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Wednesday, October 7, 2026The Morning Brief →Sign in
The BookMoves

Records show Praxis Financial Partners' $1.1B team joined LPL from Wells Fargo FiNet

The transition is dated Oct. 6, 2026, and has not been independently confirmed; LPL also added two Utah teams managing about $1 billion from Northwestern Mutual.

At a glance

20-second brief
  • According to our records, which we have not independently confirmed, Praxis Financial Partners, an Alpharetta, Ga., practice with four principals and about $1.1 billion in assets, moved to LPL Financial from Wells Fargo Advisors Financial Network.

  • LPL Financial added two Salt Lake City-area advisory teams managing approximately $1 billion in combined assets from Northwestern Mutual, WealthManagement.com reported.

According to our records, which we have not independently confirmed, Praxis Financial Partners, an Alpharetta, Ga., practice with four principals and about $1.1 billion in assets, moved to LPL Financial from Wells Fargo Advisors Financial Network. The transition is dated Oct. 6, 2026.

The principals are Scott Christian, Cecil Loyd, Jay Gentry and Matt Dion. The practice lists 10 people, which works out to roughly $110 million of assets per person. Wells Fargo Advisors Financial Network, or FiNet, is the only prior firm our records show for the team.

LPL's other reported additions, from Northwestern Mutual

LPL Financial added two Salt Lake City-area advisory teams managing approximately $1 billion in combined assets from Northwestern Mutual, WealthManagement.com reported.

Cornerstone Advisors, led by financial advisors Gardner Brown and Brian Lifferth, and Clear Pointe Wealth Management, led by advisors Ron Hunt and Jonathan Groberg, joined LPL's broker/dealer, registered investment advisor and custodial platforms. The two practices share a decades-long relationship and will operate from a shared office while maintaining distinct business identities, according to LPL.

Our records do not specify which LPL platform Praxis joined.

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WealthManagement.com · PWD deal tracking (internal)
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