Welcome to our dedicated page for Lpl Financial news (Ticker: LPLA), a resource for investors and traders seeking the latest updates and insights on Lpl Financial stock.
LPL Financial Holdings Inc. (Nasdaq: LPLA) provides essential technology and support services to over 22,000 financial advisors nationwide. This page serves as the definitive source for official company announcements, financial results, and strategic developments.
Access real-time updates including quarterly earnings disclosures, regulatory filings, and technology initiatives that shape the advisor-mediated wealth management landscape. Our curated collection ensures investors and professionals stay informed about operational milestones, partnership agreements, and compliance updates critical to understanding LPLA's market position.
Explore press releases covering advisor recruitment trends, platform enhancements, and industry thought leadership. All content is sourced directly from LPL Financial's corporate communications, maintaining factual accuracy and regulatory compliance.
Bookmark this page for streamlined access to LPLA's financial narrative. For historical context, combine these updates with our detailed company profile analyzing LPLA's broker-dealer business model and competitive differentiators.
LPL Financial (Nasdaq: LPLA) has announced that financial advisor James 'Jim' Verdi, CFP®, has joined their broker-dealer, RIA and custodial platforms from Osaic. Verdi's firm, Synergy Wealth Strategies, brings approximately $350 million in advisory, brokerage and retirement plan assets to LPL.
Founded in 2008 and based in Smithtown, N.Y., Synergy Wealth Strategies provides comprehensive wealth management services with a holistic approach. The team chose LPL Financial to enhance their client experience, improve technological capabilities, and grow their business through LPL's integrated technology platform and back-office support.
LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, managing about $1.7 trillion in brokerage and advisory assets for approximately 6 million Americans.
LPL Financial Holdings (Nasdaq: LPLA) has announced it will release its first quarter 2025 financial results after market close on Thursday, May 8, followed by a conference call at 5 p.m. ET. The call will be accessible via investor.lpl.com/events.
As one of the fastest-growing wealth management firms in the U.S., LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions. The company services and maintains custody of approximately $1.7 trillion in brokerage and advisory assets on behalf of about 6 million Americans. LPL provides various advisor affiliation models, investment solutions, fintech tools, and practice management services to help advisors and institutions operate their businesses effectively.
LPL Financial (LPLA) has announced the promotion of five executives to new Managing Director roles, marking a significant organizational restructuring. The promoted executives are Christa Carone (Chief Marketing and Communication Officer), Gary Carrai (Chief Product Officer), Brett Goodman (Corporate Development, Treasury, and Investor Relations), Scott Posner (Business Development), and Brent Simonich (Chief Risk Officer, Head of Business Operations).
Additionally, five current Managing Directors - Althea Brown, Marc Cohen, Matthew Enyedi, Greg Gates, and Aneri Jambusaria - will be elevated to Group Managing Directors, continuing their roles on LPL's Management Committee alongside CEO Rich Steinmeier and President/CFO Matt Audette.
LPL Financial, supporting nearly 29,000 financial advisors and approximately 1,200 financial institutions, currently services approximately $1.7 trillion in brokerage and advisory assets on behalf of about 6 million Americans.
LPL Financial (NASDAQ: LPLA) has announced that Tenacity Investment Group, led by Steve Jones, has joined LPL's broker-dealer, RIA and custodial platforms. Jones, who previously served at Raymond James, brings approximately $230 million in advisory, brokerage and retirement plan assets to LPL.
Based in Longmont, Colorado, Jones is a 25-year industry veteran who founded Tenacity Investment Group in 2010. The firm, supported by operations manager Mindy Kennie, specializes in serving individuals approaching or in retirement. Jones chose LPL for its dedicated service advisor team, size, scale, and focus on independent advisors.
LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, with approximately $1.7 trillion in brokerage and advisory assets under management on behalf of about 6 million Americans.
