El Paso, Texas-based financial advisor Peter DeSantis of Peter DeSantis & Co. has joined LPL Financial’s broker-dealer, corporate registered investment advisor and custodian platforms, the companies announced today.
DeSantis and his wife, Ana, the firm’s administrative assistant, were formerly with Cetera Advisor Networks in El Segundo, Calif., where he managed approximately $100 million in brokerage and advisory assets. The move to LPL reportedly will enable DeSantis to implement a succession plan with another advisor already affiliated with LPL.
LPL Financial, headquartered in Ft. Mill, S.C., San Diego and Boston, is the nation’s largest independent broker-dealer.