Oppenheimer rep managing $180 million joins Linsco

Randall Pickett, who managed $180 million at Oppenheimer & Co. in Dallas, Texas, has joined Linsco, the employee channel of LPL Financial.

Pickett, who started his career as an institutional bond salesman, has nearly 35 years of experience and was with Oppenheimer for 13 years.

Pickett and wealth associate Leslie Stephenson, who have worked together for more than six years, launched The Pickett Group of LPL Financial in an effort to better support their clients unique goals and values, LPL Financial said in a press release Thursday.

The Pickett Group of LPL Financial will be the second team to join the Linsco office in Dallas, following Bespoke Private Wealth of LPL Financial, which launched last month. The office will have space for several more advisers in the future and is expected to become one of Linscos larger sites.

[MORE: LPL crosses 20,000 adviser head count, probes small-firm M&A market]

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