LPL Financial Welcomes Jackson/Roskelley Wealth Advisors

Rhea-AI Summary

LPL Financial (LPLA) has announced that Jackson/Roskelley Wealth Advisors has joined its broker-dealer, RIA, and custodial platforms from Ameriprise. The Scottsdale, Arizona-based team, led by Jared Roskelley and Kyle Robertson, brings approximately $345 million in advisory, brokerage and retirement plan assets.

Founded in 1994 by Bob Jackson, the firm emphasizes integrity, insight, and independence. Roskelley joined as a shareholder in 2006 and later became president and CEO, while Robertson joined in 2015 as managing director. The team chose LPL for its true independent platform, absence of proprietary investment products, and integrated technology solutions.

LPL Financial currently supports over 29,000 financial advisors and 1,200 financial institutions, managing approximately $1.7 trillion in brokerage and advisory assets for 6 million Americans.

Positive

• Acquisition of advisors managing $345 million in assets strengthens LPL's market presence
• Expansion of client base through established wealth management team
• Current total assets under management of $1.7 trillion demonstrates significant market position

Negative

• None.

Insights

Market Research Analyst

This strategic advisor acquisition underscores LPL Financial's continued momentum in attracting high-value practices, with Jackson/Roskelley Wealth Advisors bringing $345 million in assets under management. While this represents a relatively small fraction (0.02%) of LPL's total $1.7 trillion in custodied assets, it exemplifies the company's successful execution in the competitive advisor recruitment landscape.

The transition highlights several key industry dynamics:

• The growing trend of advisors seeking true independence and moving away from firms with proprietary product constraints
• The increasing importance of integrated technology platforms as a competitive differentiator in advisor recruitment
• LPL's strategic positioning as a technology-forward platform that appeals to entrepreneurial advisors

For investors, this recruitment success demonstrates LPL's continued ability to execute its growth strategy through advisor acquisition. The company's focus on providing integrated technology solutions and maintaining an open architecture platform positions it well in the ongoing competition for advisor talent. While individual practice acquisitions may seem incremental, the cumulative effect of these additions contributes to LPL's market share expansion and recurring revenue growth.

SAN DIEGO, Feb. 06, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Jared Roskelley, CFP®, and Kyle Robertson, CFP®, of Jackson/Roskelley Wealth Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $345 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise.

Based in Scottsdale, Ariz., Jackson/Roskelley Wealth Advisors was founded on the principles of integrity, insight and independence. Founder Bob Jackson started the firm in 1994, bringing Roskelley on board as a shareholder in 2006 after the two struck up a friendship during coursework for CFP® certification. Roskelley later became president and CEO, allowing Jackson to successfully transition into retirement. Robertson joined the practice in 2015 and now serves as managing director and represents the third generation of ownership for Jackson/Roskelley Wealth Advisors.

“We offer investment strategies, financial planning and goals-based advice to help clients feel more confident about their financial future,” said Roskelley, who learned early on about the complexities of finance from his father, a tax and insurance specialist. “We focus on the comprehensive nature of financial planning to integrate investments, risk tolerance, estate planning and tax strategies into a singular, personalized plan for each client.”

Looking to get back to their true independent roots, the advisors turned to LPL for the next chapter of their business.

“From Day One, we’ve always valued independence and entrepreneurship,” Roskelley said. “By moving to LPL we have more control of our destiny and the power to do what’s in our clients’ best interests. We appreciate that LPL does not offer proprietary investment products, and we also believe clients will benefit from LPL’s industry-leading, integrated technology that allows them to access all their account information with a single login.”

Staying involved in the community is a priority for both advisors. Roskelley is in the Boy Scouts of America Scoutmaster Hall of Fame (Mesa District) and previously served as director of programming for the Financial Planning Association of Greater Phoenix. Robertson is also active in his community, serving as president of his school’s parent-teacher organization and athletic committee while also coaching multiple youth sports leagues.

Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Jared and Kyle to the LPL community. LPL is committed to delivering innovative capabilities and strategic resources that make it easier for advisors to manage their practices, accelerate their business and build long-term value with their clients. We look forward to supporting Jackson/Roskelley Wealth Advisors for years to come.”

Related

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About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 29,000 financial advisors and the wealth management practices of 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Jackson/Roskelley Wealth Advisors and LPL are separate entities.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

*Value approximated as reported to LPL

Media Contact: 
Media.relations@LPLFinancial.com 
(704) 996-1840

Tracking #688390

FAQ

How much in assets did Jackson/Roskelley Wealth Advisors bring to LPL Financial (LPLA)?

Jackson/Roskelley Wealth Advisors brought approximately $345 million in advisory, brokerage and retirement plan assets to LPL Financial.

What is LPL Financial's (LPLA) current total assets under management in 2025?

LPL Financial services and custodies approximately $1.7 trillion in brokerage and advisory assets.

How many financial advisors does LPL Financial (LPLA) support as of 2025?

LPL Financial supports more than 29,000 financial advisors and wealth management practices of 1,200 financial institutions.

Which firm did Jackson/Roskelley Wealth Advisors leave to join LPL Financial (LPLA)?

Jackson/Roskelley Wealth Advisors joined LPL Financial from Ameriprise.

When did Jackson/Roskelley Wealth Advisors join LPL Financial (LPLA)?

Jackson/Roskelley Wealth Advisors joined LPL Financial in February 2025.