Birmingham, Ala.-based advisor group Bridgeworth Financial, with nearly $1 billion in AUM, has left Lincoln Financial to join the country's largest independent B-D, LPL Financial, in a move that demonstrates the benefits of scale.
"They chose to partner with us because they really want to evolve," crowed LPL Executive Vice President of Business Development Bill Morrissey. "Bridgeworth is not only aligning with our B-D, but is using LPL as their primary custodian. Because we are serving in both these capacities, they are doing it all on one platform. That will create a lot of efficiency for them."
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