LPL today announced that a duo from Bank of America Private Wealth with $700 million in advisory, brokerage and retirement plan assets has joined its high-net-worth-focused independent employee affiliation model, LPL Private Wealth Management, to launch BrookBridge Private Wealth in Long Island, N.Y.

John Duane, private client advisor, and Gregory Giantsos, portfolio manager, have been colleagues since 2015, mainly serving clients in the Brooklyn, N.Y. market, according to a news release. They offer wealth management services to a client base that included business owners, non-profit organizations and foundations, professionals and executives as well as legacy wealth, the release said.

Duane, of Brooklyn, N.Y., has been in the financial industry for 30 years, with 25 years exclusively in private banking, the release noted. He began his career in 1997 with Exco USA Securities and worked for other firms, including JP Morgan, Citigroup, Wells Fargo and Merrill Lynch, according to BrokerCheck.

“Our goal is to help clients use their wealth to live the life they want to live,” he said in a statement. “Our clients run the spectrum, from business owners, to families, to organizations, to folks in the media industry. We aim to help each client reach their unique goals, and we are honored to guide them on their journey.” 

Giantsos, of Queens, N.Y., has been a portfolio manager since 2012, the release said. He first registered with the industry with LPL last week, according to BrokerCheck.

“When looking for a new wealth management firm, we wanted to make sure there was not only a deliverable investment platform that offers the solutions our clients are used to but also more opportunities for services that we couldn’t offer in the past,” said Giantsos. “With LPL, we can build BrookBridge the way we want, with the autonomy, support, resources and services we need.”

LPL Private Wealth Management , launched in November 2023, offers private wealth advisors benefits such as “industry-leading payouts, client ownership and business autonomy while gaining access to enhanced service, expanded capabilities and an exclusive high-net-worth advisor community,” the company said.