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) is a wealth management and investment advice company that operates in the financial advisor–mediated marketplace. Through LPL Financial LLC and related entities, the firm supports tens of thousands of financial advisors and the wealth management programs of numerous financial institutions, servicing and custodying brokerage and advisory assets for millions of Americans.
This news page highlights LPLA-related developments, reflecting how the company grows and manages its platform. Readers can find coverage of advisor teams and firms choosing to join LPL’s broker-dealer and Registered Investment Advisor platform or its employee advisor channel, including practices such as Oak Bridge Financial, Rand, Williams & Associates and Forest Lake Wealth Partners. These stories illustrate why advisors transition to LPL, often citing autonomy, technology capabilities, operational flexibility and support.
News items also include leadership and governance updates, such as appointments of senior executives in areas like supervision, service, legal and corporate strategy, as well as the election of independent directors to the board. In addition, LPL issues releases on its earnings release schedule, monthly activity metrics and research publications like the firm’s 2026 Outlook, which provides a data-driven view of the economic and market environment.
Investors, advisors and other interested readers can use this page to follow recurring themes in LPL’s news flow, including advisor recruitment, corporate strategy, board composition, regulatory and legal leadership, and platform growth indicators. By reviewing these updates over time, users gain insight into how LPL manages its wealth management platform and supports the advisors and institutions that rely on its services.
LPL Financial (Nasdaq: LPLA) announced that over 30 financial advisors from Academy Financial and PFG Advisors have joined LPL's platforms, bringing approximately $4 billion in assets. The advisors, previously with Lincoln Financial, will merge under the Academy brand. Academy Financial, founded in 1992 by Harry Horn, and PFG Advisors, led by Tyler McCraw and Steve Morris, specialize in wealth creation, preservation, and comprehensive financial planning.
The move to LPL was motivated by enhanced operational capabilities, advanced tools, and LPL's robust infrastructure. Brent J. Kvech of Academy Financial emphasized that the transition was made to benefit clients, aligning with their mission to 'serve first, serve last and serve always.' LPL Executive VP Scott Posner welcomed the firms, highlighting LPL's commitment to empowering advisors with innovative technology and resources.
LPL Financial (Nasdaq: LPLA) announced that 4Point Wealth Management, a team of financial advisors managing approximately $375 million in assets, has joined LPL's Strategic Wealth Services (SW) model. The team, consisting of Christina McConnell, Laura Long, and Jay Tillman, transitioned from Wells Fargo Financial Advisors Network (FiNet) to LPL's supported independence platform.
4Point Wealth Management, founded in 2006 and based in Davidson, N.C., specializes in comprehensive retirement planning, asset allocation analysis, and goals-based financial planning. The team chose LPL's SW model for its true independence, best-in-class technology, and strategic business resources. This move allows them to offer more personalized investment options and enhanced service experiences to their clients.
LPL Financial (Nasdaq: LPLA) has announced that financial advisors Jason Walker, Vladimir Nikitenko, H. Scott Braswell, Rosty Tkachenko, and John Hydrick have joined LPL's platforms, aligned with Integrated Financial Group (IFG). The team, now operating as Wealthstead Financial Advisors, reported serving approximately $615 million in assets and moved from Lincoln (now part of Osaic).
Led by Army veteran Jason Walker, Wealthstead offers comprehensive financial planning services, focusing on retirement income planning and portfolio management. The team chose LPL for its integrated technology, strategic business resources, and independence. They also appreciate IFG's localized support and networking opportunities.
LPL Financial, serving over 23,000 financial advisors, emphasizes advisor independence and personalized client guidance. The company provides advisors with the flexibility to choose their business model and resources to support their practice growth.
At Focus 2024, LPL Financial unveiled its strategic priorities and expanded portfolio of resources to help financial advisors thrive. The company announced an expanded suite of business solutions, expected to reach 20 services by year-end. Key highlights include:
1. New Payroll and HR Solutions to streamline talent management
2. Tech Consulting Service to optimize technology utilization
3. Chief Investment Officer (CIO) service to elevate expertise
4. Personalized Growth Coaching to drive scale and business development
5. Expanded Marketing Solutions to amplify client connections
6. Access to Capital to support advisors through lifecycle stages
LPL's research shows that top-performing advisors who partner with LPL for support earn three times more revenue while working similar hours to their peers.
