$600 million Minnesota hybrid switches BD to LaSalle St


Stiles Financial Services Inc., an Edina, Minn.-based hybrid overseeing $600 million, has switched its broker-dealer affiliation to LaSalle St. Securities from Cambridge Investment Research. Stiles said that it will retain its own registered investment advisory unit.

The seven-person Stiles firm, which specializes in retirement plan consulting in addition to serving individual investors, was founded in 2000 by Susan Stiles.

LaSalle Street Securities is part of Elmhurst, Ill.-based LaSalle St., a group of firms that supports more than 300 financial advisers overseeing $10 billion in assets.

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Written by Investors Wallets

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