The latest moves in wealth management across North America.

LPL Financial 
LPL Financial, the investment advisory firm and independent broker-dealer adding scores of advisors and firms to its platforms in recent months, has brought over another firm to its embrace.

Mayco Financial Services has joined LPL’s broker-dealer and corporate registered investment advisor (RIA) platforms. The firm reported that it served approximately $170 million of client brokerage and advisory assets as of October 17 this year. The firm, based in Lakewood, New Jersey, joins from Cadaret Grant.

The business was founded by Morris “Moshe” Mayerfeld, CFP®, who has been an advisor for over 30 years. Gabriel Fisher of Brooklyn, New York, joined Mayco in 1998. Mayerfeld’s son-in-law, Yisroel Meir Krohn, CFP®, of Toms River, New Jersey, joined the firm in 2011.