LPL Financial Adds $725M Advisor to New 10,000-Sqft Chicago Branch Office
LPLA•Illinois-based advisor Alan Feutz, managing $725 million in client assets, joined LPL Financial’s non-OSJ Genesis Wealth branch in Deerfield, Illinois. Genesis Wealth opened a 10,000-square-foot North Shore office as its platform surpassed $3 billion in assets, while LPL recently added teams with $1.5 billion and $1 billion in assets.
1. Advisor Transition Details
Alan Feutz, with $725 million in client assets and 25 years of industry experience, moved from JPMorgan Securities to the non-OSJ Genesis Wealth branch in Deerfield, Illinois, focusing on high-net-worth and ultra-high-net-worth clients.
2. Office Launch and Asset Growth
Genesis Wealth inaugurated a 10,000-square-foot office on Chicago’s North Shore to accommodate over 20 advisors and support staff, marking the firm’s platform surpassing $3 billion in client assets through organic bank-advisor recruitment.
3. Ongoing Recruitment Momentum
LPL Financial bolstered its advisor network by adding Spectrum Wealth Strategies’ eight-advisor, $1.5 billion team and Central Florida’s $1 billion Cebert Wealth Advisors team to its broker/dealer platform.
