LPL Financial and Financial Resources Group Welcome Coastal Wealth Management Group
LPL Financial (NASDAQ:LPLA) announced that Coastal Wealth Management Group has joined Financial Resources Group Investment Services, transitioning from Osaic with approximately $175 million in assets. The Ocean Springs, Mississippi-based team includes Lloyd Baxter, George Cumbest, Darryl Meadows, and Timothy Taranto.
The team chose LPL for its enhanced technology platform, robust resources, and strong acquisition footprint. Coastal Wealth Management Group specializes in serving business owners, pre-retirees, and retirees, with plans to expand into the music industry and college athlete markets. LPL Financial currently supports over 29,000 financial advisors and approximately 1,100 financial institutions, managing about $1.9 trillion in assets for approximately 7 million Americans.
LPL Financial (NASDAQ:LPLA) ha annunciato che Coastal Wealth Management Group si 猫 unito a Financial Resources Group Investment Services, passando da Osaic con circa 175 milioni di dollari in asset. Il team con sede a Ocean Springs, Mississippi, include Lloyd Baxter, George Cumbest, Darryl Meadows e Timothy Taranto.
Il team ha scelto LPL per la sua piattaforma tecnologica avanzata, le risorse solide e una forte presenza nelle acquisizioni. Coastal Wealth Management Group si specializza nel servire imprenditori, persone prossime alla pensione e pensionati, con piani di espansione nel settore musicale e nei mercati degli atleti universitari. LPL Financial supporta attualmente oltre 29.000 consulenti finanziari e circa 1.100 istituzioni finanziarie, gestendo circa 1,9 trilioni di dollari in asset per circa 7 milioni di americani.
LPL Financial (NASDAQ:LPLA) anunci贸 que Coastal Wealth Management Group se ha unido a Financial Resources Group Investment Services, traslad谩ndose desde Osaic con aproximadamente 175 millones de d贸lares en activos. El equipo con sede en Ocean Springs, Mississippi, incluye a Lloyd Baxter, George Cumbest, Darryl Meadows y Timothy Taranto.
El equipo eligi贸 LPL por su plataforma tecnol贸gica mejorada, recursos s贸lidos y una fuerte presencia en adquisiciones. Coastal Wealth Management Group se especializa en atender a propietarios de negocios, personas pr贸ximas a la jubilaci贸n y jubilados, con planes de expandirse en la industria musical y en los mercados de atletas universitarios. LPL Financial actualmente apoya a m谩s de 29,000 asesores financieros y aproximadamente 1,100 instituciones financieras, gestionando cerca de 1.9 billones de d贸lares en activos para aproximadamente 7 millones de estadounidenses.
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鞚� 韺�鞚� 頄レ儊霅� 旮办垹 頂岆灚韽�, 臧曤牓頃� 鞛愳洂, 攴鸽Μ瓿� 瓴碃頃� 鞚胳垬 旮半皹 霑岆鞐� LPL鞚� 靹犿儩頄堨姷雼堧嫟. Coastal Wealth Management Group鞚� 靷梾欤�, 鞚�韲� 鞓堨爼鞛� 氚� 鞚�韲挫瀽毳� 鞝勲鞙茧 頃橂┌, 鞚岇晠 靷办梾瓿� 雽�頃� 鞖措彊靹犾垬 鞁滌灔鞙茧 頇曥灔頃� 瓿勴殟鞛呺媹雼�. LPL Financial鞚� 順勳灛 29,000氇� 鞚挫儊鞚� 旮堨湹 鞛愲臧�鞕� 鞎� 1,100臧滌潣 旮堨湹 旮瓣磤鞚� 歆�鞗愴晿氅� 鞎� 1.9臁� 雼煬鞚� 鞛愳偘鞚� 甏�毽晿鞐� 鞎� 700毵� 氙戈淡鞚胳潉 霃曣碃 鞛堨姷雼堧嫟.
LPL Financial (NASDAQ:LPLA) a annonc茅 que Coastal Wealth Management Group a rejoint Financial Resources Group Investment Services, en provenance d'Osaic, avec environ 175 millions de dollars d'actifs. L'茅quipe bas茅e 脿 Ocean Springs, Mississippi, comprend Lloyd Baxter, George Cumbest, Darryl Meadows et Timothy Taranto.
L'茅quipe a choisi LPL pour sa plateforme technologique am茅lior茅e, ses ressources solides et sa forte pr茅sence en mati猫re d'acquisitions. Coastal Wealth Management Group se sp茅cialise dans l'accompagnement des propri茅taires d'entreprise, des pr茅retrait茅s et des retrait茅s, avec des projets d'expansion dans l'industrie musicale et les march茅s des athl猫tes universitaires. LPL Financial soutient actuellement plus de 29 000 conseillers financiers et environ 1 100 institutions financi猫res, g茅rant environ 1,9 trillion de dollars d'actifs pour environ 7 millions d'Am茅ricains.
