A trio of Kansas-based advisors managing about $900 million in client assets has joined LPL Financial from Raymond James’ independent channel. Shane Prill, Vance Garwood, and his brother Grant Garwood are rebranding their firm as Prill | Garwood Financial Advisors, transitioning from S.J. Prill Financial & Investment Planning. The newly established team will be based out of Wichita, Kansas.
Office staff Janna McConnaughhay, Deb Kelly, Luke Prill, and Taylor Phillips will also join the move to LPL. Prill began his career in the industry in 1986 at Edward Jones before registering with Raymond James in 1991. Vance and Grant Garwood joined the firm in 2008 and 2019, respectively.
Kansas advisors choose LPL Financial
According to FINRA records, Vance spent three years at Waddell & Reed before joining Prill, while Grant previously worked at Ameriprise. According to Shane Prill, the business had grown substantially over time, and affiliating with LPL struck the team as the best way to continue offering the same level of service to a growing client base while benefiting from LPL’s technology and strategic business resources.
LPL has consistently added new advisors, even amid the firm’s recent controversies. The independent broker/dealer has been involved in several ongoing lawsuits with Ameriprise over advisors who left the latter firm for LPL. Last week, Ameriprise accused LPL of aiding several former employees in stealing confidential client information.
In its response, LPL accused Ameriprise of “chasing headlines, not a genuine resolution of purported legal issues,” according to a court filing submitted last Friday.
Photo by; Mary Hammel on Unsplash