Broker-dealer LPL Financial announced Thursday that three advisors from Maxwell Financial Management have joined the company’s registered investment advisor platform.

The three advisors are company CEO and Founder Richard Maxwell, President Adam Hill and Vice President Katy Ufferman. Maxwell founded the New Albany, Ohio-based firm in 1981.

Hill said the company moved its business to LPL for its “game-changing” technology. The firm will use LPL’s Admin Solutions to outsource day-to-day office management tasks.

“Clients are getting more sophisticated and we needed technology systems that can keep up with their demands. LPL is a perfect fit,” Hill said.

Hill also said LPL’s ownership structure as a publicly traded company was another reason behind Maxwell’s decision to move, by providing transparency into its business performance.

Rich Steinmeir, LPL Financial managing director and divisional president, said LPL will work with Maxwell to create meaningful and long-relationships with its clients.

“We will continue to leverage our scale to invest in cost-effective and value-add capabilities and resources that help our valued partners, like the Maxwell Financial Management team, create meaningful and long-term relationships with their clients,” Steinmeier said in a statement.

Prior to joining LPL, Maxwell reported having served approximately $240 million in brokerage and advisory assets. The group was formerly associated with Advisor Group’s FSC Securities Corp.

LPL Financial is one of the largest independent broker-dealers in the county, with 16,349 advisors and $719 billion in brokerage and advisory assets. Shares of LPL closed at $78.97 Friday, up 56 cents.