LPL Financial Welcomes Oak Bridge Financial, LLC

Core Insights - LPL Financial has welcomed the financial advisors of Oak Bridge Financial, which manages approximately $230 million in advisory, brokerage, and retirement plan assets, transitioning from Ameriprise [1] Company Overview - Oak Bridge Financial, based in Houston, was founded in 2007 by Peter Goudeau Jr. and Larry Boyd, who collectively have 45 years of industry experience [2] - The firm serves a nationwide clientele, focusing on high-net-worth professionals, including physicians, attorneys, Olympic athletes, entrepreneurs, and business owners [2] Team Expertise - Oak Bridge's team comprises advisors with diverse backgrounds in real estate, computer science, banking, and engineering, allowing for a broader perspective in crafting client strategies [3] Client Experience - The firm emphasizes an end-to-end client experience, managing portfolios in-house and conducting all research, modeling, and trading [4] - Oak Bridge aims to provide immediate and transparent access to client information, facilitated by LPL's robust infrastructure and technology tools [5] Strategic Decision - The transition to LPL was driven by a desire for operational flexibility and technological innovation, allowing Oak Bridge to maintain full ownership of client relationships and business processes [4][5] - LPL Financial is committed to supporting Oak Bridge with innovative technology and comprehensive business solutions [5] LPL Financial Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 32,000 financial advisors and managing approximately $2.3 trillion in brokerage and advisory assets [7]