LPL Financial Hlds

LPL Financial Holdings, Inc. serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow their practices. It provides objective financial guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. The company was founded in 1989 and is headquartered in San Diego, CA.

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LPL Financial Hlds reports record earnings, eyes high net worth market

LPL Financial Hlds reported strong financial performance, with significant asset growth, record EPS, and robust same-store sales. The company's strategic focus on empowering advisers and enhancing client experience through various plays is driving growth and differentiation.
While challenges exist in executing strategic plays effectively, managing expense growth, and optimizing leverage ratios, LPL Financial Hlds has opportunities to further expand its service offerings, target high net worth clients, and grow its fixed rate portfolio.
By capitalizing on opportunities to enhance capabilities, target specific client segments, and invest in technology, LPL Financial Hlds can continue its growth trajectory and strengthen its position in the advisory market.
The company's commitment to financial stability, shareholder value, and strategic investments positions it well for future growth and market leadership, despite challenges in execution and market dynamics.
Overall, LPL Financial Hlds' focus on empowering advisers, enhancing client experience, and driving growth through strategic investments and service enhancements sets a positive trajectory for continued success and market expansion.

LPL Financial Hlds reports stellar Q1 results, eyes growth opportunities

LPL Financial Hlds (LPLA) delivered strong financial performance in Q1 2023, driven by robust asset growth, high retention rates, and doubled adjusted EPS.
The company's strategic focus on empowering advisers, expanding market presence, and optimizing revenue streams positions it for continued success and growth.
While facing challenges in liquidity management and client transitions, LPLA has opportunities to capitalize on market trends, drive growth, and enhance profitability.

LPL Financial reports robust Q2 performance and strategic growth plans

LPL Financial's Q2 performance reflects strong growth in assets, net new assets, and adjusted EPS, supported by a record retention rate and strategic initiatives.
Despite challenges like decreased gross profit and client cash revenue, the company's focus on innovation, acquisitions, and shareholder value creation remains strong.
Opportunities lie in leveraging M&A, expanding services, and delivering value proposition to drive future growth and market leadership.
With a solid financial position, growth strategies, and commitment to serving advisers, LPL Financial is poised for continued success and value creation in the financial services industry.

LPL Financial reports record Q3 recruitment success and strategic growth

LPL Financial's Q3 performance showcased strong asset growth, recruitment success, and increased EPS. The company faces challenges in managing promotional expenses and market transitions but is well-positioned to capitalize on opportunities for growth and innovation.
With a strategic focus on horizontal expansion and vertical integration, LPL Financial aims to sustain its strong asset retention and recruitment momentum. The partnership with Prudential and readiness to comply with regulatory changes position the company for future success.

LPL Financial Hlds reports robust Q4 earnings, eyes M&A growth

LPL Financial Hlds delivered strong financial performance in Q4, with notable increases in assets and EPS. The company's strategic initiatives to enhance digital capabilities and simplify adviser onboarding are driving growth. While facing challenges in G&A expenses and industry complexities, LPL Financial Hlds is well-positioned to capitalize on M&A opportunities and industry trends.

LPL Financial reports strong Q1 performance and eyes growth opportunities

LPL Financial's Q1 2024 earnings call highlighted robust financial results, strategic acquisitions, and a focus on delivering shareholder value. Despite facing challenges in basis points improvement and increased expenses, the company remains optimistic about organic growth opportunities and regulatory alignment.

LPL Financial reports robust Q2 growth and strategic expansion

LPL Financial's Q2 performance reflects strong growth, strategic initiatives, and financial resilience, positioning the company for continued success.
While facing challenges in promotional expenses and strategic realignment, the company's focus on adviser recruitment, client care, and value delivery remains key strengths.
Opportunities lie in continued momentum in recruiting, annuity demand, and value creation for advisers and clients, driving long-term shareholder value and market differentiation.

LPL Financial reports record assets and strategic acquisitions in Q3

LPL Financial Holdings Inc. delivered a strong performance in Q3 2024, marked by record assets, robust growth, and strategic acquisitions. While facing challenges in managing institutional segment growth, the company is well-positioned to capitalize on opportunities through expansion of offerings and focus on client-centric operations.

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LPL Financial Holdings, Inc. serves the advisor-mediated marketplace as the nation’s independent broker-dealer and is an investment advisory firm and a custodian. It offers integrated technology solutions, brokerage & advisory platforms, clearing, compliance, business and planning and advice services, consultative practice management programs and training. The company provides personalized financial guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL Financial Holdings was founded in 1989 and is headquartered in San Diego, CA.

