LPL Financial Adds $185M Advisory Team Citing Superior AI and Cybersecurity
LPL Financial adds Tasha Coleman’s Five Star Wealth Planning, bringing approximately $185 million in advisory, brokerage and retirement plan assets to its platform. The team cited LPL’s superior technology, AI capabilities and cybersecurity protections as key drivers for the transition.
1. Advisor Transition Details
Financial advisor Tasha Coleman, CFP® and her team from Five Star Wealth Planning have joined LPL Financial’s broker-dealer and RIA platform, bringing about $185 million in advisory, brokerage and retirement plan assets. Coleman and her colleagues transitioned from Osaic, leveraging over 20 years of experience in retirement and wealth transfer planning.
2. Technology and Cybersecurity Drivers
The Five Star Wealth Planning team selected LPL for its advanced technology infrastructure, AI-driven tools and comprehensive cybersecurity coverage. Coleman emphasized that aligning clients with a firm investing in innovation while preserving personalized relationships was critical.
3. Strategic Impact for LPL Financial
This addition complements LPL’s existing network of over 32,000 advisors and supports the firm’s $2.4 trillion in assets under custody. Expanding relationships with boutique teams enhances LPL’s growth trajectory and reinforces its position in the advisor-mediated wealth management market.