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., July 20, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that financial advisors Steven Bailin, CFP®, Jodie Cohen CFP®, CRPS®, and Jeffrey Prince CFP®, have founded a new independent practice, PBC Private Wealth, 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 $700 million in advisory, brokerage and retirement plan assets*. They join LPL from Morgan Stanley.

PBC Private Wealth Launches With Support of LPL Strategic Wealth Services

CHARLOTTE, N.C., July 15, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced the launch of its Resilience Plan, a new LPL Business Solution that provides advisors with client service coverage during a short-term leave of absence. The plan provides professional support from LPL's in-house team of licensed financial representatives covering a range of services, including account management, trade support and annual reviews, in the event an advisor takes a leave of absence for family, medical or personal reasons.

LPL Financial Launches Solution Protecting Independent Advisors and Business Owners During Short-Term Leave

Buckle Up, Things Are Picking Up Speed Buckle Up, Things Are Picking Up Speed

LPL Financial Publishes Midyear Outlook 2021

CHARLOTTE, N.C., July 12, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Alan Kodama and the team at Pacstar Financial Group has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The team reported having served approximately $420 million in advisory, brokerage and retirement plan assets*. They join LPL from Ameriprise Financial.

LPL Financial Welcomes Pacstar Financial Group

Let's see if LPL Financial (LPLA) stock is a good choice for value-oriented investors right now from multiple angles.

Is LPL Financial (LPLA) a Suitable Value Investor Stock?

CHARLOTTE, N.C., July 07, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisor Joseph F. Myer CFP®, CPFA has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. He is aligned with Gladstone Wealth Partners, a large enterprise supporting LPL-affiliated advisors. Myer reported having served approximately $250 million in advisory, brokerage and retirement plan assets*, and joins LPL from Merrill Lynch.

LPL Financial and Gladstone Wealth Partners Welcome Veritas Capital Management

CHARLOTTE, N.C., July 06, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that South Carolina Governor Henry McMaster has signed into law a bill LPL supported as the primary proponent. The new statute gives financial service firms and securities regulators in the state of South Carolina new tools to detect and prevent the financial exploitation of vulnerable adults. LPL worked closely with South Carolina Attorney General Alan Wilson to see the bill enacted.

LPL Financial Supports Adoption of South Carolina Law Protecting Senior Investors and Vulnerable Adults

SAN DIEGO, July 01, 2021 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), the parent corporation LPL Financial LLC, announced today it will report second quarter financial results after the market closes on July 29. 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 5050359.

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

CHARLOTTE, N.C., July 01, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced a new feature in the firm's centrally managed advisory Model Wealth Portfolio (MWP) platform that provides advisors with ultimate flexibility to be able to combine models within a client's portfolio. Advisors can bring together models of varying risk scores and investment objectives, to create unique, diversified portfolios designed to address each client's goals and risk tolerance.

LPL Financial Rolls Out New Advisory Enhancement, Providing More Flexibility and Customization

CHARLOTTE, N.C., June 30, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that financial advisor Brandon Chase CFP®, CDFA®, CEPA has joined LPL Financial's broker-dealer, hybrid registered investment advisor (RIA) and custodial platforms. He is aligned with OSJ Global Retirement Partners (GRP) as well as HUB Retirement and Wealth Management. Chase reported having served approximately $125 million in advisory and brokerage assets*. He joins from Raymond James.

LPL Financial, HUB Retirement and Wealth Management Welcome Financial Advisor Brandon Chase

Susan Kaplan and Laila Pence Ranked in Top 15 of Barron's list of ‘Top 100 Women Advisors' Susan Kaplan and Laila Pence Ranked in Top 15 of Barron's list of ‘Top 100 Women Advisors'

Two LPL Financial Advisors Among Nation's Best Women Advisors

CHARLOTTE, N.C., June 28, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that financial advisors Steven Carlsen, CSRIC®, and Sathya Chey CFP®, CDFA®, CSRIC®, MBA, have launched a new independent practice, Arise Private Wealth, 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 $580 million in advisory, brokerage and retirement plan assets*. They join LPL from Wells Fargo Advisors.

Arise Private Wealth Launches With Support of LPL Strategic Wealth Services

SAN DIEGO, June 24, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that the retail brokerage and advisory business of M&T Bank (NYSE: MTB) has joined LPL's Institution Services platform. The business comprises ~210 financial advisors, who collectively serve ~$22 billion of brokerage and advisory assets.

