Wells Fargo team with $240 million in assets goes indie with LPL

Wells Fargo team with $240 million in assets goes indie with LPL
Bruce Pienton and Scott O’Mara launch Bridgewright Wealth Partners in Grand Rapids, Michigan.
MAY 22, 2023

A team of advisors that oversaw $240 million in client assets at Wells Fargo Advisors has affiliated with LPL Strategic Wealth Services, LPL’s breakaway solution, the firm announced Monday.

Bruce Pienton and Scott O’Mara are launching Bridgewright Wealth Partners in Grand Rapids, Michigan. They’re joined in the move by Bradley Day, their director of client relations. 

Pienton has 39 years of experience, according to his BrokerCheck report, and had been affiliated with Wells Fargo since 1999. O’Mara has 11 years of experience and joined Wells Fargo in 2020.

According to a statement, Pienton and O’Mara interviewed more than a dozen firms before deciding on LPL.

Latest News

LPL building out alts, banking services to chase wirehouse advisors, new CEO says
LPL building out alts, banking services to chase wirehouse advisors, new CEO says

New chief executive Rich Steinmeier replaced Dan Arnold on October 1.

Franklin Templeton CEO vows to "do what's right" amid record outflows
Franklin Templeton CEO vows to "do what's right" amid record outflows

The global firm is navigating a crisis of confidence as an SEC and DOJ probe into its Western Asset Management business sparked a historic $37B exodus.

For asset managers, easy experience is key to winning advisors' businesses
For asset managers, easy experience is key to winning advisors' businesses

Beyond returns, asset managers have to elevate their relationship with digital applications and a multichannel strategy, says JD Power.

Why retaining HNW clients ultimately comes down to one basic thing
Why retaining HNW clients ultimately comes down to one basic thing

New survey finds varied levels of loyalty to advisors by generation.

Stocks drop as investors digest Microsoft, Meta earnings
Stocks drop as investors digest Microsoft, Meta earnings

Busy day for results, key data give markets concerns.

SPONSORED Out with the old and in with the new: a 50% private markets portfolio

A great man died recently, but this did not make headlines. In fact, it barely even made the news. Maybe it’s because many have already mourned the departure of his greatest legacy: the 60/40 portfolio.

SPONSORED Destiny Wealth Partners: RIA Team of the Year shares keys to success

Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.