LPL Financial's Focus 2024 conference is underway, showcasing enhanced technology tools and wealth management solutions. Key highlights include:
1. AI integration: LPL is piloting an AI tool for personalized financial planning insights.
2. Cybersecurity advancements: Introduction of Secure Office, Secure Cloud, and Secure Password solutions.
3. Expanded offerings: Addition of new ETFs, SMAs, fixed income, and alternative investment options to the Model Wealth Portfolios (MWP) platform.
The conference reflects the growing demand for personalized financial advice, with 63% of investors willing to pay for advice, up from 38% in 2009. LPL serves 5 million American families through its network of 23,000+ financial advisors.
LPL Financial (Nasdaq: LPLA) kicked off its annual Focus 2024 conference in San Diego, bringing together nearly 9,000 attendees for one of the largest gatherings of financial advisors worldwide. The event features over 200 breakout sessions on topics ranging from artificial intelligence to estate planning, and showcases LPL's strategic roadmap for helping financial professionals deliver great advice and run thriving businesses.
Highlights include:
- LPL's total advisory and brokerage assets increased 21% year-over-year to $1.5 trillion in Q2 2024
- The company unveiled an updated brand visual identity
- Keynote speakers include Olympic medalist Apolo Ohno and former NFL player Jon Dorenbos
LPL Financial serves over 23,000 financial advisors and continues to differentiate itself through strong growth, innovation, and a full suite of affiliation models.
LPL Financial (Nasdaq: LPLA) announced the return of Harbor Lights Financial Group to its broker-dealer, RIA, and custodial platforms. The team, serving approximately $535 million in assets, joins LPL from Wells Fargo FiNet. Founded in 1994 and based in Manasquan, N.J., Harbor Lights specializes in retirement planning and high-net-worth clients.
The group chose to return to LPL due to the firm's recent transformation and investments in future-focused platforms. They were particularly attracted to LPL's Liquidity & Capital resources and its commitment to advisor support. LPL's leadership, from CEO Dan Arnold to Chief Growth Officer Rich Steinmeier, impressed the Harbor Lights team with their dedication to the advisors' success.
LPL Financial (Nasdaq: LPLA) announced that financial advisor Alberto Francis has joined their LPL Private Wealth Management model to launch Rockview Private Wealth. Francis, formerly with Bank of America Private Bank, reported serving approximately $725 million in assets. The move allows Francis to shift focus from banking to investments, planning, and customized services for high-net-worth clients.
LPL Private Wealth offers independence with support, providing enhanced services, expanded capabilities, and access to an exclusive high-net-worth advisor community. Francis chose LPL for its broader range of services, resources, and ability to craft client-focused strategies without proprietary product limitations. The name 'Rockview' pays homage to Francis' Irish heritage and symbolizes stability, security, and vision for his new practice.
LPL Financial has announced that SoundWay Financial has joined its broker-dealer, RIA, and custodial platforms, aligning with existing firm Balmville Wealth Group (BWG). The SoundWay team, led by senior advisors Richard Belanger, Hons Yu, CFP®, and Michael Belanger, serves approximately $180 million in advisory, brokerage, and retirement plan assets. They have moved from Cetera to LPL Financial, seeking to elevate their practice and work more cohesively as a team.
The move to LPL Financial and BWG is expected to provide SoundWay with more control over their practice, localized support, and additional resources. This transition aligns with LPL's commitment to supporting advisors' ability to meet client expectations for differentiated experiences and access to sophisticated wealth management solutions.
LPL Financial (Nasdaq: LPLA) has announced that Englert Financial, a family-oriented firm based in Springfield, Va., has joined LPL's broker-dealer, RIA, and custodial platforms. The team, consisting of George Englert, Kevin Englert, and Carrie Hughes, reported serving approximately $170 million in advisory, brokerage, and retirement plan assets. They previously worked with Avantax, now owned by Cetera.
The move to LPL is part of Englert Financial's strategic plan to enhance technology and provide more personalized services to clients. The team cited LPL's best-in-class technology, innovative resources, and integrated capabilities as key factors in their decision. As a Fortune 500 company, LPL offers the stability and confidence Englert Financial needs to build their ideal practice for the future.
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