LPL Financial Welcomes Les Smith with $185M in Client Assets
LPLA•LPL Financial has onboarded CFP® Les Smith, who brings approximately $185 million in advisory, brokerage and retirement plan assets, expanding its advisor network and potential fee revenue. Smith selected the platform for its advanced technology, autonomy and advisor-first model to offer customized tax, estate and tactical investment solutions.
1. Les Smith Joins LPL Financial
CFP® Les Smith has joined LPL Financial’s broker-dealer and RIA platform, transferring his practice from Edward Jones. Smith oversees about $185 million in advisory, brokerage and retirement plan assets, which he built organically over more than a decade.
2. Advisor-First Platform Appeal
Smith cited LPL’s advanced technology, autonomy and flexible advisor-first model as key factors in his decision, noting the firm’s ability to support deeper tax, estate and tactical investment planning tailored to each client.
3. Client Focus and Approach
Specializing in blue-collar pre- and post-retirement clients, Smith emphasizes consistent communication, incremental plan refinements and disciplined small changes to help clients achieve steady progress toward long-term financial goals.
4. Impact on LPL Financial
The addition of a $185 million asset base strengthens LPL’s advisory network, potentially boosting recurring fee revenues and underscoring the firm’s continued success in attracting experienced advisors.
