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., April  15, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm (RIA) and independent broker-dealer, today announced that Judy Ricketts has joined the firm as executive vice president, Operations, effective April 13. In this role, Ricketts leads the firm’s strategy to optimize the effectiveness of the firm’s Operations organization to deliver a differentiated service experience to LPL advisors and institutions and their clients. She is based at the firm’s Carolinas campus and reports to Dayton Semerjian, LPL chief customer care officer and managing director, Service, Trading, and Operations.

LPL Financial Hires Judy Ricketts to Lead Operations

CHARLOTTE, N.C., April  14, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Peter DeSantis CFP® has joined LPL Financial’s broker-dealer, corporate registered investment advisor (RIA) and custodian platforms. He reported having served approximately $100 million in brokerage and advisory assets*. He joins from Cetera Advisor Networks.

LPL Financial Welcomes Financial Advisor Peter DeSantis

CHARLOTTE, N.C., April  07, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that Blyth & Associates Financial Services has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. The team reported having served approximately $350 million in brokerage and advisory assets*. They join from Securities America.

LPL FINANCIAL WELCOMES BLYTH & ASSOCIATES FINANCIAL SERVICES

CHARLOTTE, N.C., April  06, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm (RIA) and independent broker-dealer, today announced that Aneri Jambusaria CFP® has joined the firm as executive vice president, Strategy, effective April 6. Her role focuses on shaping LPL’s forward-looking, enterprise-level business strategies to drive growth for the firm and its independent financial advisors and professionals. She reports to Rich Steinmeier, LPL managing director, Business Development, and is based at the firm’s San Diego office.

LPL FINANCIAL HIRES NEW EVP FOCUSED ON STRATEGY

CHARLOTTE, N.C., March  24, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Shawn Walton, Debbie Hawksworth and Richard Coloni have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. The three advisors have teamed up to form a new office of Synergy Wealth Alliance, an existing LPL firm. The financial advisors reported having collectively served approximately $100 million in brokerage and advisory assets*. They join from Cambridge Investment Research, Edward Jones and Cetera Advisors, respectively. 

LPL FINANCIAL, SYNERGY WEALTH ALLIANCE WELCOME THREE FINANCIAL ADVISORS

CHARLOTTE, N.C., March  18, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm (RIA) and independent broker-dealer, recognizes 19 affiliated financial advisors ranked among Barron’s 2020 Top 1,200 Financial Advisors in America.

19 LPL FINANCIAL ADVISORS RANKED ON BARRON’S LIST OF TOP FINANCIAL ADVISORS IN AMERICA

CHARLOTTE, N.C., March  17, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Lyle Weintraub CFP® has joined LPL’s broker-dealer and hybrid registered investment advisor platforms through its affiliation with Bleakley Financial Group. The Bleakley team is aligned to LPL through Private Advisor Group, an Office of Supervisory Jurisdiction delivering service and support to advisors affiliated with LPL’s corporate and hybrid RIA platforms. Weintraub reported having served approximately $180 million in brokerage and advisory assets*. He joins from Northwestern Mutual Investment Services.

LPL FINANCIAL, BLEAKLEY FINANCIAL GROUP WELCOME FINANCIAL ADVISOR LYLE WEINTRAUB

LPL Financial's (LPLA) February 2020 total brokerage and advisory assets decline 4% from the previous month due to lower equity markets.

LPL Financial February Assets Decline on Lower Equity Markets

CHARLOTTE, N.C., March  11, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that the firm was recognized as a 2020 Technology Innovation Award winner by Bank Insurance and Securities Association’s (BISA) for its delivery of ClientWorks Connected. The ClientWorks Connected platform within LPL’s technology ecosystem features integrated workflows that increase efficiency and create a better experience for advisors in their support of day-to-day client management.

LPL Financial Awarded for Its Technology Innovation

SAN DIEGO, March  10, 2020  (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker-dealer  LPL Financial  LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. ( Nasdaq: LPLA ), today released its monthly activity report for February 2020.

LPL FINANCIAL REPORTS MONTHLY ACTIVITY FOR FEBRUARY 2020

CHARLOTTE, N.C., March  10, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that SilverRock Wealth Partners has joined LPL Financial’s broker-dealer, aligning with Independent Advisor Alliance (IAA), an enterprise registered investment advisor (RIA) firm offering support and services to advisors leveraging LPL Financial’s platform. The advisors reported having served approximately $150 million in brokerage and advisory assets*. They join from Spire Securities and used TD Ameritrade as their custodian.

