Raymond James has lured an LPL team of advisors in Towson, Md., that will operate under its independent broker-dealer.
The team is led by Tony Fusco, who previously had $230 million in client assets under management at LPL, where he served for 16 years. Fusco began his career in 1985, and focuses on estate, investment and retirement planning.
Also moving to Raymond James with Fusco is Kevin Fusco, his partner and son; David Matthews, financial advisor; Steven Moore, senior financial analyst; Donna Childress and Michelle Dumler, registered associates; and Ascenza DiFerdinando, client services associate. The team operates under the name Fusco Financial Associates.
The decision to move to Raymond James was influenced by its strong bond desk and overall culture, Tony Fusco said in a statement.
The personalized, service-first culture, combined with the resources of a Wall Street firm and my ability to continue to run an independent practice, while serving my clients best interests, were all very compelling, Fusco said.