Morgan Stanley Loses FA Group to Janney
Brendan Biruk and Dan Rattigan have released Washington Crossing Financial Group in Washington Crossing, Pa., and will use LPL’s broker-dealer and business RIA platforms, the company states.
They formerly reported serving approximately $245 million in brokerage, advisory and retirement plan properties, LPL states.
“By partnering with LPL, we have the liberty to run our service our method, with clients’ benefits top of mind,” Biruk states in a statement.
“We value that LPL enables us to select our own monetary preparation tools, analytical software and CRM system, all integrated into one platform to make our task easier,” Rattigan includes a declaration.
Both Biruk and Rattigan had actually invested the previous 12 years at UBS, after formerly working for Merrill Lynch and Prudential Securities, according to BrokerCheck.
LPL has sought to position itself as an appealing location for wirehouse breakaways, and last year rolled out two brand-new affiliation models targeted at W-2 staff member advisors.