JFC Financial is led by Jack Connealy (front row, seated in center)
LPL Financial says it has recruited a group with about 100 affiliated advisors working with about $3 billion in assets. They join LPL from Securities America, which became part of the Advisor Group of independent broker-dealers in February.
The advisors and staff making the move are affiliated with JFC Financial Services, which was founded by Jack Connealy in 1992 in Lincoln, Nebraska. The super branch or office of supervisory jurisdiction has worked with investor clients and financial institutions over the years.
JFC has 17 employees and an in-house team of financial professionals, along with 100 affiliated financial advisors who have been moving to LPL since mid-January.
According to Connealy, the firm switched BDs to focus on recruiting and other growth. "We knew LPL was a growth partner that could help us achieve our goals quickly," he said in a statement.