M&T Bank Joins LPL Financial's Institution Services Platform

CHARLOTTE, N.C., June 24, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that Brian M. Woods Financial Services, a large enterprise supervising approximately 30 financial advisors, has joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. Collectively, the advisors reported having served approximately $1.6 billion in advisory, brokerage and retirement plan assets*. They join LPL from Voya Financial Advisors.

LPL Financial Welcomes 30 Member Team Brian M. Woods Financial Services

M&T Bank

BUFFALO, N.Y., June 23, 2021 /PRNewswire/ -- M&T Bank announces the launch of Wilmington Advisors @ M&T, a new capability providing access to enhanced financial advisory and retail brokerage services to the bank's clients.

M&T Bank Launches Access to New Capability, Wilmington Advisors @ M&T, Providing Enhanced Retail Brokerage and Advisory Services through LPL Financial

CHARLOTTE, N.C., June 23, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) today announced that the firm's proprietary investment management solution, Firm Sleeve, has surpassed $3.4 billion in assets, demonstrating the value of a personalized investment management solution. Built within LPL's centrally managed Model Wealth Portfolios (MWP) platform, Firm Sleeve delivers scalable, digital and flexible solutions for large firms, registered investment advisors (RIAs) and institutions. The solution gives them the ability to differentiate their investment management offering to attract advisors and serve clients, while reducing the amount of time spent on investment management.

LPL Financial Makes It Easier for Large Firms, Institutions and RIAs to Run Models-Based Practices

CHARLOTTE, N.C., June 21, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that financial advisor Larry Boggs has launched a new independent practice, Boggs & Company Wealth Management, through affiliation with LPL Financial's Strategic Wealth Services (SWS) model designed to support the unique needs of breakaway advisors. Boggs and his team reported having served approximately $1.3 billion in advisory, brokerage and retirement plan assets*. They join LPL from Wells Fargo Advisors.

Boggs & Company Wealth Management Launches With Support of LPL Strategic Wealth Services

Steadily rising brokerage and advisory assets balance will keep supporting LPL Financial Holdings' (LPLA) financials.

LPL Financial (LPLA) May Assets Balance Up on Solid Markets

SAN DIEGO, June 17, 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 May 2021.

LPL Financial Reports Monthly Activity for May 2021

CHARLOTTE, N.C., June 17, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that financial advisors Alicia Curtis and Jyl Barnard of Curtis Barnard Financial Services and financial professional Chris Dearing and assistant Kari Snyder of Riverfront Financial Group and have joined LPL Financial's broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. Collectively, they reported having served approximately $400 million in advisory and brokerage assets*. They join LPL from Mass Mutual.

LPL Financial Welcomes Curtis Barnard Financial Services and Riverfront Financial Group

CHARLOTTE, N.C., June 15, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that the team at the newly-minted Puzzle Wealth Solutions has joined LPL Financial's broker-dealer, hybrid registered investment advisor (RIA) and custodial platforms. They are aligned with Gladstone Wealth Partners, a large enterprise supporting LPL-affiliated advisors. The Puzzle team reported having served approximately $1.2 billion in advisory and brokerage assets*. They join LPL from UBS Financial Services.

LPL Financial and Gladstone Wealth Partners Welcome Puzzle Wealth Solutions

With approximately $36B in client assets served by 550 advisors across almost 300 credit unions, CUNA Brokerage Services, Inc. will be one of the largest clients to join the LPL Financial platform With approximately $36B in client assets served by 550 advisors across almost 300 credit unions, CUNA Brokerage Services, Inc. will be one of the largest clients to join the LPL Financial platform

LPL Financial Welcomes CUNA Brokerage Services, Inc. to Its Institution Services Platform

CHARLOTTE, N.C., June 10, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) today announced that the company has been ranked among the “Top 100 U.S. Companies Supporting Healthy Communities and Families,” an annual benchmarking report published by JUST Capital, a leading platform for measuring and improving corporate performance in the stakeholder economy.

UPDATE -- LPL Financial Ranked Among Top 100 Companies Supporting Healthy Communities and Families by JUST Capital

LPL Financial Ranked Among Top 100 Companies Supporting Healthy Communities and Families by JUST Capital

CHARLOTTE, N.C., June 09, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that financial advisors Mike Fuller and Rob Barber have joined LPL Financial's broker-dealer, hybrid (RIA) and custodial platforms, affiliating with Perennial Financial Services, an existing large enterprise serving LPL-affiliated advisors. Fuller and Barber reported having served approximately $155 million in advisory, brokerage and retirement plan assets*. They join LPL from Raymond James.

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