DealsJun 16, 2026, 08:57 AM
LPL Financial welcomes Spectrum Wealth Strategies with $1.5B assets
AI Summary
LPL Financial announced that Spectrum Wealth Strategies, a team of financial advisors, has joined its broker-dealer and Registered Investment Advisor (RIA) platform. The team reported serving approximately $1.5 billion in advisory, brokerage, and retirement plan assets, transitioning from MassMutual. Based in Dallas with additional offices, Spectrum Wealth Strategies emphasizes a collaborative, team-based approach to long-term financial planning for high-earning individuals and families. The team chose LPL for greater independence, enhanced capabilities, and advisor-focused support.
Key Highlights
- Spectrum Wealth Strategies joined LPL Financial's broker-dealer and RIA platform.
- The team brings approximately $1.5 billion in advisory, brokerage, and retirement plan assets.
- Spectrum Wealth Strategies consists of 8 financial advisors and 2 associate advisors.
- The team was previously affiliated with MassMutual.
- LPL Financial supports over 32,000 financial advisors and manages approximately $2.3 trillion in assets.
Price Impact
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