$220M Team Leaves Thrivent for LPL | FA Movement
- LPL Financial continues its expansion, adding Mike Trudeau, Matt Merrick, Ben Ollila, and Ben Prchal as financial advisors.
- the advisors will integrate into Minnesota-based Strategic Wealth Group.
- Trudeau, merrick, and Ollila, seasoned professionals with over 50 years of combined experience, sought a strategic alliance.
LPL Financial welcomes a seasoned team managing $220 million in assets, signaling important expansion. Financial advisors Mike Trudeau, Matt Merrick, Ben Ollila, and Ben Prchal leave Thrivent investment Management for LPL’s platform, joining Strategic Wealth Group. This strategic move enhances Strategic Wealth Group’s investment management capabilities, offering clients more tailored financial experiences. With over 50 years of combined experience, these financial professionals sought independence to deliver personalized service.News Directory 3 reports on this development as LPL continues to grow it’s advisor network. Discover what’s next for both firms as they evolve.
LPL Financial Adds $220M Advisor Team to Strategic wealth Group
Updated June 26, 2025
LPL Financial continues its expansion, adding Mike Trudeau, Matt Merrick, Ben Ollila, and Ben Prchal as financial advisors. The team transitions from Thrivent Investment Management to LPL’s broker-dealer, registered investment advisor, and custodial platforms.
the advisors will integrate into Minnesota-based Strategic Wealth Group. Together, they oversee approximately $220 million in advisory, brokerage, and retirement plan assets, enhancing Strategic Wealth Group’s investment management capabilities.
Trudeau, merrick, and Ollila, seasoned professionals with over 50 years of combined experience, sought a strategic alliance. LPL Financial’s platform allows them to deliver personalized client service, independent of corporate constraints. Prchal joined the financial industry in 2021.
“By going independent with Strategic Wealth Group and LPL, we will be able to provide a holistic and tailored experience for each client, using products and services that make sense for their long- and short-term goals,” trudeau said. “A tremendous plus is that Strategic Wealth Group’s services are backed by LPL’s innovative technology and integrated capabilities, allowing us to provide a next-level experience.”
Strategic Wealth Group offers a range of services,including investment management,succession planning,estate planning,and financial and retirement planning.
what’s next
This move follows LPL Financial’s recent addition of EverMark Investment Partners,a California-based advisory managing over $425 million,signaling continued growth and expansion of its financial advisor network.