LPL Financial Welcomes Paddock and Pine Wealth Partners to Linsco Channel
LPL Financial (Nasdaq: LPLA) announced that advisors Stephen Carleton and Tom Niles have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Paddock and Pine Wealth Partners on Oct. 14, 2025.
The team reported serving approximately $330 million in advisory, brokerage and retirement plan assets and joined LPL from Janney. Based in Saratoga Springs, NY, they bring nearly 55 years of combined experience and have worked together for 10 years. They cited Linsco’s autonomy, integrated wealth-management platform, field support, and retail hybrid capabilities as reasons for the move.
LPL noted it supports over 29,000 advisors and custodys approximately $1.9 trillion in brokerage and advisory assets as of June 30, 2025.
LPL Financial (Nasdaq: LPLA) ha annunciato che i consulenti Stephen Carleton e Tom Niles si sono uniti al canale di consulenti dipendenti di LPL, Linsco by LPL Financial, per lanciare Paddock and Pine Wealth Partners il 14 ottobre 2025.
Il team ha riferito di gestire circa 330 milioni di dollari in attività di consulenza, intermediazione e piani pensionistici e si è unito a LPL da Janney. Con sede a Saratoga Springs, NY, portano quasi 55 anni di esperienza combinata e hanno lavorato insieme per 10 anni. Hanno citato l'autonomia di Linsco, la piattaforma integrata di gestione patrimoniale, il supporto sul campo e le capacità ibride al dettaglio come motivazioni del trasferimento.
LPL ha osservato di supportare oltre 29.000 consulenti e custodisce circa 1,9 trilioni di dollari di attività di intermediazione e consulenza al 30 giugno 2025.
LPL Financial (Nasdaq: LPLA) anunció que los asesores Stephen Carleton y Tom Niles se unieron al canal de asesores empleados de LPL, Linsco by LPL Financial, para lanzar Paddock and Pine Wealth Partners el 14 de octubre de 2025.
El equipo informó que atiende aproximadamente $330 millones en activos de asesoría, corretaje y planes de retiro y se unió a LPL desde Janney. Con sede en Saratoga Springs, NY, aportan casi 55 años de experiencia combinada y han trabajado juntos durante 10 años. Citaron la autonomía de Linsco, la plataforma integrada de gestión de patrimonio, el apoyo en campo y las capacidades minoristas híbridas como razones para el movimiento.
LPL señaló que apoya a más de 29.000 asesores y administra aproximadamente $1.9 billones en activos de corretaje y asesoría al 30 de junio de 2025.
LPL Financial (나스닥: LPLA)는 직원 자문 채널인 Linsco by LPL Financial에 자문가 Stephen Carleton과 Tom Niles가 합류하여 2025년 10월 14일에 Paddock and Pine Wealth Partners를 설립한다고 발표했습니다.
해당 팀은 자문, 중개 및 은퇴 플랜 자산 약 3억 3천만 달러를 관리하며 Janney에서 LPL로 이직했습니다. 뉴욕 주 사라토가 스프링스에 기반을 둔 그들은 합산 경력이 거의 55년이고 10년간 함께 일해 왔습니다. 그들은 이직의 이유로 Linsco의 자율성, 통합 자산 관리 플랫폼, 현장 지원 및 소매 하이브리드 역량을 꼽았습니다.
LPL은 자문가 수가 29,000명 이상이고 2025년 6월 30일 기준으로 중개 및 자문 자산으로 약 1.9조 달러를 관리한다고 밝혔습니다.
LPL Financial ( Nasdaq: LPLA ) a annoncé que les conseillers Stephen Carleton et Tom Niles ont rejoint le canal des conseillers salariés de LPL, Linsco by LPL Financial, pour lancer Paddock and Pine Wealth Partners le 14 octobre 2025.
L'équipe a déclaré gérer environ 330 millions de dollars en actifs de conseil, courtage et plans de retraite et a rejoint LPL en provenance de Janney. Basés à Saratoga Springs, NY, ils apportent près de 55 ans d'expérience combinée et ont travaillé ensemble pendant 10 ans. Ils ont cité l'autonomie de Linsco, la plateforme intégrée de gestion patrimoniale, le soutien sur le terrain et les capacités hybrides de détail comme raisons du déménagement.
LPL a noté qu'il soutient plus de 29 000 conseillers et qu'il gère environ 1,9 trillion de dollars en actifs de courtage et de conseil au 30 juin 2025.
LPL Financial (Nasdaq: LPLA) gab bekannt, dass die Berater Stephen Carleton und Tom Niles dem Mitarbeiterberaterschchannel von LPL, Linsco by LPL Financial, beigetreten sind, um Paddock and Pine Wealth Partners am 14. Oktober 2025 zu gründen.
Das Team meldete, etwa $330 Millionen an Beratungs-, Brokerage- und Ruhestandsplänen zu betreuen, und wechselte von Janney zu LPL. Mit Sitz in Saratoga Springs, NY, bringen sie fast 55 Jahre gemeinsame Erfahrung mit und haben 10 Jahre zusammen gearbeitet. Sie nannten Linscos Autonomie, die integrierte Vermögensverwaltungsplattform, die Feldunterstützung und die hybriden Einzelhandelsfähigkeiten als Gründe für den Wechsel.
