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Raymond James Loses $625 Million Team to LPL Financial

LPL Financial recruited a former Raymond James advisor team that oversaw approximately $625 million in advisory, brokerage and retirement plan assets, according to the company.

The team, which goes by TBT Financial Services, is based in two locations in eastern Texas: Longview and Tyler. The group is made up of advisors Jerry Martin, Jon Cromer, Mitzi Bjork, Carl Newman, Curtis Hinshaw and Clint Quinn, as well as four operations and support staff members, according to LPL.

They…

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