Mergers & Moves: Raymond James, LPL take on new teams, while J.P. Morgan, Advisor Group and others tap new leadership

Trader Talk
lpl-financial

LPL Financial’s Strategic Wealth Services, the firm’s specific channel for ex-wirehouse financial advisors and teams, added planner Nick Bevad from Marlton, New Jersey-based Claritas Financial Partners. He joined the existing firm associated with LPL from Merrill Lynch, where his team managed about $135 million in client assets. “This decision did not come lightly,” Bevad said. “I put in a lot of due diligence over the last few years, evaluating a number of different wealth management firms, and I always came back to LPL.”

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