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Recruiting news slowed down a bit in the week before the Christmas holiday. This past week, though, the news includes advisors departing from a broker-dealer affiliated with Advisor Group, which is now buying Ladenburg Thalmann and its BD network.
LPL Financial says it has recruited a group of seven financial advisors affiliated with Royal Alliance — CPC Financial Planning, which works with about $390 million in client assets.
Based near Philadelphia, CPC Financial includes Rich Capasso, CFP; Earl Clairmont, CFP; John Paciello, CFP; Andy Gilinsky, CFP; Charlie Wilensky, CFP; Rick Clairmont; and Frank Imperial.
Each of the advisors is also a certified public accountant affiliated with Clairmont, Paciello & Co. They have three staff members.
"We are glad to be a part of LPL and look forward to future growth with the firm," according to Capasso, who was with Royal Alliance for the past 22 years.
"LPL's ClientWorks technology is aligned with our clients' needs and growing expectations. We are eager to begin using the Client Goals tool in ClientWorks Connected to help us have meaningful conversations as we map out our clients' financial goals and objectives," he added.
FiNet News
Wells Fargo Advisors Financial Network, the firm's independent channel, says it recently added three advisors, including one from Royal Alliance.
Chad Zimmerman, formerly of RBC Wealth Management, has joined Northstar Financial Group of West Fargo, North Dakota, an independent practice affiliated with FiNet. Zimmerman has 20 years of industry experience and manages about $127 million in client assets.
Kerry Hemphill, earlier affiliated with Royal Alliance, is now part of Seventy2 Capital Wealth Management near Washington, D.C. Hemphill started his career 26 years ago manages about $90 million.
