LPL And Osaic Add Advisor Talent From Raymond James And Stifel
LPL Financial and Osaic have added new advisor talent in Georgia and Missouri, bringing in practices tied to more than $1 billion in combined client assets.
The larger move came from Raymond James, where Capital Investment Services moved to LPL with about $775 million in advisory, brokerage and retirement plan assets. Osaic also expanded in the Midwest by adding Eric Westall, a Chesterfield, Missouri-based advisor who previously worked with Stifel Independent Advisors.
Georgia Practice Gives LPL The Larger Asset Move
LPL Financial said advisors Bobby Lumpkin, Cindy Little and Allina Bell of Capital Investment Services have joined its broker-dealer and registered investment adviser platform.
The LaGrange, Georgia-based firm reported approximately $775 million in advisory, brokerage and retirement plan assets. The team serves several client groups, including business owners, entrepreneurs and multigenerational families.
Rather than framing the move only around asset size, Capital Investment Services pointed to the importance of team support and long-term client relationships. Lumpkin said the practice evaluated its options carefully before choosing LPL.
The team also cited several platform-related reasons for the move, including:
Technology: Tools that can support daily advisor work and client service
Flexibility: More room to shape the practice around client needs
Advisor culture: A platform built around supporting independent financial professionals
Practice support: Resources that can help the team maintain and grow long-term relationships
For LPL, the move adds another established advisory practice with a large client base and a multigenerational planning focus.
Osaic Adds Eric Westall Through Innovative Financial Group
Osaic announced a separate move in Missouri, adding advisor Eric Westall through Innovative Financial Group.
Westall is based in Chesterfield and brings more than $250 million in client assets. He previously worked with Stifel Independent Advisors.
His practice focuses on high-net-worth individuals and business owners. Osaic said Westall provides personalized wealth management, advanced planning and long-term financial strategies.
The move also strengthens Osaic’s Midwest presence. Westall joined through Innovative Financial Group, an office of supervisory jurisdiction that supports independent advisors within the Osaic network.
Osaic positioned the transition as part of a broader push to attract advisors who want scale without losing a more collaborative service environment. Westall said the mix of resources, culture and advisor support played a role in his decision.
The Common Thread Is Practice Control
The two moves involve different firms, different markets and different practice sizes. Still, they point to the same larger issue in advisor recruiting: advisors are weighing how much control they can keep while gaining stronger platform support.
LPL’s Georgia addition highlights the appeal of technology, flexibility and an advisor-centered operating model. Osaic’s Missouri move shows how firms are using regional communities and OSJ relationships to attract advisors who want resources without feeling absorbed into a rigid structure.
That makes platform fit one of the bigger themes behind recent recruiting stories. Advisors are not only looking at payout or brand recognition. They are also asking whether a firm can support the way they already serve clients.
Recruiting Competition Keeps Moving Across Regions
The latest LPL and Osaic additions show that advisor recruiting remains active beyond the largest metro markets.
Capital Investment Services gives LPL a sizable Georgia-based team with a broad client base. Westall gives Osaic another Midwest advisor with a business-owner and high-net-worth focus.
Together, the moves show how firms continue to compete for experienced advisors who want more resources, better tools and a platform that fits the way they plan to grow.