LPL FINANCIAL AND INDEPENDENT ADVISOR ALLIANCE WELCOME SILVERROCK WEALTH PARTNERS

CHARLOTTE, N.C., March  05, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Patrick Cloutier and Matthew Gournay CFP® of Legacy Planning Group have joined LPL’s broker-dealer and corporate registered investment advisor platforms. They reported having served approximately $130 million in brokerage and advisory assets*. They join from Woodbury Financial Services, part of the Advisor Group network of broker-dealers.

LPL Financial Welcomes Legacy Planning Group

The LPL Financial affiliate earned the friendliest title for their specialized services that deliver support to advisors The LPL Financial affiliate earned the friendliest title for their specialized services that deliver support to advisors

The Private Trust Company Named Among 2020 Most Advisor-Friendly Trust Companies

CHARLOTTE, N.C., March  02, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that Global Advisor Group has joined LPL Financial’s broker-dealer and hybrid registered investment advisor (RIA) platforms, aligning with Private Advisor Group, LPL’s largest third party provider of supervisory responsibilities and one of the fastest growing RIAs in the nation. The Global Advisor Group reports having served approximately $610 million in brokerage and advisory assets*. They join from Raymond James Financial Services.

LPL Financial and Private Advisor Group Welcome Global Advisor Group

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CHARLOTTE, N.C., Feb.  26, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that two LPL attorneys have been named 2020 Fellows of the Leadership Council on Legal Diversity (LCLD), furthering LPL Financial’s commitment to nurturing an inclusive work environment and developing the next generation of leaders. Gina Gombar and Carla Sanderson, both members of the firm’s Legal department, were selected to join the select group of experienced attorneys from diverse backgrounds.

Two LPL Financial Attorneys Join Effort to Increase Diversity, Inclusion in Legal Profession

Rise in brokerage and advisory assets is likely to boost LPL Financial's (LPLA) revenues going forward.

LPL Financial (LPLA) January Brokerage & Advisory Assets Up

SAN DIEGO, Feb.  24, 2020  (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker-dealer  LPL Financial  LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. ( Nasdaq: LPLA ), today released its monthly activity report for January 2020.

LPL Financial Reports Monthly Activity for January 2020

CHARLOTTE, N.C., Feb.  20, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisors Jim M. Freisen CFP®, CPA and Jordan Celkupa CFP® have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. They reported having served approximately $155 million in brokerage and advisory assets*. They join from Sagepoint Financial, part of the Advisor Group network of broker-dealers.

LPL Financial Welcomes Triton Financial Planning Group

Current director James Riepe will not seek reelection at the 2020 annual meeting Current director James Riepe will not seek reelection at the 2020 annual meeting

Edward Bernard Nominated for Election to LPL Financial Board of Directors

CHARLOTTE, N.C., Feb.  19, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm (RIA) and independent broker-dealer, today announced a new milestone in the delivery of an end-to-end integrated technology platform. Through continued efforts to deliver seamless data sharing and an improved user experience within ClientWorks, LPL has integrated its account opening tool and the award-winning AdvisoryWorld proposal generation tool, making it even easier for advisors to move through the process of turning prospects into clients.

LPL Financial Enhances ClientWorks Connected Through Integration of AdvisoryWorld and New Account Opening Tools

CHARLOTTE, N.C., Feb.  18, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm (RIA) and independent broker-dealer, today announced that Tarik Eldin and Mike Hastings with SCU Investment Services at Sacramento Credit Union have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. They reported having served approximately $200 million in assets under management*. They join from Cetera Financial Services.

LPL Financial Welcomes SCU Investment Services

CHARLOTTE, N.C., Feb.  12, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Ed Gormley CFP® CPA has returned to LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. He reported having served approximately $140 million in brokerage, advisory and retirement plan assets*. He joins from Securities Service Network.

LPL Financial Welcomes Susquehanna Financial Advisors

CHARLOTTE, N.C., Feb.  11, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that Synergy Wealth Alliance, including Office of Supervisory Jurisdiction (OSJ) manager and financial advisor Christopher Bordner and a team of 15 financial advisors, have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. They reported having served approximately $650 million in brokerage and advisory assets*. They join from Cetera Financial Group.

LPL Financial Welcomes Synergy Wealth Alliance

CHARLOTTE, N.C., Feb.  05, 2020  (GLOBE NEWSWIRE) --  LPL Financial LLC , a leading retail investment advisory firm and independent broker-dealer, today announced that father and son financial advisors Jim Wallisch CFP® AIF® and Andrew Wallisch have joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms. They reported having served approximately $325 million in brokerage and advisory assets and an additional $60 million in 401K assets*. They join from Raymond James Financial Services.

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