LPL Recruits Osaic Teams With $4B

LPL Financial has successfully recruited more than 30 financial advisors from two teams at Osaic, formerly Advisor Group, known as Academy Financial and PFG Advisors.

The advisors collectively managed some $4 billion at Osaic and came to be part of the firm through its recently closed acquisition of broker-dealer Lincoln Financial Advisors and Lincoln Financial Securities, its partner registered investment advisor firm.

Moving forward, the advisors will join forces at LPL and operate under the Academy Financial brand umbrella.

Headquartered in Lutherville, Maryland, Academy Financial was founded in 1992 by U.S. Military Academy graduate Harry Horn. Since then, Academy has grown into a full-service financial planning firm that specializes in wealth creation and preservation strategies.

The firm is now led by partners Brent Kvech, T. Joseph Barger, Michael Leonard and Michael McFeeley, while Horn continues to serve as a consultant and partner emeritus.