Financial advisors Leslie Shenkler and Daryl Lipkin have partnered with LPL Strategic Wealth Services, a platform designed to support the needs of breakaway advisors, to launch Alcove Private Wealth, an independent practice reporting $265 million in advisory and brokerage assets.
Formerly affiliated with UBS, Alcove is based in Princeton, N.J., and serves the financial needs of individuals and multi-generational families. The Alcove team also include Client Services Manager Eileen Smith.
Shenkler is an industry veteran with more than 25 years of experience. An advocate for social and environmental issues, she specializes in sustainable and responsible investing. Lipkin worked in corporate finance for two decades before transitioning to his current role as a financial advisor in 2008. He focuses on investment management and retirement planning. The two advisors formalized their partnership in 2010.
Headquartered in Fort Mill, S.C., San Diego, and Boston, LPL Financial launched LPL Strategic Wealth Services in 2020. The affiliation model for independent advisors is backed by the firm’s fully integrated brokerage and advisory custody platform, service commitment, investments in innovation and technology, and financial strength and stability.