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 (LPLA) announced that Charter Oak Wealth Partners has joined LPL's broker-dealer, RIA and custodial platforms, aligned with existing firm Academy Financial. The team, which serves approximately $600 million in advisory, brokerage and retirement plan assets, transitions from Osaic.
Based in Hartford County, Conn., Charter Oak Wealth Partners was founded in 2016 by Gary Paul, CRPC®, with roots dating back over 50 years. The team chose LPL for its stability as a Fortune 500 company, strategic support, and innovative technology. LPL Financial currently supports over 29,000 financial advisors and 1,200 financial institutions, managing approximately $1.7 trillion in brokerage and advisory assets for 6 million Americans.
LPL Financial (LPLA) reported strong Q4 2024 results with net income of $271 million and diluted EPS of $3.59, up 26% year-over-year. The company achieved record adjusted EPS of $4.25, a 21% increase. Total advisory and brokerage assets grew 29% to $1.7 trillion, with advisory assets reaching $957 billion.
Key highlights include record recruited assets of $79 billion, including $63 billion from Prudential Advisors. Advisor count increased by 6,228 year-over-year to 28,888, boosted by approximately 2,200 advisors from Atria and 2,800 from Prudential. Total organic net new assets were $68 billion, representing 17% annualized growth.
For full-year 2024, LPL reported net income of $1.1 billion with diluted EPS of $14.03. The company maintained strong capital management with $170 million in share repurchases and $90 million in dividends paid throughout the year.
LPL Financial (NASDAQ: LPLA) announced that financial advisors John P. Schlatter, Robert Rojano, Alec Hoag, and Michael Madden have joined LPL's platforms from Osaic, bringing approximately $1 billion in assets. Based in Manhattan Beach, California, their firm, Salient Wealth Planning Group, specializes in serving high-net-worth clients with customized investment strategies and wealth preservation services.
The team chose LPL for its advanced capabilities and customer service, particularly noting LPL's significant $500 million technology investment planned for 2024. As a Fortune 500 company, LPL currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets for 6 million Americans.
Anthony Calomeni, a financial advisor at Heffernan Financial Services in Walnut Creek, has been recognized with inclusion in LPL Financial's Masters Club Program for 2025. This achievement acknowledges his excellence in financial guidance, particularly serving clients in the Bay Area with comprehensive wealth management services.
Calomeni provides services including investment management, retirement planning, tax planning, charitable giving, and estate planning. With a 10-year affiliation with LPL Financial, he has demonstrated significant success in transforming clients' financial aspirations into concrete results.
Julian Lopez, LPL's Executive Vice President of Independent Advisor Services Client Success, praised Calomeni's outstanding achievements in 2024 and his success in elevating his business across the Bay Area. Through LPL's platform, Calomeni leverages the firm's services, support, and tools while focusing on building relationships and delivering personalized financial advice.
LPL Financial (LPLA) announced the successful transition of Wintrust Financial 's wealth management business to LPL's Institution Services platform. The integration involves approximately 90 advisors managing about $16 billion in assets. On January 25, $15 billion of brokerage and advisory assets were onboarded to LPL, with the remaining $1 billion expected to transfer over the next several months.
The strategic relationship, initially agreed upon in February 2024, aims to enhance Wintrust's wealth management services by leveraging LPL's platform capabilities, technology, and centralized support. This integration is designed to provide a more streamlined experience for clients and an improved integrated experience for advisors.
LPL Financial (Nasdaq:LPLA) announced that father and son financial advisors William 'Bill' Bruen, Jr., and Andrew Bruen have joined LPL Financial's broker-dealer, bringing approximately $1.3 billion in advisory, brokerage and retirement plan assets from UBS. The Bruens will align with existing firm Paradigm Partners and launch their new independent practice, Bruen Wealth Management.
The move represents a significant continuation of the Bruen family's wealth management legacy in Morristown, N.J., which dates back to 1922. The family has served multiple generations of clients, with the practice originally established by James Bruen, followed by William Bruen, Sr., who retired in 2020 after 70 years of service.
LPL Financial currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets on behalf of 6 million Americans.
LPL Financial (NASDAQ: LPLA) announced that financial advisor Christopher Ketchen has joined their employee advisor channel, Linsco by LPL Financial, to launch Katama Wealth Partners. Ketchen, who previously served at UBS, brings approximately $315 million in advisory, brokerage and retirement plan assets to LPL.
Based in Boston, Ketchen specializes in comprehensive wealth management and corporate retirement plans. He is joined by Senior Client Associate Courtney Poole. The move to Linsco provides Ketchen with greater autonomy, access to LPL's integrated wealth management platform, and robust business resources, while maintaining support from an experienced branch management team and dedicated marketing consultant.
LPL Financial currently supports over 28,000 financial advisors and 1,200 financial institutions, managing approximately $1.8 trillion in brokerage and advisory assets for 6 million Americans.
LPL Financial (NASDAQ: LPLA) has announced that financial advisors Brian J. McGill, II, CFP®, and Michael R. Hyser, CFP®, have joined LPL's broker-dealer, RIA and custodial platforms from Kestra. Based in Alpharetta, Ga., their firm Johns Creek Financial serves approximately $385 million in advisory, brokerage and retirement plan assets.
Founded in 2002, Johns Creek Financial specializes in investment services, tax strategies, retirement and estate planning for high-net-worth families, corporate executives and business owners. The advisors chose LPL for its comprehensive services, advanced technology solutions, investment management platform, and robust resource capabilities for high-net-worth services.
LPL Financial currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets for 6 million Americans.
LPL Financial has unveiled an enhanced portfolio of Marketing Solutions, featuring a new Digital Marketing Platform designed to help financial advisors grow their businesses and improve client engagement. The platform offers multi-channel marketing capabilities, automation tools, and compliance workflows, integrated seamlessly into LPL's ecosystem.
The solution includes an extensive library of financial content, AI-powered recommendations, and real-time reporting features. According to LPL, advisors using their Marketing Solutions grew assets 39% faster than peers over a 6-month period. The platform is fully customizable, allowing advisors to choose their preferred level of support, from self-service digital tools to full-service marketing assistance.
LPL Financial, which supports over 28,000 financial advisors and approximately 1,200 financial institutions, currently services about $1.8 trillion in brokerage and advisory assets for approximately 6 million Americans.
LPL Financial announced that financial advisors Larry Forlenza and Carl Hanks have joined LPL's broker-dealer, RIA and custodial platforms from Raymond James Financial Services, bringing approximately $430 million in advisory, brokerage and retirement plan assets. Based in Morristown, N.J., they have reunited with Morristown Wealth Management team.
Forlenza, with nearly 30 years in financial services, specializes in retirement income planning, employer-sponsored retirement plans, and tax planning. Hanks, in the industry since 1991, focuses on serving corporate executives, business owners, and affluent families. Both advisors chose LPL after extensive due diligence, citing the firm's open-architecture digital platform and robust support system as key factors.
LPL Financial currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets for 6 million Americans.
