LPL Recruits $430M NJ Team from RayJay

LPL announced that veteran Morristown, NJ-based advisors Larry Forlenza and Carl Hanks joined the firm’s broker-dealer, RIA, and custodial platforms, making the jump from Raymond James’ independent advisor channel where they managed $430M in client assets.

Upon their move to LPL, Forlenza and Hanks were reunited with the Morristown Wealth Management team, including advisors Don Giovanello and Gian Paolella, who transferred to LPL last October.

Forlenza brings 28 years of experience in financial planning, according to his BrokerCheck record. He provided comprehensive wealth management services for clients during his time at firms such as Morgan Stanley, Merrill Lynch, and Seligman Advisors. Hanks has been in the financial industry since 1991, according to his BrokerCheck profile, with previous stints at Fidelity Investments, Merrill Lynch, and Morgan Stanley.

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Written By: Dakota

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