Young $250M-Asset Financial Team From Wells Fargo Joins LPL
Justin Lotano
Financial adviser Justin Lotano, CDFA, has joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. He reported serving approximately $250 million in advisory, brokerage and retirement assets and joins LPL from Wells Fargo Advisors Financial Network.
Based in Colts Neck, N.J., Lotano’s interest in investments and his dedication to helping others have been the cornerstones of his professional journey since he started his career in 2006. He is joined by Joe Burgard, a recent financial adviser, along with registered representative Kevyn Martinez and staff members TJ Savona and Gianna Granato.
“We are a young team, with an average age of about 30, but we have a great level of experience guiding individuals into a more successful retirement,” said Lotano, who noted the team also focuses on helping clients through divorce and other life transitions.
“We’ve made it a priority to cultivate long-lasting relationships with clients, and now we’re beginning to work with their children and grandchildren. Our goal is to help clients feel empowered and informed along each step of their financial journey, whether that’s navigating major life transitions, managing their wealth or planning for retirement,” said Lotano.
According to the Colts Neck native, he is proud to launch Shorepoint Wealth Management in the city where he grew up. Lotano cited LPL’s integrated technology and operational support as reasons for choosing to affiliate with LPL.
“We welcome Justin and his team to the LPL community. At LPL, we are dedicated to empowering advisors with the essential tools and support to help them create value with clients and run thriving practices,” said Scott Posner, executive vice president, business development at LPL.
“Our platform offers the flexibility and support they require to develop their brand and expand their business on their own terms. We look forward to supporting Shorepoint Wealth Management for generations to come,” added Posner.
Last month, Townsgate Wealth Management also joined LPL from Wells Fargo Advisors Financial Network. They reported serving approximately $1.15 billion in advisory, brokerage, and retirement assets. Based in Westlake Village, Calif., and founded in 2016, Townsgate has grown to an ensemble practice serving primarily high-net-worth individuals, families, and business owners.
Other Wells Fargo Financial Advisors Network-affiliated financial advisers’ joined LPL last year: a $535 million tea headquartered in Manasquan, N.J.: Harbor Lights Financial Group; and a $375 million team from Davidson, N.C.: 4Point Wealth Management.
LPL Financial Holdings Inc. serves nearly 29,000 financial advisers nationwide. Headquartered in San Diego, its total advisory and brokerage assets totaled $1.7 trillion as of Dec. 31, 2024.
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