LPL Adds $340M Morristown (NJ) Team from RayJay

LPL Financial announced the addition of Morristown Wealth Management and financial advisors Don Giovanello, Jr., and Gian Paolella from Raymond James, where they managed approximately $340M in advisory and retirement plan assets, in a press release published October 7.

The Morristown practice was established in 2009 by Don Giovanello, Sr., who passed away in 2018. Giovanello, Jr., spent seven years with LPL before joining his father at Raymond James in 2016 and being subsequently joined by brother in law Paolella in 2018. Along with longtime practice manager Ellen Luithle, the group will move to LPL and take the Morristown Wealth Management name with them, according to CityWire, while other employees with the Morristown practice will remain with Raymond James.

View the press release here: https://www.lpl.com/news-media/press-releases/lpl-financial-welcomes-morristown-wealth-management.html