United States.
Securities and advisory services offered by LPL Financial LLC, an SEC-registered broker-dealer and investment adviser. FINRA/SIPC member.
Throughout this communication, the terms “financial advisers” and “advisors” are used to refer to registered representatives and/or representatives of investment advisers affiliated with LPL Financial LLC. We regularly disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.
Connect with us!