LPL Financial has landed a group of eight financial advisors in St. Petersburg, Fla., that previously managed $450 million in advisory and brokerage assets at Raymond James, according to a news release.
The group, which operates independently, joins LPL Financial’s broker-dealer, RIA and custodial platforms. The group includes Michael Collins, Jim Spicer, Ryan Roy, Gary Hummel, Robert Torris, David Zaccagnino, Steven Laesser and Mark Wolf, along with Logan Wolf, a registered assistant.
The move to LPL will help position the group for “long-term sustainability and growth,” said Collins, who had been with Raymond James for 19 years, according to BrokerCheck. He served as a branch manager, the release said.
“We were seeking a partner that could help us elevate our service offering so we can continue to give clients what they need and deserve. With LPL, we have access to a wide range of innovative capabilities and strategic resources, along with an expanded suite of products that will greatly enhance client experiences,” Collins said in a statement.