Financial advisor Michael Kostich Jr. has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms, the companies announced today in a news release.
Kostich was formerly with Avantax Investment Services, part of Blucora, where he managed $130 million in brokerage, advisory and retirement plan assets. His firm, Wealth Planning Advisors, offers financial planning, estate planning and tax consulting from offices in Pinehurst and the Outer Banks, N.C.
Kostich worked in traditional accounting roles right out of college before launching his own practice at age 29, the release said. In 2010, he purchased his mentor’s business in Pinehurst, N.C. Since then, he has expanded the practice to include two additional licensed representatives and a licensed assistant.
LPL Financial, with headquarters in Ft. Mill, S.C., San Diego and Boston, is the nation’s largest independent broker-dealer.