Advisers serving $800 million in assets leave Ameriprise for LPL
Intellectual Capital Group is based in Spring Lake, N.J.
Three advisers serving $800 million in client brokerage and advisory assets in Spring Lake, N.J., have left Ameriprise Financial and affiliated with LPL Financial.
Michael Bonevento, James Costabile and Craig Laday, who operate as Intellectual Capital Group, are joining LPL’s broker-dealer and corporate registered investment adviser platforms. They all were long-time Ameriprise advisers.
(More: See more adviser moves in InvestmentNews’ Adviser on the Move database.)
Mr. Bonevento had been affiliated with the firm and a predecessor company since 1994; Mr. Costabile since 2002, and Mr. Laday since 1987.
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