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LPL Financial Welcomes Horizon Capital Advisors
LPLALPL Financial(LPLA) GlobeNewswire·2025-04-02 12:55

Core Insights - LPL Financial LLC has welcomed eight financial advisors from Horizon Capital Advisors, who manage approximately 450millioninadvisory,brokerage,andretirementplanassets,transitioningfromOsaic[1][2].Group1:CompanyOverview−HorizonCapitalAdvisorshasahistoryofover50yearsandisbasedinOverlandPark,Kansas,withadditionalofficesinMissouriandKansas[2].−TheteamincludesfinancialadvisorsBrettDeuth,J.BrockMcClain,BrianWatts,andothers,emphasizingacollaborativeapproachtowealthmanagement[2].Group2:StrategicMove−ThetransitiontoLPLFinancialwasmotivatedbytheHorizonteam′sdesireforimprovedserviceexperiences,operationalefficiencies,andamoreadvancedtechnologyplatform[3].−TheadvisorsbelievethatLPLprovidesthenecessarytoolstoenhanceclientservicesandaddvalue,citingthestabilityofaFortune500companyasakeyfactor[4].Group3:LPLFinancial′sPosition−LPLFinancialisrecognizedasoneofthefastest−growingwealthmanagementfirmsintheU.S.,supportingnearly29,000financialadvisorsandmanagingapproximately450 million in advisory, brokerage, and retirement plan assets, transitioning from Osaic [1][2]. Group 1: Company Overview - Horizon Capital Advisors has a history of over 50 years and is based in Overland Park, Kansas, with additional offices in Missouri and Kansas [2]. - The team includes financial advisors Brett Deuth, J. Brock McClain, Brian Watts, and others, emphasizing a collaborative approach to wealth management [2]. Group 2: Strategic Move - The transition to LPL Financial was motivated by the Horizon team's desire for improved service experiences, operational efficiencies, and a more advanced technology platform [3]. - The advisors believe that LPL provides the necessary tools to enhance client services and add value, citing the stability of a Fortune 500 company as a key factor [4]. Group 3: LPL Financial's Position - LPL Financial is recognized as one of the fastest-growing wealth management firms in the U.S., supporting nearly 29,000 financial advisors and managing approximately 1.7 trillion in assets [6]. - The firm offers a variety of advisor affiliation models, investment solutions, and technology resources, allowing flexibility for advisors and institutions [6].