LPL Financial announced financial advisor Melissa Mirabile has joined its employee advisor channel, Linsco by LPL Financial, to launch Forest Lake Wealth Partners, bringing approximately $280 million in advisory, brokerage, and retirement plan assets. Mirabile joined LPL from UBS and will be based in Albany, New York, according to the firm.
Forest Lake Wealth Partners will serve clients nationwide, including families, business owners, and trade unions. LPL said Mirabile brings more than 30 years of industry experience and is the fifth financial advisor in her family, continuing what the firm described as a legacy of trusted financial guidance. The team includes Wealth Associate Casey Mirabile and Business Development Associate Lars Olson, and the practice said it aims to deliver individualized planning while avoiding short-lived market trends in favor of a more practical approach.
Mirabile said the firm’s model centers on tailored planning across investments, estate considerations, and tax management, with an intentional focus on limiting the number of client relationships to maintain close, personal service. LPL framed the move as part of its broader effort to offer different affiliation experiences for advisors, supported by technology, resources, and flexibility designed to help advisors build scalable practices and deliver a higher-touch client experience.
LPL said the Forest Lake team chose Linsco to gain greater autonomy and customization, citing a desire for operational support and efficiency without conflicts of interest or standardized models. LPL said it will provide transition support and ongoing resources through its employee advisor channel as Forest Lake Wealth Partners establishes its practice on the platform.
LPL Financial Holdings, which trades on Nasdaq under the ticker LPLA, said it supports more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, and services and custodies roughly $2.3 trillion in brokerage and advisory assets for about 8 million Americans.
KEY QUOTES:
“We recognize that every client is unique, so we create tailored financial plans designed to meet their individual needs. Our team is dedicated to going above and beyond, offering clients a comprehensive perspective on their finances. In addition to investment strategies, we assist with estate planning and tax management. By intentionally limiting the number of clients we serve, we are able to develop close, personal relationships with each one.”
“Linsco provides us with comprehensive support, increased efficiency and more freedom to address each client’s individual needs, without potential conflicts of interest or cookie-cutter models. This will allow us to spend our time the way we should – by helping our clients. Linsco made the transition so successful by offering a dedicated and responsive team. We are so excited to have our clients benefit from this support long term.”
Melissa Mirabile, Financial Advisor, Founder, Forest Lake Wealth Partners
“We welcome Melissa and team to the Linsco community. At LPL, we are committed to offering differentiated experiences for advisors and their clients. We do that by offering unparalleled flexibility, strategic resources and innovative technology designed to help advisors deliver an elevated client experience while operating thriving practices. We look forward to supporting Forest Lake Wealth Partners for years to come.”
Scott Posner, Managing Director of Business Development, LPL Financial
