LPL Financial Welcomes Women-Led West Texas Investments

Core Insights - LPL Financial has welcomed three financial advisors from West Texas Investments, who manage approximately $170 million in advisory, brokerage, and retirement plan assets, transitioning from B. Riley Wealth Advisors [1][2] Group 1: Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting nearly 29,000 financial advisors and servicing approximately$1.7 trillion in brokerage and advisory assets for around 6 million Americans [6] Group 2: Team Background - West Texas Investments was founded in 2012 by Stephanie Stewart and her late partner David Barber, with Debra Hedgcoth joining in 2018 after a 25-year career with the IRS, and Madison Wentland joining in 2019 [2] - The team has over 40 years of combined industry experience and employs a holistic approach to assist clients in achieving their financial goals [2] Group 3: Client Engagement Strategy - The team utilizes a 'Discover, Design and Deliver' approach to understand clients' dreams and values, creating customized financial plans and providing ongoing support [3] - The transition to LPL is aimed at enhancing service offerings and improving the client experience through integrated technology and extensive back-office services [4] Group 4: Transition Experience - The transition process to LPL has been described as seamless, with positive feedback on the communication and support received from LPL's transition team [4] - LPL's commitment to helping advisors differentiate themselves and enhance client experiences is emphasized by Scott Posner, LPL Managing Director [4]