Levy, Daniel and McGee Wealth Management LLC, with approximately $200 million in client brokerage and advisory assets under management (AUM), has joined LPL Financial LLC’s broker-dealer and corporate RIA platforms.
“We chose LPL for their service and support,” Dudley McGee said. “We wanted an independent partner that gives us the choice and freedom to serve our clients’ best interests, which is fundamental to our business model. LPL is the right partner to support our goals.”
The Lodi, Calif.-based firm, founded in 2012 by Kenneth Levy, Corey N. Daniel and Dudley McGee, joins LPL from Wells Fargo Financial Network.
Levy, Daniel and McGee advisors help build, manage, preserve and transition wealth for business owners, farmers, high-net-worth families, and investors at or near retirement.
LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker-dealer.
As of September 30, 2018, LPL reported a Q3 gross profit of $493 million, with $681 billion in advisory and brokerage assets and $306 billion in advisory assets.
LPL reportedly employs 16,174 financial advisors, and has a staff of 4,101 employees.
“We welcome the Levy, Daniel and McGee team to the LPL family,” said Rich Steinmeier, LPL Financial managing director and divisional president, Business Development. “LPL is committed to … helping advisors earn trust and build long-term relationships with clients that create successful practices…and win in their markets.”