LPL Financial (Nasdaq: LPLA) has announced that Trimp Wealth Management, led by father-son duo Patrick and Jack Trimp, has joined LPL's broker-dealer, RIA, and custodial platforms. The team, previously with Nations Financial Group, Inc., manages approximately $220 million in advisory, brokerage, and retirement plan assets.
Patrick Trimp, a former U.S. Navy veteran with nuclear power training, established Trimp Wealth Management in 2008. His son Jack joined the practice in 2019. The team chose LPL Financial after a three-year search, citing the firm's integrated platform and open architecture as key factors in their decision.
LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, with approximately $1.7 trillion in brokerage and advisory assets under management on behalf of approximately 6 million Americans.
LPL Financial (LPLA) has appointed Vaughn Harvey as executive vice president and chief data and artificial intelligence officer to lead the company's data and AI initiatives. Harvey brings over 25 years of experience, previously serving as managing director at JP Morgan Chase and holding senior roles at Morgan Stanley, PwC, and Jefferies.
The appointment aligns with LPL's ongoing AI expansion, including the recent launch of AI Advisor Solutions in Q4 2024 and the AI Accelerator program. The company is currently piloting AI-powered solutions for personalized financial planning and streamlined client onboarding. LPL Financial supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, managing about $1.7 trillion in brokerage and advisory assets for approximately 6 million Americans.
LPL Financial (LPLA) has announced a strategic partnership with First Horizon Bank to enhance their wealth management capabilities. First Horizon Advisors, consisting of approximately 110 financial advisors managing about $16 billion in client assets across 12 states, will transition their broker-dealer and investment advisory services to LPL's Institution Services platform.
The transition is scheduled for completion in the second half of 2025, pending regulatory approval. This strategic move aims to expand First Horizon's service offerings while allowing them to focus on growth and client experience. Financial advisors will maintain their direct client relationships while implementing investment strategies through LPL's platform.
LPL Financial (LPLA) has announced that Horizon Capital Advisors, a team of eight financial advisors previously with Osaic, has joined LPL's broker-dealer, RIA, and custodial platforms. The team, managing approximately $450 million in assets, is led by Partners Brett Deuth, J. Brock McClain, and Brian Watts.
Horizon Capital operates from multiple locations including Overland Park, Kansas, and offices in Clinton and Van Buren, Missouri. The team's transition to LPL was motivated by their search for enhanced service experiences, improved office efficiencies, and access to more robust technology platforms.
LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, with about $1.7 trillion in brokerage and advisory assets under management on behalf of approximately 6 million Americans.
LPL Financial Holdings Inc. (NASDAQ: LPLA) has announced the pricing of its public offering of 4,687,500 common stock shares at $320.00 per share. The company granted underwriters a 30-day option to purchase up to 703,125 additional shares. The offering is expected to close on April 2, 2025.
Morgan Stanley & Co. serves as the sole active book-running manager, with multiple firms acting as joint book-running managers and co-managers. The net proceeds will primarily fund the cash consideration for LPL's proposed acquisition of Commonwealth Financial Network, with any remaining funds allocated to general corporate purposes.
LPL Financial currently supports nearly 29,000 Financial Advisors and approximately 1,200 financial institutions, managing about $1.7 trillion in brokerage and advisory assets for approximately 6 million Americans.
LPL Financial Holdings Inc. (NASDAQ: LPLA) has announced a $1.5 billion common stock offering with Morgan Stanley & Co. as the sole active book-running manager. The underwriters will have a 30-day option to purchase an additional $225.0 million of common stock.
The proceeds will primarily fund the previously announced acquisition of Commonwealth Financial Network, with any remaining funds allocated for general corporate purposes. LPL plans to use available cash and additional borrowings to complete the transaction funding.
LPL Financial currently supports nearly 29,000 Financial Advisors and approximately 1,200 financial institutions, managing about $1.7 trillion in brokerage and advisory assets for approximately 6 million Americans.
