Maitland, Fla.-based Synergy Wealth Alliance, which includes office of supervisory jurisdiction manager and financial advisor Christopher Bordner and15 more financial advisors, has joined LPL broker-dealer and corporate RIA platforms, according to a press release from the company. The team managed around $650 million in brokerage and advisory assets at Cetera, LPL says.
One reason Synergy joined LPL is for the support the company provides for growing the firm, as Bordner wants to double the size of his practice every 36 months, according to the press release.
Cetera poached a team of advisors from LPL in December. But overall, LPL has been aggressively luring advisors from rivals during the past few months. Earlier in February, LPL added a father-and-son team of advisors who managed $385 million at Raymond James and a $225 million team from SagePoint Financial, part of the Advisor Group network of broker-dealers.
In 2019, LPL grew its advisor ranks by 355, ending the year with 16,464.