Patrick "Pat" Gilmore, formerly with Advisor Group's Sagepoint Financial, joined LPL Financial, the firm announced Wednesday.
Gilmore and his firm, PGA Financial Group, which he founded in 1996, will join LPL’s broker/dealer and corporate registered investment advisor platforms. He manages approximately $125 million in assets for 200 clients in Wayne, N.J.
Gilmore cited LPL's recent investments in technology as a reason for his move.
"I can tell that LPL is listening to what advisors want and need, and as a result they’ve built an incredible digital platform that streamlines processes and creates a better experience for our clients,” he said.
LPL’s latest addition increases its ever-growing corporate RIA and b/d businesses. Both businesses account for nearly $600 billion in assets from LPL’s total $719.3 billion.