Rubino, Skedsvold, Moran & Associates, a Portland, Ore.-based boutique financial advisory firm, has joined LPL Financial’s broker-dealer, RIA and custodial platforms, the companies said today.

Led by veteran advisors Judy Rubino and Kari Skedsvold, who spent the past 24 years building the business, Rubino, Skedsvold, Moran & Associates managed about $340 million in client assets with Ameriprise. The team also includes advisor Devin Moran, financial planning assistant Mercedes Arnston, and client service associates Breanna Steigers and Siri Miller.

In a news release, Skedsvold said that the practice serves a clientele consisting of physicians, executives, women, and high-net-worth professionals.

“We know our clients’ finances inside out and offer in-depth, personalized services to help them create wealth-building strategies,” she said in the news release. “We have very strong relationships and deep experiences with our clients.”

Rubino said that as the practice had evolved and grown over the years, she and Skedsvold decided they needed a new partner more aligned with their values and goals, one that offered them more flexibility and enhanced technology. After performing their due diligence, they and their team decided that LPL was a better fit for their current needs.

“LPL is very progressive and offers a transparent, independent platform that is more suited for where our practice is today and [into] the future,” Rubino said in the news release.

She said that the move from Ameriprise to LPL was also made with succession planning in mind.

“We’ve spent our entire adult lives helping people,” Rubino said. “We’ve created a legacy and need our team to help carry that on. We are excited to move to a supportive environment where we can grow our practice on our own terms, with a relatively young team who can continue to deliver the comprehensive service that our clients have come to expect.”

Scott Posner, LPL executive vice president for business development, said in a prepared statement that he and his firm welcomed Rubino, Skedsvold, Moran & Associates to the LPL family, and looked forward to a long-lasting partnership with the practice for years to come.

“At LPL, we believe advisors know what’s best for their clients,” he said in the news release. “In fact, our core mission is to take care of advisors so they can take care of their clients, and we do this by supporting them with a wide range of differentiated services and innovative technology experiences designed to help them thrive.”

Headquartered in Fort Mill, S.C., San Diego, and Boston, LPL Financial supports nearly 21,000 financial advisors, and about 1,100 institution-based investment programs and 500 independent RIA firms nationwide.