LPL Financial Adds $150M in Assets with Fortress Financial Advisors
LPLA•LPL Financial announced that advisors Bassem Moez and James Darden of Fortress Financial Planning have joined its broker-dealer and RIA platform with approximately $150 million in advisory, brokerage and retirement assets from MassMutual. The Detroit-area team, focusing on pre-retirees, retirees and professionals, cited LPL’s open architecture and flexibility in delivering independent, personalized advice.
1. Fortress Financial Planning Joins LPL Financial
Advisors Bassem Moez and James Darden have moved their practice from MassMutual to LPL Financial’s broker-dealer and RIA platform, bringing approximately $150 million in advisory, brokerage and retirement plan assets. Based in the Detroit metro area, the duo serves pre-retirees, retirees and professionals such as physicians and business owners with a focus on personalized guidance.
2. Strategic Rationale for the Move
The advisors selected LPL for its open architecture, technological flexibility and support for independent advice, aligning with their philosophy of client-first transparency and education. Moez’s prior eight-year affiliation with LPL and Darden’s desire to enhance practice independence were key drivers.
3. Impact on LPL’s Growth and Platform
The addition boosts LPL Financial’s network, which supports over 32,000 advisors and custodies roughly $2.3 trillion in assets. LPL’s leadership highlights that the move reinforces its commitment to empowering advisors with tailored solutions and practice management resources.
