LPL Financial Adds Three Teams, $485M in Assets From Wells, Edward Jones, Osaic

LPL Financial LLC (Nasdaq: LPLA) continued its recruitment streak this spring, recently announcing the addition of three independent advisory teams over a one-week period. The new arrivals from across the Midwest and Southeast bring a combined $485 million in advisory, brokerage, and retirement plan assets to LPL’s broker-dealer and registered investment adviser platforms.

Most recently, Kansas City-based Emerald Legacy Advisors joined from Wells Fargo Advisors Financial Network. The practice is led by managing partners Jim McMurtry and Allie Konieczka, along with Michelle Reek, McMurtry’s daughter.

The team, which focuses on intergenerational wealth and young professionals, rebranded in 2024 to reflect its stated legacy focus. “LPL’s independent platform gives us the flexibility to serve our clients the way we believe is best,” said McMurtry.

Earlier this month, LPL welcomed Trey Pope, who transitioned from Edward Jones. Based in Huntsville, Ala., Pope serves a diverse roster of engineers and medical professionals.

After a year-long due diligence process, Pope chose LPL for its “economies of scale,” noting that the firm’s resources allow him to run a more efficient business while providing a more robust planning experience for his clients.

The earliest of the three moves came on March 31, 2026, when Minnesota-based Five Star Wealth Planning, led by founder Tasha Coleman, joined LPL from Osaic. Coleman’s team – including Andrew Bjorklund, Roberta Porter, and Raelyn Segre – specializes in complex wealth transfer and retirement planning.

Coleman cited LPL’s technology offerings as the primary driver for the move. “With AI evolving faster than ever, it was essential to align my clients with a firm that not only invests in innovation but does so with the adviser-client relationship at the center,” Coleman stated.

Scott Posner, LPL’s managing director of business development, said the three teams reflect the firm’s focus on supporting adviser independence. “We are pleased to welcome these talented professionals,” Posner said. “Their commitment to personalized planning and serving clients through life’s transitions is exactly what our platform is designed to support.”

Posner is leaving LPL at the end of June after eight years with the independent broker-dealer.

LPL Financial Holdings Inc. supports more than 32,000 financial advisers and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $2.4 trillion in brokerage and advisory assets.

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