CHARLOTTE, N.C. , Oct. 11, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisor Douglas Chin has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms, aligned with Gladstone Wealth Partners, a large enterprise on LPL's hybrid RIA platform. He reported having served approximately $200 million in advisory, brokerage and retirement plan assets*, and joins from Morgan Stanley.

LPL Financial, Gladstone Welcome Financial Advisor Douglas Chin

CHARLOTTE, N.C., Oct. 07, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC congratulates the seven LPL-affiliated financial advisors named to the 2021 Forbes Top Next-Gen Wealth Advisors list.

Seven LPL Financial Advisors Recognized by Forbes as Top Next-Gen Advisors

CHARLOTTE, N.C., Oct. 06, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that Lindsey D. Rhea CFP® of Alia Wealth Partners has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms, affiliating with LPL's Strategic Wealth Services (SWS) model. She reported having served approximately $260 million in advisory, brokerage and retirement plan assets*. She joins LPL from Wells Fargo Advisors Financial Network.

Alia Wealth Partners Joins LPL Strategic Wealth Services

SAN DIEGO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), the parent corporation LPL Financial LLC, announced today it will report third quarter financial results after the market closes on October 28. The Company will host a conference call to discuss its results at 5 p.m. ET the same day. Listeners can call 877-677-9122 (domestic) or 708-290-1401 (international), and use passcode 2968493.

LPL Financial Announces Third Quarter 2021 Earnings Release Date and Conference Call

CHARLOTTE, N.C., Sept. 29, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that the team at First Legacy Wealth Management has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms, aligned with large enterprise JFC Advisor Network. The team reported serving over $400 million in advisory, brokerage and retirement assets*. They join LPL from Avantax Investment Services, part of Blucora.

LPL Financial, JFC Advisor Network Welcome First Legacy Wealth Management

CHARLOTTE, N.C., Sept. 28, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that three registered investment advisor (RIA) firms run by LPL-affiliated advisors have been included on Barron's list of Top 100 RIA Firms.

Three LPL-Affiliated Advisor RIA Firms Named to Barron's Top 100 RIA Firms List for 2021

CHARLOTTE, N.C., Sept. 27, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that Polaris Advisors has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms, affiliating with LPL's Strategic Wealth Services (SWS) model. The advisors reported having served approximately $675 million in advisory, brokerage and retirement plan assets*. They join LPL from Mass Mutual.

Polaris Advisors Joins LPL Strategic Wealth Services

CHARLOTTE, N.C., Sept. 23, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) today announced the inclusion of four LPL-affiliated advisors on Barron's annual list of Top 100 Independent Financial Advisors, including Charles Zhang*, rose from second position last year to the claim the top spot on the 2021 list.

Four LPL Advisors Named to Barron's Top 100 Independent Financial Advisors List for 2021

Rise in brokerage and advisory assets balance will support LPL Financial's (LPLA) revenues going forward.

LPL Financial (LPLA) Stock Up 3.5% as August Metrics Rise

CHARLOTTE, N.C., Sept. 22, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that the team at Wealth Advisory Services has rejoined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The advisors are aligned with Gladstone Wealth Partners, a large enterprise on LPL's hybrid RIA platform. They reported having served approximately $700 million in advisory, brokerage and retirement plan assets*, and join from Raymond James.

LPL Financial, Gladstone Welcome Wealth Advisory Services

SAN DIEGO, Sept. 21, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for August 2021.

LPL Financial Reports Monthly Activity for August 2021

CHARLOTTE, N.C., Sept. 16, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that Sandstone Wealth Management, the investment program located at Heartland Bank, has joined LPL's Institution Services platform, aligned with JFC Advisor Network (JFC), a large enterprise that supports LPL-affiliated advisors. Sandstone Wealth Management's financial professionals reported previously having served approximately $300 million in brokerage, advisory and retirement plan assets*. They were previously affiliated with Raymond James and Royal Alliance, part of the Advisor Group network.

