LPL Financial (LPLA) announced that financial advisors Jeffrey Allen, Steve Armaly, Brian Blackburn and Michael Lee have launched a new independent practice, Ox Road Capital, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth. They reported serving approximately $1.25B in advisory, brokerage and retirement plan assets and join LPL from UBS. Based in Greenville, S.C., Allen, Armaly, Blackburn and Lee joined forces in 2016 and collectively have close to 100 years of experience. They built their business model by leveraging their individual strengths and now serve a national client base that includes ultra-high-net-worth individuals, pre-retirees and retirees, C-suite executives, entrepreneurs, medical professionals and private foundations and endowments.
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