LPL adds Securities America team managing $200 million

LPL adds Securities America team managing $200 million
Stephen Walker and Wes Alston operate as Walker Alston Financial Group in San Antonio, Texas.
APR 05, 2023

A pair of advisors who oversaw $200 million at Securities America, which is part of Advisor Group, has affiliated with LPL Financial, the firm said Wednesday, and will use its broker-dealer, RIA and custodial platforms.

Stephen Walker and Wes Alston founded Walker Alston Financial Group in San Antonio in 2017. Two staffers join them in the move to LPL.

“Given the market volatility and current environment, we decided it was time to find a new partner at a larger firm to provide clients with a better foothold,” Alston said in the statement.

With the move to LPL, “our clients will have enhanced technology and easy access to their account information, all incorporated into one easy to use system,” he added.

Take advantage of the boom in alternatives with these strategies

Latest News

RIA M&A stays brisk in first quarter with record pace of dealmaking
RIA M&A stays brisk in first quarter with record pace of dealmaking

Driven by robust transaction activity amid market turbulence and increased focus on billion-dollar plus targets, Echelon Partners expects another all-time high in 2025.

New York Dems push for return of tax on stock sales
New York Dems push for return of tax on stock sales

The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.

Human Interest and Income Lab streamline workflows for retirement-focused advisors
Human Interest and Income Lab streamline workflows for retirement-focused advisors

The fintech firms' new tools and integrations address pain points in overseeing investment lineups, account monitoring, and more.

Buy or sell Canada? Wealth managers watch carefully as Canadians head to the polls
Buy or sell Canada? Wealth managers watch carefully as Canadians head to the polls

Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.

Carson, Lido strengthen RIA networks with bicoastal deals
Carson, Lido strengthen RIA networks with bicoastal deals

Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.