LPL Financial (NASDAQ:LPLA) gab bekannt, dass Coastal Wealth Management Group zu Financial Resources Group Investment Services gewechselt ist und von Osaic mit etwa 175 Millionen US-Dollar an Verm枚genswerten 眉bergegangen ist. Das Team mit Sitz in Ocean Springs, Mississippi, umfasst Lloyd Baxter, George Cumbest, Darryl Meadows und Timothy Taranto.
Das Team entschied sich f眉r LPL aufgrund der verbesserten Technologieplattform, der umfangreichen Ressourcen und der starken Akquisitionspr盲senz. Coastal Wealth Management Group spezialisiert sich auf die Betreuung von Gesch盲ftsinhabern, Personen kurz vor dem Ruhestand und Rentnern und plant eine Expansion in die Musikindustrie sowie in den Markt f眉r College-Athleten. LPL Financial unterst眉tzt derzeit 眉ber 29.000 Finanzberater und etwa 1.100 Finanzinstitute und verwaltet rund 1,9 Billionen US-Dollar an Verm枚genswerten f眉r etwa 7 Millionen Amerikaner.
- Addition of $175 million in managed assets to LPL's platform
- Strategic expansion in the Gulf Coast region
- Potential for growth in specialized markets (music industry and college athletes)
- Return of experienced advisor George Cumbest who previously worked with LPL (2010-2015)
- None.
SAN DIEGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- 听announced today that the advisors of have joined , an existing firm supporting LPL-affiliated advisors. They reported serving approximately
Based on the Gulf Coast in Ocean Springs, Miss., the team includes Lloyd Baxter CWS庐, AIF庐, George Cumbest, Darryl Meadows and Timothy Taranto. They were all born and raised on the Mississippi Gulf Coast and continue to be active members of their community. Coastal Wealth Management Group works with business owners, pre-retirees and retirees and has its sights set on advising clients in the music industry as well as college athletes.
鈥淲e aim to follow our passions and transform relationships into clients. One of my favorite ways to gain clients is naturally, through activities I enjoy, such as collaborating with songwriters at a nonprofit,鈥� said Cumbest, who also serves as the President of the Mississippi Songwriter Alliance in his free time. 鈥淲e are a process-driven yet relationship-oriented group. Over the years, some of our clients have become our friends. We have a well-defined, technical process for meeting with clients. We conduct thorough research, listen to their stories and goals, and then develop and propose a tailored plan.鈥�
Why Coastal Wealth Management Group Chose LPL
Looking to enhance their offerings, increase their capacity to serve clients and enjoy a more robust technology platform, the team made the move to LPL after an in-depth due diligence process.
鈥淚 spoke with about 30 advisors and assistants, discussing in detail how they were finding their experience with LPL. The conversations were positive, and everyone seemed very happy,鈥� said Cumbest, who was with LPL from 2010 to 2015. 鈥淭he people we've been working with at LPL have been great. We appreciate that the technology is up to date, they have the resources to support us and LPL鈥檚 strong footprint for acquisitions stood out to us as we look to grow. We believe LPL will offer us more stability moving forward, and we feel positive about our future with LPL.鈥�
Adam Rean-Bohlen, Director of Business Consulting at Financial Resources Group, said, 鈥淲e鈥檙e honored to welcome Lloyd, George, Darryl and Timothy to the Financial Resources Group family. Their industry expertise aligns perfectly with our commitment to excellence, and we鈥檙e excited to continue the partnership in 2025 and beyond. Our number-one goal is to create meaningful value for their business.鈥�
Scott Posner, Managing Director, Business Development, said, 鈥淲e welcome the team at Coastal Wealth Management Group to LPL. At LPL, we are deeply committed to helping business owners like Lloyd, George, Darryl and Timothy by investing in robust, integrated technology capabilities designed to help advisors provide clients with differentiated experiences.听We look forward to supporting the team for years to come as they expand in the Gulf Coast region.鈥�
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About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately
Securities and advisory services offered through LPL Financial LLC (鈥淟PL Financial鈥�), a registered investment advisor and broker-dealer, member FINRA/SIPC.听Coastal Wealth Management Group and LPL Financial are separate entities.
Throughout this communication, the terms 鈥渇inancial advisors鈥� and 鈥渁dvisors鈥� are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the 鈥溾�� or 鈥溾�� section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2024.
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FAQ
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