Founded in March of this year, Faubourg is on LPL's broker-dealer platform and provides fee-based services through Level Four Wealth Management, an independent advisor group on LPL's RIA platform.

As of May 31, 2015, Brown and Aubin reported that - based on prior business - they served around $207 million of brokerage and fee-based advisory client assets.

They are former bank-based private client financial advisors, with 30 and seven years of experience, respectively. They join Faubourg along with a private wealth support associate, and have opened a new office in New Orleans.

Over the years, the pair have amassed a client base of local oil and gas professionals, as well as small business owners, LPL said.