LPL merkte an, dass es über 29.000 Berater unterstützt und am 30. Juni 2025 rund 1,9 Billionen Dollar an Brokerage- und Beratungsvermögen verwaltet.
LPL Financial (Nasdaq: LPLA) أعلنت أن المستشارين ستيفن كارلوتون وتوم نايلز انضمّا إلى قناة المستشارين الموظفين في LPL، Linsco by LPL Financial، لإطلاق Paddock and Pine Wealth Partners في 14 أكتوبر 2025.
أفاد الفريق بأنهم يخدمون حوالي $330 مليون من أصول الاستشارات والوساطة والتخطيط التقاعدي وانضموا إلى LPL من Janney. مقيمون في ساراتوج سبرينغز، نيويورك، يجلبون ما يقرب من 55 عامًا من الخبرة المجمعة وعملوا معاً لـ 10 سنوات. وأشاروا إلى استقلال Linsco، ومنصة إدارة الثروات المتكاملة، والدعم الميداني، والقدرات الهجينة بالتجزئة كأسباب للانتقال.
أشارت LPL إلى أنها تدعم أكثر من 29,000 مستشار وتحافظ على ما يقرب من $1.9 تريليون من أصول الوساطة والاستشارات حتى 30 يونيو 2025.
LPL Financial (纳斯达克代码：LPLA) 宣布，顾问 Stephen Carleton 与 Tom Niles 已加入 LPL 的雇员顾问渠道 Linsco by LPL Financial，计划于 2025 年 10 月 14 日推出 Paddock and Pine Wealth Partners。
该团队报告在咨询、经纪和退休计划资产方面约管理 3.3 亿美元，并自 Janney 处加入 LPL。团队常驻纽约州 Saratoga Springs，携近 55 年 的综合经验，并已共同协作 10 年。他们将 Linsco 的自主权、整合财富管理平台、现场支持以及零售混合能力作为跳槽原因。
LPL 指出，截至 2025 年 6 月 30 日，已支持超过 29,000 名顾问，并托管约 1.9 万亿美元 的经纪和咨询资产。
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Insights
LPL adds a two-person team bringing approximately
By joining Linsco by LPL Financial, Stephen Carleton and Tom Niles transfer a team with nearly 55 years of combined experience and about
The principal dependencies are client retention after transition and effective use of LPL’s platform and field resources to scale the practice. Monitor client transfer confirmations and any disclosure of retained asset levels in the months after
SAN DIEGO, Oct. 14, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Stephen Carleton and Tom Niles have joined LPL’s employee advisor channel, Linsco by LPL Financial to launch Paddock and Pine Wealth Partners. They reported serving approximately
Based in Saratoga Springs, N.Y., the team offers nearly 55 years of combined experience and has worked together for 10 years. By blending their diverse expertise and years of collaboration, Carleton and Niles are committed to delivering tailored strategies for their clients. Carleton focuses on serving high-net-worth individuals and families from a variety of backgrounds, helping them navigate complex financial landscapes and pursue their unique goals. Niles specializes in guiding pre-retirees and those working to grow their wealth and plan for retirement, providing comprehensive advice across pensions, account management, and long-term financial strategies.
“When I first meet with clients, I just bring a yellow legal pad and settle in for deep conversation,” said Carleton. I don’t take a cookie cutter approach with my clients. I understand that each client has a different disposition, personality and risk tolerance. My process is to understand how they got their money, what their views are on money, what kind of risks they're willing to take and what kind of financial planning method they are most comfortable with.”
Tom Niles, a self-described “financial sherpa,” guides clients—mostly under 70—through financial planning, from building pensions to managing accounts. He values transparency and close collaboration, believing that working side-by-side allows him and his clients to navigate their financial future together.
Why Paddock and Pine Wealth Partners made the move to Linsco by LPL
Looking for more autonomy and flexibility, Carleton and Niles turned to LPL Financial’s Linsco model for the next chapter of their business.
With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of support from an experienced field management team, that includes a dedicated marketing consultant and specialized service and technology teams that allow advisors to effectively delegate and shift focus to their clients.
Niles highlighted several reasons for choosing LPL Financial, emphasizing the firm's considerable size and broad scope, which offers a wealth of technology and resources to support advisors. Niles was particularly enthusiastic about LPL’s retail hybrid platform, describing it as a standout feature that aligns with his vision for the future of Paddock and Pine Wealth Partners. He explained that he has always aspired to work with a turnkey financial services firm, and LPL’s capabilities make it possible to realize that goal.
Carleton explained that he was drawn to LPL because the firm values advisor independence, encourages pride in their work, supports diverse backgrounds and prioritizes aligning client interests with their financial goals rather than creating conflicts of interest.
Scott Posner, LPL managing director, business development, said, “We welcome Stephen and Tom to the Linsco community. At LPL, financial advisors are empowered to run their businesses independently with advanced technology and resources, giving them the freedom and flexibility to provide personalized guidance and exceptional service. We look forward to supporting Paddock and Pine Wealth Partners for years to come.”
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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 over 29,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.
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 based on asset and holding details provided to LPL from end of year, 2024.
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FAQ
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