Advisor moves: LPL welcomes women-led B. Riley team as RayJay reels in

The war for advisor talent is continuing across the independent broker-dealer and wirehouse spaces, with LPL Financial, Raymond James, and Wells Fargo each adding experienced financial advisors to their ranks.

On Wednesday, LPL announced the addition of West Texas Investments, a woman-led advisory team based in Lubbock, Texas.

Previously reporting approximately $170 million in advisory, brokerage and retirement plan assets, the team – comprising Stephanie Stewart, Debra Hedgcoth and Madison Wentland – joined LPL from B. Riley Wealth Advisors.

Founded in 2012 by Stewart and her late partner David Barber, the practice expanded with Hedgcoth’s arrival in 2018 following her 25-year tenure with the Internal Revenue Service. Wentland, a certified public accountant, joined the team in 2019.

Together, the group brings over 40 years of industry experience and follows a team-based approach to holistic financial planning.

“We understand that finances are a deeply personal topic, and we use a ‘Discover, Design and Deliver’ approach to help our clients pursue their financial goals,” Hedgcoth said in a statement Wednesday.

Before the West Texas Investments team, LPL bolstered its network with a 10-advisor ensemble from Osaic and a Texas-based defector from Raymond James.

For its part, Raymond James recently welcomed a father-son advisor team from Wells Fargo to its independent advisor channel in Conway, Arkansas.

Advisors Scotty Campbell and Jim Campbell have joined Raymond James Financial Services, where they now operate as Campbell Wealth Management. They previously oversaw $285 million in client assets at Wells Fargo.

Scotty Campbell has 17 years of financial planning and investment management experience. Jim Campbell, who began his career at A.G. Edwards prior to its acquisition by Wells Fargo, has more than 24 years in the industry. Their support team includes client service associate Lacy Bailey and administrative assistant Shirley…