Susquehanna Financial Advisors, a $140 million boutique investment wealth management firm with Pennsylvania offices in Mechanicsburg and South Williamsport, has joined LPL Financial’s broker-dealer and corporate registered investment advisor platforms, LPL announced today.
Ed Gormley founded Susquehanna Financial Advisors in 1994 after working at international accounting firms where he specialized in executive financial planning and taxes. He was affiliated with LPL at the start of his career as an independent advisor.
Gormley said his long-term goals for the business include potential mergers or acquisitions, which he plans to leverage through LPL’s M&A resources and succession planning expertise.
Susquehanna Financial serves about 250 families, mostly high-net-worth retirees. The firm formerly was with Securities Service Network.
LPL Financial, headquartered in Ft. Mill, S.C., San Diego and Boston, is the nation’s largest independent broker-dealer.