Fross and Fross Wealth Management in the Villages, Fla., with over $530 million in AUM, announced it has joined LPL’s registered investment advisor platform.
The transition to LPL will occur in February as the result of the purchase by LPL of the assets of Fross and Fross's current broker-dealer, SII Investments.
Thomas Fross, the firm’s co-founder along with his twin brother, said, “We remain independent, but now we have a huge support system behind us with enhanced compliance support, technology resources and consulting expertise.”
The firm consists of four producing advisors: Thomas, Robert and Patrick Fross, and Casey O’Rourke, plus 11 full-time staff. The Foss brothers’ work with high-net-worth retirees on wealth accumulation, wealth preservation and distribution, including generational transference of wealth.
The Foss brothers also own Platinum Advisor Strategies, a consulting firm providing branding and marketing support for over 2,000 financial advisors.