LPL Financial Welcomes Women-Led West Texas Investments
LPL Financial (LPLA) has announced that West Texas Investments, a women-led financial advisory team, has joined LPL's broker-dealer, RIA, and custodial platforms. The team, consisting of Stephanie Stewart, Debra Hedgcoth, and Madison Wentland, previously managed approximately $170 million in assets at B. Riley Wealth Advisors.
Based in Lubbock, Texas, the team brings over 40 years of combined industry experience and employs a "Discover, Design and Deliver" approach to financial planning. The transition to LPL Financial was driven by their desire to enhance client offerings through LPL's integrated technology and extensive back-office services, including Marketing and Paraplanning Solutions.
LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, managing about $1.7 trillion in brokerage and advisory assets for approximately 6 million Americans.
LPL Financial (LPLA) ha annunciato che West Texas Investments, un team di consulenti finanziari guidato da donne, si è unito alle piattaforme broker-dealer, RIA e di custodia di LPL. Il team, composto da Stephanie Stewart, Debra Hedgcoth e Madison Wentland, gestiva in precedenza circa 170 milioni di dollari in asset presso B. Riley Wealth Advisors.
Con sede a Lubbock, Texas, il team vanta oltre 40 anni di esperienza combinata nel settore e adotta un approccio di pianificazione finanziaria basato su "Scoprire, Progettare e Realizzare". La scelta di passare a LPL Financial è stata motivata dal desiderio di migliorare le offerte ai clienti grazie alla tecnologia integrata di LPL e ai suoi ampi servizi di supporto, inclusi Marketing e Soluzioni di Paraplanning.
Attualmente LPL Financial supporta quasi 29.000 consulenti finanziari e circa 1.200 istituzioni finanziarie, gestendo circa 1,7 trilioni di dollari in asset di brokeraggio e consulenza per circa 6 milioni di americani.
LPL Financial (LPLA) ha anunciado que West Texas Investments, un equipo de asesoría financiera liderado por mujeres, se ha unido a las plataformas broker-dealer, RIA y de custodia de LPL. El equipo, conformado por Stephanie Stewart, Debra Hedgcoth y Madison Wentland, gestionaba anteriormente aproximadamente 170 millones de dólares en activos en B. Riley Wealth Advisors.
Con sede en Lubbock, Texas, el equipo aporta más de 40 años de experiencia combinada en la industria y emplea un enfoque de planificación financiera basado en "Descubrir, Diseñar y Entregar". La transición a LPL Financial fue impulsada por su deseo de mejorar la oferta a los clientes mediante la tecnología integrada de LPL y sus extensos servicios administrativos, incluyendo Marketing y Soluciones de Paraplanning.
Actualmente, LPL Financial apoya a casi 29,000 asesores financieros y aproximadamente 1,200 instituciones financieras, gestionando alrededor de 1.7 billones de dólares en activos de corretaje y asesoría para aproximadamente 6 millones de estadounidenses.
LPL Financial (LPLA)는 여성 주도의 금융 자문 팀인 West Texas Investments가 LPL의 중개인-딜러, RIA 및 수탁 플랫폼에 합류했다고 발표했습니다. Stephanie Stewart, Debra Hedgcoth, Madison Wentland로 구성된 이 팀은 이전에 B. Riley Wealth Advisors에서 약 1억 7천만 달러의 자산을 관리했습니다.
텍사스주 러벅에 본사를 둔 이 팀은 총 40년 이상의 업계 경험을 보유하고 있으며, 재무 계획에 있어 "발견, 설계, 실행" 접근 방식을 사용합니다. LPL Financial로의 전환은 LPL의 통합 기술과 마케팅 및 파라플래닝 솔루션을 포함한 광범위한 백오피스 서비스를 통해 고객 서비스 향상을 원했기 때문입니다.
LPL Financial은 현재 거의 29,000명의 금융 자문가와 약 1,200개의 금융 기관을 지원하며, 약 1.7조 달러의 중개 및 자문 자산을 약 600만 미국인에게 관리하고 있습니다.
LPL Financial (LPLA) a annoncé que West Texas Investments, une équipe de conseillers financiers dirigée par des femmes, a rejoint les plateformes broker-dealer, RIA et de garde de LPL. L'équipe, composée de Stephanie Stewart, Debra Hedgcoth et Madison Wentland, gérait auparavant environ 170 millions de dollars d'actifs chez B. Riley Wealth Advisors.
