DealsMay 5, 2026, 08:56 AM
LPL Financial Welcomes Capital Investment Services, Adding $775M Assets
AI Summary
LPL Financial LLC announced that Capital Investment Services, led by financial advisors Bobby Lumpkin, Cindy Little, and Allina Bell, has joined its broker-dealer and Registered Investment Advisor platform. The firm brings approximately $775 million in advisory, brokerage, and retirement plan assets to LPL, transitioning from Raymond James. Capital Investment Services selected LPL due to its flexibility, independence, advanced technology, and cultural alignment, aiming to enhance client service and support.
Key Highlights
- Capital Investment Services joined LPL Financial's broker-dealer and RIA platform.
- The team brings approximately $775 million in advisory, brokerage, and retirement plan assets.
- Financial advisors Bobby Lumpkin, Cindy Little, and Allina Bell lead the team.
- Capital Investment Services transitioned to LPL from Raymond James.
- Bobby Lumpkin was named to Forbes Best-in-State Wealth Advisors for 2024, 2025, and 2026.
- The team chose LPL for its flexibility, independence, advanced technology, and cultural alignment.