LPL Financial Welcomes Paddock and Pine Wealth Partners to Linsco Channel

SAN DIEGO, Oct. 14, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Stephen Carleton and Tom Niles have joined LPL’s employee advisor channel, Linsco by LPL Financial to launch Paddock and Pine Wealth Partners. They reported serving approximately $330 million in advisory, brokerage and retirement plan assets* and join LPL from Janney.  

Based in Saratoga Springs, N.Y., the team offers nearly 55 years of combined experience and has worked together for 10 years. By blending their diverse expertise and years of collaboration, Carleton and Niles are committed to delivering tailored strategies for their clients. Carleton focuses on serving high-net-worth individuals and families from a variety of backgrounds, helping them navigate complex financial landscapes and pursue their unique goals. Niles specializes in guiding pre-retirees and those working to grow their wealth and plan for retirement, providing comprehensive advice across pensions, account management, and long-term financial strategies.

“When I first meet with clients, I just bring a yellow legal pad and settle in for deep conversation,” said Carleton. I don’t take a cookie cutter approach with my clients. I understand that each client has a different disposition, personality and risk tolerance. My process is to understand how they got their money, what their views are on money, what kind of risks they're willing to take and what kind of financial planning method they are most comfortable with.”

Tom Niles, a self-described “financial sherpa,” guides clients—mostly under 70—through financial planning, from building pensions to managing accounts. He values transparency and close collaboration, believing that working side-by-side allows him and his clients to navigate their financial future together.

Why Paddock and Pine Wealth Partners made the move to Linsco by LPL

Looking for more autonomy and flexibility, Carleton and Niles turned to LPL Financial’s Linsco model for the next chapter of their business.

With Linsco, advisors have access to LPL’s integrated wealth management platform and robust business resources, along with the additional benefits of support from an experienced field management team, that includes a dedicated marketing consultant and specialized service and technology teams that allow advisors to effectively delegate and shift focus to their clients.