Basée à Lubbock, Texas, l'équipe apporte plus de 40 ans d'expérience cumulée dans le secteur et adopte une approche de planification financière « Découvrir, Concevoir et Livrer ». La transition vers LPL Financial a été motivée par leur volonté d'améliorer les offres aux clients grâce à la technologie intégrée de LPL et à ses vastes services administratifs, incluant le marketing et les solutions de paraplanification.
LPL Financial soutient actuellement près de 29 000 conseillers financiers et environ 1 200 institutions financières, gérant environ 1,7 billion de dollars d'actifs en courtage et conseil pour environ 6 millions d'Américains.
LPL Financial (LPLA) hat bekannt gegeben, dass West Texas Investments, ein von Frauen geführtes Finanzberatungsteam, sich den Broker-Dealer-, RIA- und Depotplattformen von LPL angeschlossen hat. Das Team, bestehend aus Stephanie Stewart, Debra Hedgcoth und Madison Wentland, verwaltete zuvor etwa 170 Millionen US-Dollar an Vermögenswerten bei B. Riley Wealth Advisors.
Mit Sitz in Lubbock, Texas, bringt das Team über 40 Jahre kombinierte Branchenerfahrung mit und verfolgt einen Finanzplanungsansatz namens „Entdecken, Gestalten und Liefern“. Der Wechsel zu LPL Financial wurde durch den Wunsch motiviert, das Kundenangebot durch die integrierte Technologie von LPL und umfangreiche Back-Office-Dienstleistungen, einschließlich Marketing- und Paraplanning-Lösungen, zu verbessern.
LPL Financial unterstützt derzeit fast 29.000 Finanzberater und etwa 1.200 Finanzinstitute und verwaltet rund 1,7 Billionen US-Dollar an Brokerage- und Beratungsvermögen für etwa 6 Millionen Amerikaner.
- Addition of a team managing $170 million in assets strengthens LPL's market presence
- Expansion of LPL's advisor network in the Texas market
- Demonstrates LPL's ability to attract established advisory teams through its technology and service offerings
- None.
SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Stephanie Stewart, Debra Hedgcoth, CFP®, RICP®, and Madison Wentland, CPA, of West Texas Investments have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately
Based in Lubbock, Texas, Stewart founded West Texas Investments in 2012 with her late partner, David Barber. Hedgcoth joined the team in 2018 following a 25-year career with the IRS, and Wentland joined two years later in 2019. With more than 40 years of combined industry experience, the all-female team takes a holistic and team approach to helping clients work towards their fiscal goals.
“We understand that finances are a deeply personal topic, and we use a 'Discover, Design and Deliver' approach to help our clients pursue their financial goals,” Hedgcoth said. “First, we take the time to understand our clients’ dreams, goals and values. Then we work with them to design a financial plan with those in mind. After we share their customized plan, we work with them every step of the way, making changes as necessary, to help them work towards realizing their short- and long-term financial vision.”
Looking to enhance their offerings and provide an elevated client experience, the West Texas Investments team turned to LPL.
“I was taught that you design your own life, and part of that means working towards a future that aligns with your values and aspirations. Moving our business to LPL will help us achieve that goal,” Wentland said. “With LPL’s impressive integrated and streamlined technology and their extensive back-office services, like Marketing and Paraplanning Solutions, I am confident we will be able to provide our clients with a next-level customer experience.”
Stewart added, “Our transition to LPL has been seamless, and I have been impressed with the constant communication and step-by-step instructions we’ve received from our transition team as we move our accounts over and answer our clients’ questions. It’s been a best-in-class experience.”
Scott Posner, LPL Managing Director, Business Development, said, “We welcome Stephanie, Debra and Madison to LPL and look forward to helping them with this next chapter of their business. Just as the West Texas Investments team walks in lockstep with their clients to help them meet their goals, we are committed to helping our advisors differentiate themselves and enhance the client experience. We look forward to supporting the West Texas Investments team 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 nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 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. West Texas Investments and LPL Financial 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 based on asset and holding details provided to LPL from end of year, 2024.
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