LPL adds UnionBanc advisor managing $385 million

LPL Financial said Tuesday that Matthew Holbrook, a California advisor who had overseen about $385 million in client assets at UnionBanc Investment Services, has affiliated with its employee advisor channel, Linsco by LPL Financial.

Holbrook is launching Coastline Wealth Advisory of LPL Financial in Irvine, California.

According to his BrokerCheck report, Holbrook has 20 years of experience and had been affiliated with UnionBanc since 2004.

Holbrook said he spent more than a year researching firms in a search for more flexibility and autonomy.  

“By joining LPL Financial, I am working with a firm that puts the advisor first and offers the support, technology and investment solutions necessary to run a premier practice,” he said in a statement. “As a Linsco advisor, I have a more liberated way of doing business and I can provide my clients with unbiased advice in their best interests. I also have more flexibility to tailor my offerings to their individual needs and offer a wider range of investment options.”

[More: LPL focus on smaller acquisitions bears fruit]

Why alternative assets belong in retirement accounts

Learn more about reprints and licensing for this article.

Leave a Reply

Your email address will not be published. Required fields are marked *