Sierra Ridge Advisors Join Gateway Financial Partners, Remain on LPL Platform
Twenty-eight financial advisors and team members from Sierra Ridge Advisor Group have affiliated with Gateway Financial Partners while staying on the LPL Financial platform. This move follows Sierra Ridge's transition to another broker-dealer. The advisors collectively manage $825 million in assets under advisement, choosing not to change platforms for their clients' continuity. Ryan Bell of the new team highlighted that they evaluated all options and found Gateway’s partnership culture, growth resources, succession planning support, and strong team appealing. David Wood from Gateway emphasized the client-first approach taken by these advisors and welcomed them as a strategic addition strengthening Gateway's national presence with over 200 affiliated advisors across 27 states. Gateway provides operational support including compliance, technology, marketing, staffing, and succession planning to allow advisors to focus on clients. The firm’s Sell & Stay model offers long-term alignment for monetizing their practice while continuing client service.
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Topics: advisors affiliation investment advisors LPL Financial