Another billion-plus wealth management group has left LPL Financial, InvestmentNews writes.

Ingham Retirement Group, which offers record-keeping, retirement plan consulting and actuarial and advice services, primarily works with employer-sponsored plans, according to the publication. Ingham’s 10 investment advisors oversee $1.8 billion in assets, of which $1.4 billion are in non-discretionary assets, according to its most recent Form ADV cited by InvestmentNews. A person familiar with the decision tells the publication Ingham’s top brass opted to leave LPL because of consistent declines in Ingham’s brokerage operations.

The company plans to do business through its RIA alone and not affiliate with a different broker-dealer, the source tells InvestmentNews. Spokespeople for both Ingham and LPL didn’t respond to the publication’s requests for comment.

Earlier this week it was reported that another firm affiliated with LPL was also planning to leave.

Independent Financial Partners’ more than 500 financial advisors oversee close to $10 billion in discretionary assets under management.

LPL has been undergoing substantial changes in recent months. In January 2017, Dan Arnold became chief executive of LPL, replacing Mark Casady, and in June, Bill Beardsley took over as head of LPL Retirement Partners from David Reich, InvestmentNews writes.

LPL also bought the assets on the National Planning Holdings network from Jackson National Life in August and recently completed the acquisition, although many of the NPH firms went to competitors such as Commonwealth Financial Network, Securities America, Woodbury Financial Services and FSC Securities.