Davis Executive Wealth Joins LPL Strategic Wealth With $635 Million in Assets
Updated
Updated · Quiver Quantitative · May 19
Davis Executive Wealth Joins LPL Strategic Wealth With $635 Million in Assets
2 articles · Updated · Quiver Quantitative · May 19
$635 million advisory firm Davis Executive Wealth has moved from Steward Partners to LPL Financial’s Strategic Wealth model, expanding LPL’s reach in the high-net-worth advisory market.
Norwell, Massachusetts-based Davis Executive Wealth said it chose LPL’s supported-independence platform for added operational, technology and planning support tailored to complex tax, estate and multigenerational wealth needs.
Timothy Davis leads the team, which serves executives, entrepreneurs, business owners and wealthy families across the East Coast as well as Houston, Denver and Chicago.
LPL said Strategic Wealth gives advisors dedicated business, marketing, CFO and administrative support while preserving entrepreneurial flexibility, a pitch aimed at practices handling more sophisticated clients.
With insiders selling LPL stock, is this $635M firm making a risky bet on its new partner?
A $635M firm joins a giant. Is this the end of advisor independence or a new way to achieve it?
How will new tax laws and AI tools reshape wealth management for the ultra-rich in the coming years?