FDR Financial Group Inc., a firm managing about $400 million in advisory and brokerage assets, has left Kestra for LPL Financial’s broker-dealer, corporate registered investment advisor and custodial platforms, LPL announced today.
The team, which has offices in Boca Raton and Hollywood, Fla., was founded in 1983 by Jeffrey Solodkin and Leslie Zuckerman with a focus on financial planning for physicians and business owners in South Florida. The practice has grown into a boutique firm providing clients with comprehensive financial services, according to a press release. The founding partners are joined by partners and financial advisors Jason Solodkin, Eric Mathes and Jeffrey Blaze, as well as chief financial strategist Jeremy Schinder.
Jason Solodkin, a next-generation advisor who joined the team about 12 years ago, noted that its members have diversified backgrounds that run the gamut from estate and retirement planning to personal insurance (with more than $1.2 billion of life insurance under management) and corporate benefits. They offer both fee-based and brokerage services. “We want to be a one-stop shop for financial services as we aim to deliver holistic results. Our clients have access to an entire team qualified to handle complex matters and serve their needs,” he said in a statement.
Solodkin explained the decision to join LPL came after thorough due diligence and research to find a partner that could position his firm to be successful serving their current clients as well as the next generation of clients.
“We believe LPL is a long-term partner with the size and scale to support our growth while ensuring the highest level of service for our clients. It’s clear that LPL is highly committed to providing advisors with innovative technology and enhanced experiences,” he said, adding that the team also appreciated LPL’s robust advisory platforms and solutions.