LPL Recruits $1.6B Pennsylvania Team From Cambridge
Conte Wealth Advisors, a Camp Hill, Pa.-based firm formerly with Cambridge Investment Research, has joined LPL Financial’s broker-dealer and registered investment advisor (RIA) platform. The firm oversees about $1.6 billion in advisory, brokerage and retirement plan assets, according to a news release.
The third-generation, family-owned firm is led by advisor Tony Conte and had been with Cambridge for 17 years, according to BrokerCheck. The firm goes back to the 1950s, started by Tony’s grandfather, Sam Conte. His son, Tony’s father Frank, later joined the business and continues to serve clients today, while Tony assumed leadership of the firm in 2012, according to the release.
Conte Wealth Advisors (CWA) has offices in multiple states and supports 24 advisors, including Tony Conte’s brother-in-law, Joe Henriques, who serves as managing director, principal wealth advisor, the release said. Th firm caters to business owners, high-net-worth and ultra-high-net-worth individuals and families.
“We treat every client relationship as though they deserve the experience of a family focused office. Our role is to help guide clients toward not only suitable investment strategies, but also suitable financial decisions for themselves, their businesses and often their employees,” Tony Conte said in a statement. “It’s a comprehensive approach built on long-term relationships and thoughtful planning.”
LPL, Conte said, gives the firm the scale, technology and resources to “continue attracting advisors who fit our culture and helping them build successful businesses.”
LPL Chief Growth Officer Marc Cohen said, “In getting to know Tony, I came to appreciate his genuine care for CWA’s clients and advisors, as well as his thoughtful stewardship of the Conte family legacy. His passion for serving others and the collaborative culture he and his team have built strongly resonate with our values at LPL.”
