FUNDRAISING NEWS | August 12, 2024
Harbor Lights Financial Group has returned to LPL Financial’s broker-dealer, RIA, and custodial platforms, managing approximately $535 million in assets. The firm, based in Manasquan, N.J., was founded in 1994 by financial advisors Doug Lockwood, Rob Tendler, and Ken Roberts, who specialize in strategic investment advice and high-touch service for clients.
After leaving LPL in May 2016, the Harbor Lights team closely observed LPL's transformation and concluded that it has evolved into the ideal partner for their business's future. They were particularly attracted to LPL’s enhanced liquidity and capital resources, which they believe will ensure the longevity of their practice. The team, which includes financial advisors David Scureman and Jonathan Shippee, as well as COO Steve Catapano and five support staff members, sees LPL as the best partner for their next chapter. Their return marks a strategic move to align with LPL's future-focused approach to wealth management.
To view the press release, click here.
John Washington is the Data Research Analyst at Dakota.
