LPL Secures $450M Florida Advisor Team from RayJay

LPL Financial has signed another advisory team from Raymond James, recruiting a nine-person, Florida-based group overseeing approximately $450M in advisory and brokerage assets.

According to an October 16 press release, financial advisors Michael Collins, Jim Spicer, Ryan Roy, Gary Hummel, Robert Torris, David Zaccagnino, Steven Laesser, and Mark Wolf will join LPL, accompanied by registered assistant Logan Wolf, and operate out of St. Petersburg, FL.

The addition is LPL’s third pull from the wirehouse’s advisory network in October after recruiting $2.1B Noble Group and a $340M Morristown, NJ-based duo, as reported by Dakota on October 4 and October 8, respectively.

Dakota also reported on Raymond James’ recruitment of a $250M LPL advisor of nearly 20 years to its independent advisor channel on October 8.

View the press release here.