Frank Patton and Kimberlee Mott of PacK Financial Join LPL-Aligned Balmville Wealth Group

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2▲1 ▼0Impact / 5
Summary · why it matters

Financial advisors Frank Patton and Kimberlee Mott of PacK Financial have joined Balmville Wealth Group, an LPL-aligned wealth management firm, through LPL Financial's broker-dealer and Registered Investment Advisor platforms. They reported serving approximately $150 million in advisory, brokerage and retirement plan assets and join from Cetera. Based in Lexington, Kentucky, Patton and Mott bring a combined 45 years of industry experience, focusing on retirement planning and multigenerational relationships. The move provides them with enhanced technology, expanded resources, and a platform designed to support long-term growth while maintaining personalized client service.

Impact on assets 1

Digital Finance & Tokenization▲
LPL Financial Holdings Inc
LPLA
▲ PositiveCapitalrelevance

LPL gains advisor assets and platform growth through Balmville Wealth Group's recruitment of Patton and Mott.

Off-coverage companies 3

Balmville Wealth Groupi
Private▲ PositiveCapitalrelevance

Balmville Wealth Group recruits advisors with $150M in assets, expanding its AUM and client base.

PacK Financiali
Private▼ NegativeCapitalrelevance

PacK Financial loses two advisors and $150M in assets to Balmville Wealth Group.

Ceterai
Private± Mixedrelevance