Father-son advisor duo hops to LPL from Avantax

LPL Financial has expanded its reach in Virginia as a family-run advisory practice from Avantax switches affiliations.

On Wednesday, the firm announced financial advisors George Englert, Kevin Englert, and Carrie Hughes have joined its broker-dealer, RIA, and custodial platforms.

The advisors were previously affiliated with Avantax – which was fully acquired by Cetera last November – where they reported managing approximately $170 million in advisory, brokerage, and retirement plan assets.

Based in Springfield, Virginia, Englert Financial is a family-run firm founded by George Englert. The 22-year industry veteran has a background working with government agencies such as the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.

Kevin Englert, his son, joined the firm in 2011 following a career in public accounting and the private industry as an auditor. Carrie Hughes was welcomed into the team five years later in 2016, bringing expertise in wealth management, accounting, insurance, business analysis, and project management.

“We believe our clients deserve the highest level of service, which is why we take a team approach to add a broader perspective to all we do,” George Englert said in a statement.

“Our goal is to provide a variety of comprehensive financial planning services and investment strategies with the understanding that each client is unique and deserves personalized attention and tailored services,” he said.

Hughes highlighted LPL’s “best-in-class technology and innovative resources,” critical for the team to “elevate our service and provide clients with more hands-on experiences,” as decisive factors in the transition.

“[O]ur team will be able to save time and truly focus on what’s most important, which is personalized investment planning and building wealth for our clients,” Hughes said.

LPL’s addition in Wisconsin comes on the heels of its welcoming a veteran advisor and former minor league baseball player from Osaic in New York City.