LPL Financial: $425M Team Joins From RBC Wealth Management
LPL Financial bolsters its Strategic Wealth channel with the addition of EverMark Investment Partners, a team managing $425 million in assets, formerly of RBC Wealth Management. This strategic move marks a significant expansion for LPL, showcasing its commitment to attracting top-tier financial advisory teams. EverMark, based in San Diego, provides thorough services including estate planning, investment management, and tax strategies. John Folsom of EverMark noted the appeal of LPL’s unique model for advisors.This addition underscores LPL’s growing influence, and further solidifies its financial advisor role in the market. for more insights on the firms making moves, visit News Directory 3. Discover what’s next …
LPL Financial Adds $425M EverMark Investment Partners Team
Updated June 19, 2025
LPL Financial continues to expand its network, recently adding EverMark Investment Partners to its broker-dealer, registered investment advisor, and custodial platforms. The San Diego-based team previously operated under RBC Wealth Management.
EverMark Investment Partners,now part of LPL’s Strategic Wealth channel,manages over $425 million in advisory,brokerage,and retirement plan assets. An LPL spokesperson confirmed the team officially joined June 4.
The EverMark team includes financial advisors Matthew Sweeney, John Folsom, and Tanner Carter, along with senior investment associates Nomah Cronk and Kristin Garnica. Their services encompass estate planning, investment management, financial planning, and tax strategies.
Folsom highlighted the appeal of LPL’s model. “LPL’s Strategic Wealth model is unlike anything else in the market today,” Folsom said.”it takes the best aspects of being RIAs – owning our own business, our client relationships belonging to us, choice in technology and services, optimal succession solutions - and packages it with an outstanding process to help us set up our business for success from day one.”
EverMark Investment Partners is the 50th advisory team to join Strategic Wealth. In March, Carnegie Private Wealth, a Charlotte, NC-based team managing approximately $1 billion in assets, also joined LPL.
Strategic Wealth also added Air Capital Wealth Management, a $685 million practise based in Wichita, KS, last October. These additions underscore LPL Financial’s growing financial advisor role in the industry.
LPL serves more than 23,000 advisors,including those at approximately 1,000 institutions and about 580 registered investment advisor firms nationwide.
What’s next
LPL Financial plans to continue expanding its Strategic Wealth channel, seeking to attract more advisory teams and further solidify its position in the financial services industry.The company aims to enhance its services and technology to support its growing network of advisors.