LPL Financial announced that the financial advisors of Spectrum Wealth Strategies have joined its broker-dealer and Registered Investment Advisor platform.
The team reported serving approximately $1.5 billion in advisory, brokerage, and retirement plan assets. Spectrum Wealth Strategies joins LPL from MassMutual.
Based in Dallas, Spectrum Wealth Strategies is led by financial advisors Randy Black, CFP; Jonathan Bomar, CFP; Truman Blocker, CFP; Landon Vaughan; Weston Poulos, CFP; Billy Geiler, CFP; Jeff Cummins, CFP, CPA, MBA; and Jaime Galvan, CFP. The team also includes associate advisors Stephen Luna and Matthew Galvan, with additional office locations in Waco, Texas, and Wilmington, North Carolina.
Spectrum Wealth Strategies serves a broad client base of high-earning individuals and families, many of whom are focused on long-term financial growth and planning. The practice emphasizes building lasting client relationships and helping clients navigate financial needs across different stages of life.
The firm operates through a collaborative model in which advisors share resources, insights, and expertise to deliver comprehensive financial planning. The team meets regularly to align on strategy and maintain a high level of client service.
Spectrum Wealth Strategies said it selected LPL for its autonomy, expanded capabilities, and advisor-focused support model. The team said the move gives it greater independence, deeper research capabilities, stronger back-office support, and access to more robust client solutions.
LPL Financial supports more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions. The firm services and custodies approximately $2.3 trillion in brokerage and advisory assets on behalf of about 8 million Americans.
KEY QUOTES:
“Our goal is to meet clients where they are and help guide them to where they want to go. We build comprehensive financial plans that evolve alongside our clients, with a focus on long-term partnership and helping them make informed decisions throughout life. The move to LPL allows us greater independence and access to more robust solutions for our clients. With deeper research capabilities and strong back-office support, we are better positioned to grow our business while continuing to provide personalized service.”
Jonathan Bomar, Financial Advisor at Spectrum Wealth Strategies
“We believe our strength lies in having someone on our team who can serve each client’s unique needs. Our core competency is delivering financial planning for life — supporting clients through every stage and helping them stay on track toward their goals.”
Truman Blocker, Financial Advisor at Spectrum Wealth Strategies
“We are pleased to welcome the Spectrum Wealth Strategies team to LPL. Their collaborative approach and commitment to delivering personalized, long-term financial planning align closely with LPL’s purpose to empower advisors with the flexibility, technology and support they need to serve their clients and grow their practices.”
Marc Cohen, Chief Growth Officer of LPL
