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LPL, Osaic pick up advisor teams managing $1B from Raymond James, Stifel
LPL Financial LLC and Osaic have expanded their advisor networks by adding teams managing over $1 billion in client assets. LPL gained Capital Investment Services, a Georgia-based firm with $775 million from Raymond James, while Osaic brought in Eric Westall from Stifel Independent Advisors, who manages over $250 million. These moves highlight a trend of firms attracting experienced advisors through enhanced technology, flexibility, and comprehensive support to broaden planning capabilities and client service.