$800M Texas Team Splits From Kestra, Joins LPL

Adams spent a decade of his career in public accounting with a focus on retirement plan consulting before joining the financial advice industry 14 years ago. Although his roots are in retirement planning and employee benefits, as the team evolved over the years, their services expanded to include comprehensive wealth management, according to LPL.

"We help our clients understand that the financial decisions they make today have an incredible impact on their future," Adams said in the announcement.

Explaining why the team decided to join LPL, he said: "We believe LPL has the resources, services and scale to really help us differentiate our business. We've found that LPL's trading platform is incredibly easy to use and the level of innovative technology has already improved how we open new accounts and manage our business."

LPL has been recruiting advisor teams at a fast rate. The company "will continue to use our size and scale to create value for our advisors, including making investments in the integrated technology and business resources that can help them be more successful by serving their clients efficiently and effectively," according to Scott Posner, LPL executive vice president, business development.