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 a definitive agreement to acquire Commonwealth Financial Network for approximately $2.7 billion in cash. Commonwealth, the largest independently owned wealth management firm in the country, supports ~2,900 independent advisors managing ~$285 billion in assets.
The acquisition brings together two industry leaders, with Commonwealth ranked #1 in Independent Advisor Satisfaction by J.D. Power for 11 consecutive times. Commonwealth's founder Joseph Deitch will assume an advisory role to LPL's Board of Directors, while CEO Wayne Bloom will join LPL's Management Committee and lead the launch of LPL's Office of Advisor Advocacy.
The transaction is expected to close in the second half of 2025, with platform conversion completion anticipated by mid-2026. LPL plans to finance the acquisition through a combination of corporate cash, debt, and equity, targeting a credit agreement leverage of 2.25x post-closing.
LPL Financial (LPLA) has announced that financial advisor Austin Greer has joined their employee advisor channel, Linsco by LPL Financial, to launch Oxford Oaks Capital. Greer, who transitions from UBS, brings approximately $600 million in advisory, brokerage and retirement plan assets to LPL.
Based in Franklin, Tennessee, Greer's team includes Wealth Advisor John Dunahoo and Senior LPL Registered Service Associate Stephanie DePriest. The practice specializes in retirement income planning, tax and estate planning for high-net-worth clients, particularly business owners and doctors.
The team chose LPL's Linsco model for its enhanced technology, office efficiencies, and greater autonomy. This model allows advisors to maintain ownership of client relationships while accessing LPL's integrated wealth management platform and business resources.
LPL Financial (LPLA) reported its February 2025 monthly activity, showing total advisory and brokerage assets of $1.82 trillion, a 0.6% increase ($11.3 billion) from January 2025. Total net new assets reached $24.5 billion, including $0.7 billion in acquired assets.
The company achieved $23.8 billion in organic net new assets, representing a 15.8% annualized growth rate. This included $13.7 billion from Prudential Advisors and $0.3 billion from Wintrust onboarding, while $0.2 billion off-boarded from misaligned large OSJs. Excluding these impacts, organic net new assets were $10.0 billion (6.6% annualized growth).
Client cash balances decreased by $0.9 billion to $51.3 billion, while net buying activity reached $14.3 billion in February.
LPL Financial (Nasdaq: LPLA) has announced that financial advisors Larry Hubbard, Craig Conner, and Jade Maasch have joined LPL's broker-dealer, RIA, and custodial platforms from Ameriprise. The team, previously known as Alliance Financial Partners, has rebranded as Legacy Premier Wealth Management, serving approximately $275 million in advisory, brokerage, and retirement plan assets.
Based in Greeley, Colorado, and Cheyenne, Wyoming, the team chose LPL for its flexibility, non-proprietary investment products, and integrated platform capabilities. 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 (LPLA) has announced the addition of four certified financial advisors to Carnegie Private Wealth, an existing firm supported by LPL Strategic Wealth. The advisors - James Larsen, Lucas Decker, Kevin Lewis, and Seth Miller - collectively manage approximately $475 million in advisory, brokerage and retirement assets.
Larsen joins from Wells Fargo Advisors, while Decker, Lewis, and Miller transition from Edward Jones. Each advisor brings specialized expertise: Larsen has 18 years of international business management experience, Decker focuses on business owners and executives, Lewis specializes in business owners and retirement planning, and Miller concentrates on young professionals and intergenerational wealth planning.
Carnegie Private Wealth, which launched in 2023 with LPL Strategic Wealth, continues its growth trajectory by leveraging LPL's business strategists, marketing resources, and CFO partnership.
LPL Financial (NASDAQ: LPLA) has completed the acquisition of The Investment Center, Inc., a Bedminster-based broker-dealer and registered investment adviser. The deal brings 160 high-performing advisors to LPL's network, with approximately $4 billion of brokerage and advisory assets already onboarded as of March 11, 2025. The remaining $3 billion in assets are expected to transition over the coming months.
The Investment Center, founded in 1986, provides back-office support services, investment tools, and technology to independent financial advisors across all 50 states. This strategic acquisition aligns with LPL's growth strategy, as the firm 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 (LPLA) has announced that financial advisor Justin Lotano and his team have joined LPL's broker-dealer, RIA, and custodial platforms from Wells Fargo Advisors Financial Network. The team, operating as Shorepoint Wealth Management in Colts Neck, N.J., brings approximately $250 million in advisory, brokerage and retirement assets.
The young team, averaging 30 years in age, includes Joe Burgard, Kevyn Marteniz, TJ Savona, and Gianna Granato. They specialize in retirement planning, wealth management, and helping clients through life transitions. LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, with $1.7 trillion in brokerage and advisory assets under management on behalf of approximately 6 million Americans.
LPL Financial (Nasdaq:LPLA) announced that financial advisor Michael Carmichael has joined their broker-dealer, RIA and custodial platforms from Osaic, bringing approximately $190 million in advisory, brokerage and retirement plan assets.
Carmichael, a U.S. Marine Corps veteran with over 20 years in financial services, leads Carmichael Financial with five support staff members across offices in Tucson, Ariz., Englishtown, N.J., and Logan, Utah. The firm provides comprehensive wealth management services including investments, risk management, tax strategies, retirement income planning and estate planning.
LPL Financial, among the fastest-growing wealth management firms in the U.S., 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. The company invested over $500 million last year in technology and strategic resources.
LPL Financial (LPLA) has announced that Townsgate Wealth Management has joined its broker-dealer, RIA, and custodial platforms. The Westlake Village-based team, managing approximately $1.15 billion in assets, has transitioned from Wells Fargo Advisors Financial Network.
The team includes six financial advisors: Jim Murray, Larry Bernstein, Abby Goldstein, Michael Kazmer, Brett Goldberg, and Wesley Wong. Founded in 2016, Townsgate specializes in serving high-net-worth individuals, families, and business owners, offering portfolio management, fixed-income analysis, and retirement planning services.
This addition contributes to LPL's growing wealth management platform, which 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) announced that financial advisors Joe Young and Ryne Stokes have joined their employee advisor channel, Linsco by LPL Financial, launching Servant Path Wealth Partners. The team, previously with Synovus Securities, manages approximately $400 million in advisory, brokerage and retirement plan assets.
Based in Columbus, Ga., the team offers comprehensive financial planning services including investment management, insurance, tax efficiency, retirement planning, estate planning and charitable giving. Their transition to LPL was driven by desires for greater autonomy, business flexibility, and enhanced resources.
The Linsco model provides advisors with independence to own client relationships while accessing LPL's integrated wealth management platform and business resources. LPL Financial currently supports nearly 29,000 financial advisors and approximately 1,200 financial institutions, servicing about $1.7 trillion in brokerage and advisory assets for approximately 6 million Americans.
