CHICAGO – August 4, 2025 – LaSalle St., a family of independent wealth management firms encompassing independent broker-dealer and registered investment adviser (RIA) platforms, today announced the successful recruitment of Ted Perry, a St. Charles, IL based advisor and attorney who was formerly with Commonwealth and oversees over $85M in client assets. Mr. Perry specializes in full service private wealth management for high-net-worth families. The new addition underscores LaSalle St.’s continued success in bringing aboard experienced and growing independent wealth management advisor teams across the country.
Mark Contey, SVP and Chief Marketing Officer for LaSalle St., said, “We are excited to welcome Mr. Perry and his clients, to the LaSalle St. family. Industry consolidation continues to provide independent advisors the opportunity to take a close look at which affiliation model best fits the going forward needs of their practices. Ted was looking for a firm with a deep culture of service while at the same time offered a fully transparent and conflict-free relationship between its advisors and end clients. As we got to know each other, we realized Ted’s value system and how he works with his clients matched up very well to how LaSalle supports the needs of our reps and advisors. The added benefit of being local to each other, as Ted’s office is about 15 miles from our Home Office, will give us an opportunity to work even more closely together.”
Mr. Perry said, “I wasn’t considering a move away from Commonwealth until they announced they were selling. I then realized that I was going to be part of a “big box” firm and would for all intents and purposes lose the culture, service levels, and control I had in running my business as an independent advisor. LaSalle St. provided me the opportunity to affiliate with a local firm that has built an impressive and long-standing culture of service and transparency to their reps and advisors. The transparency they showed to me as I did my due diligence was very refreshing and making the decision to join them became an easy one. In addition, the firm’s advisor equity ownership program is very unique, as are the decisions they are making around steering and positioning the firm for the future. I am both excited and reinvigorated as I transition my practice to LaSalle.”
About LaSalle St.
LaSalle St. is a family of firms comprising LaSalle St. Securities, an independent broker-dealer; LaSalle St. Investment Advisors, a SEC-registered investment adviser; and LaSalle St. Insurance Services, a provider of annuity and insurance products. It has a singular mission of supporting the growth and success of independent financial advisors across the country. Founded in 1974 and based in Chicago, Illinois, LaSalle St. supports more than 325 financial advisors, has approximately $15 billion in total client assets and is registered in all 50 states. The LaSalle St. companies offer a wide range of services, including brokerage, advisory, investment and insurance. The firm clears primarily through National Financial Services, with custodial services through NFS parent Fidelity Investments.
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Media Inquiries
Mark Contey, CMO
LaSalle St.
630-442-9430
mark@lasallest.com