Carson Wealth Nabs $500M Wells Fargo Team: Recruiting Roundup

LPL Financial says it has recruited a team with $640 million in assets to its hybrid platform: Stofan Agazzi Investments of Joliet, Illinois, which formerly worked with Wintrust Investments, and is led by President Mark Stofan, CFP.

"We welcome Mark and the team to LPL. We are proud they recognized that we have the stability to serve as a long-term partner to their firm and their clients," according to Rich Steinmeier, LPL Financial managing director and divisional president of Business Development, "We are committed to our advisors' success and will continue to invest in capabilities that support their growth."

Stofan as 31 years in industry experience. His colleagues, who also made the move with him, are Carroll Klotz, Marie Knorr, Ronald Lambert, George Stofan, Irene Celander and Daniel Murphy.

More Firm Changes

Meanwhile, HPM Partners says it now is doing business as Cerity Partners of New York.

"We recognized an opportunity to better communicate the character of our people, advice and service to clients and business partners," said according to President and CEO Kurt Miscinski. "A modification of the word sincerity, our new name perfectly encapsulates our  character and the experience our clients receive."

As part of its rebrand, the $10 billion RIA plans to continue to invest in the future of its private-partnership model. Its strategic initiatives include "recruiting talented and passionate specialists across the country who thrive in a collaborative environment and can help build a robust multi-generational perspective reflective of the firm's clients," Cerity said in a statement.

The RIA has six offices nationwide.