Advantage Wealth Advisors has joined LPL in California, thinking about transitioning to a hybrid RIA business model in the future.

LPL Financial, the US independent broker-dealer and RIA custodian, has welcomed Advantage Wealth Advisors onto its platform.

Advantage said its advisors serviced around $205 million of client assets at end-April 2015, based on prior business.

Based in Alamo, CA, the firm is comprised of five financial advisors: V John Threlkeld; John Saylor; Charles Presti; Milton Guzman and Jon Lee, as well as a registered sales assistant.

Led by Threlkeld, the team specializes in financial planning, high net worth strategies, retirement planning, investment management, insurance and fixed income investing.

It works with mass affluent and high net worth clients in California, as well as other areas across the Southwest.

“Its [LPL's] fully integrated platform provides exactly what we need now as well as the versatility to be able to transition our business model to a hybrid RIA firm structure in the future as we further establish our business,” said Threlkeld.