TEAM MOVES
Cetera-LPL pattern includes 8 people; 7 potential adviser groups
Registration records observed on November 5, 2026, showed a potential affiliation pattern involving Cetera Investment Advisers LLC and LPL Financial LLC, with 8 people observed. The records do not verify a coordinated team move or employment change. The complete observed cohort comprised 7 potential adviser groups.
By Maya Chen·Edition ·1 min read
A potential affiliation pattern involving Cetera Investment Advisers LLC and LPL Financial LLC included 8 observed people in registration records dated November 5, 2026. The records identify a possible group, not a verified coordinated transfer or employment change.
A second observed pattern involved Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley, with 14 people in the candidate group. Across the complete observed cohort, the source list contained 7 potential adviser groups; it does not establish complete team rosters or confirm that anyone changed employers.
Potential adviser groups
The appendix lists all 7 potential affiliation groups on 11/05/2026 within the 11/05/2026–11/05/2026 source window. These entries describe potential affiliation patterns, not confirmed team transfers; names may be partial.
| Observed | Origin firm CRD | Destination firm CRD | Observed advisers | Source-listed advisers | Classification |
|---|---|---|---|---|---|
| 11/05/2026 | 171898 | 6413 | 3 | Lisa M. Strohm; Maxwell Demeritte; Brian C. Tillotson | Potential affiliation group; not a confirmed team transfer |
| 11/05/2026 | 105644 | 6413 | 8 | Brandon J. Turnbull; Ian P. Scheidemann; Jesse W. Hurst; Irene A. Zurowski; Nathan D. Ollish; Bruce J. Baker; Sarah Stewart; Joseph G. Staff | Potential affiliation group; not a confirmed team transfer |
| 11/05/2026 | 4031 | 6413 | 2 | Kimberly R. Wenger; Grant J. Wenger | Potential affiliation group; not a confirmed team transfer |
| 11/05/2026 | 6413 | 105644 | 2 | James M. Milford; John P. Heintjes | Potential affiliation group; not a confirmed team transfer |
| 11/05/2026 | 174865 | 310873 | 2 | Zachary N. Threadgill; Adam R. Threadgill | Potential affiliation group; not a confirmed team transfer |
| 11/05/2026 | 7691 | 149777 | 14 | Melanie P. Darrow; Antonio DaRoza; Richard O'Connor; Jenifer Sun; Justin Covey; Daniel Bruner; David P. Nahm; Kristina C. Danielson; Adam Cline; Sharam F. Pavri; Michael Steelman; Eric Aguirre; David Henesey; John Coon | Potential affiliation group; not a confirmed team transfer |
| 11/05/2026 | 5393 | 159035 | 4 | Raunak T. Joseph; Joseph Sparks; Marshal D. Morgan; Matthew Layman | Potential affiliation group; not a confirmed team transfer |