LPL Financial, JFC Advisor Network Welcome Sandstone Wealth Management

CHARLOTTE, N.C., Sept. 15, 2021 (GLOBE NEWSWIRE) -- The LPL Financial Foundation today announced two new charitable partnerships aligned to the foundation's focus on advancing the economic well-being of underserved populations, with an emphasis on increasing the diversity of the financial services talent pipeline and providing resources to small business owners in underserved communities. The American College of Financial Services and LISC (Local Initiatives Support Corporation) received grants that, combined, total nearly a half million dollars.

LPL Financial Foundation Forms Two New Partnerships to Encourage Equity in Our Industry and Communities

CHARLOTTE, N.C., Sept. 13, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that Cara Dailey has joined the firm as executive vice president, Chief Data Officer, effective Sept. 13. She leads the firm's Data and Analytics team in a newly-created role designed to accelerate LPL's digital strategies and data management. She reports to Rich Steinmeier, LPL managing director and divisional president, Business Development.

LPL Financial Hires Cara Dailey as New Chief Data Officer

CHARLOTTE, N.C., Sept. 13, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisors David Crossan CFP®, CLU®, CRC®, and John Stephens, Jr. have teamed up to open a new independent practice through affiliation with LPL Financial's Strategic Wealth Services (SWS) model designed to support the unique needs of breakaway advisors. The advisors reported having served approximately $305 million in advisory, brokerage and retirement plan assets*. They join LPL from Wells Fargo Advisors.

Shoreline Wealth Management Launches with Support of LPL Financial Strategic Wealth Services

CHARLOTTE, N.C., Sept. 09, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisor John Vande Bossche and the team at Vande Bossche Financial Planning and Wealth Management have joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The family team reported having served approximately $380 million in advisory, retirement plan and brokerage assets*. They join LPL from Northwestern Mutual.

LPL Financial Welcomes Family-Run Vande Bossche Financial Planning & Wealth Management

CHARLOTTE, N.C., Sept. 07, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that Matthew Morningstar has joined the firm as executive vice president, Compliance, Legal & Risk, effective Sept. 7. In his role, Morningstar has oversight of the firm's litigation, arbitrations, regulatory matters, and customer disputes. He reports to Michelle Oroschakoff, LPL chief legal officer and managing director, Compliance, Legal & Risk.

Matthew Morningstar Joins LPL Financial as EVP, Compliance, Legal & Risk

CHARLOTTE, N.C., Sept. 07, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Corpus Christi Financial Group has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The advisors reported having served approximately $400 million in advisory, brokerage and retirement plan assets*. They join LPL from Voya, which was recently acquired by Cetera.

LPL Financial Welcomes Corpus Christi Financial Group

CHARLOTTE, N.C., Sept. 02, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that three LPL advisors were recognized among the 2021 Top Wealth Advisors list published recently by leading business magazine Forbes. Against the backdrop of the COVID-19 pandemic, this year's list acknowledges the tireless efforts of 250 financial advisors, each who have worked diligently to support their clients through the most volatile period in over a decade.

Forbes Lists Three LPL Financial Advisors Among 2021 Top Wealth Advisors

CHARLOTTE, N.C., Sept. 01, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that TBT Financial Services has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The advisors reported having served approximately $625 million in advisory, brokerage and retirement plan assets*. They join LPL from Raymond James.

LPL Financial Welcomes TBT Financial Services

CHARLOTTE, N.C., Aug. 31, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisor Allison Taylor and the team at Taylor Wealth Management have joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. Taylor reported having served approximately $295 million in advisory and brokerage assets*. She joins LPL from Wells Fargo Advisors.

All Women Team, Taylor Wealth Management, Joins LPL Financial

SAN DIEGO, Aug. 25, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) today announced that financial advisors Jason Sherr and Merrick Nguyen have launched a new independent practice, StrateFi Wealth Management, through affiliation with LPL Financial's Strategic Wealth Services (SWS) model designed to support the unique needs of breakaway advisors. The advisors reported having served approximately $235 million in advisory, brokerage and retirement plan assets*. They join LPL from Wells Fargo Advisors.

StrateFi Wealth Management Launches With Support of LPL Strategic Wealth Services

Firm to conduct search for new wealth management leader Firm to conduct search for new wealth management leader

LPL Managing Director and Chief Investment Officer Burt White to Retire From LPL, Effective March 2022

Continued increase in brokerage and advisory assets balance as well as net new assets drive LPL Financial Holdings' (LPLA) metrics in July.

LPL Financial (LPLA) July Metrics Increase on Market Gains

SAN DIEGO, Aug. 19, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for July 2021.

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