Lpl Financial Stock Price, News & Analysis

LPL Financial (NASDAQ:LPLA), one of the fastest-growing U.S. wealth management firms, concluded its Focus 2025 conference with the launch of a new brand platform centered on the question "What if you could?" The event featured presentations from key executives and a surprise appearance by actress Anna Kendrick, who stars in the company's new brand campaign.

The conference highlighted significant operational enhancements in trade processing, asset handling, and proposal tools. LPL currently supports over 29,000 financial advisors and approximately 1,100 financial institutions, managing about $1.9 trillion in brokerage and advisory assets for approximately 7 million Americans.

LPL Financial (NASDAQ:LPLA) hosted its annual Focus 2025 conference in San Diego, drawing over 10,000 attendees including 6,000 financial advisors. CEO Rich Steinmeier and the executive team unveiled significant technological and wealth management innovations.

Key announcements include a $50 million investment in an AI-powered compensation platform, expanded AI advisor solutions saving 72,000 platform hours, and enhanced wealth management offerings. The firm introduced Alts Connect platform, planned launch of in-house securities-backed lending for 2026, and expanded SMA offerings managing $85B in assets.

LPL Financial currently supports over 29,000 financial advisors and approximately 1,100 financial institutions, with $1.9 trillion in brokerage and advisory assets under management serving approximately 7 million Americans.

LPL Financial (NASDAQ:LPLA), a leading wealth management firm, launched Focus 2025, its largest annual conference to date, welcoming over 10,000 financial professionals at the San Diego Convention Center. The three-day event features 220 breakout sessions and an expo hall with 130+ partners.

The conference theme "What If You Could?" aims to help advisors reimagine their practice potential. Notably, the event includes advisors from Commonwealth Financial Network, LPL's new subsidiary. LPL currently supports 29,000 financial advisors and approximately 1,100 financial institutions, managing about $1.9 trillion in brokerage and advisory assets for approximately 7 million Americans.

LPL Financial (NASDAQ:LPLA) announced that Coastal Wealth Management Group has joined Financial Resources Group Investment Services, transitioning from Osaic with approximately $175 million in assets. The Ocean Springs, Mississippi-based team includes Lloyd Baxter, George Cumbest, Darryl Meadows, and Timothy Taranto.

The team chose LPL for its enhanced technology platform, robust resources, and strong acquisition footprint. Coastal Wealth Management Group specializes in serving business owners, pre-retirees, and retirees, with plans to expand into the music industry and college athlete markets. LPL Financial currently supports over 29,000 financial advisors and approximately 1,100 financial institutions, managing about $1.9 trillion in assets for approximately 7 million Americans.

LPL Financial (NASDAQ:LPLA), one of the fastest-growing U.S. wealth management firms, has appointed Emily Field as Group Managing Director and Chief People Officer. Field, a former McKinsey & Company partner, joins LPL's Management Committee to lead the Human Resources function for over 9,000 employees.

Field brings extensive experience in organizational performance and workforce transformation from her roles at McKinsey and Accenture. At LPL, she will oversee Talent Management, Total Rewards, Learning, Culture and Engagement, and HR Business Partners departments. The firm currently supports over 29,000 financial advisors and approximately 1,100 financial institutions, managing about $1.9 trillion in brokerage and advisory assets.

LPL Financial (NASDAQ: LPLA) has successfully completed its acquisition of Commonwealth Financial Network, a wealth management firm with approximately 3,000 advisors managing $305 billion in assets. Commonwealth's CEO Wayne Bloom joins LPL's management committee while retaining his current role, ensuring continuity in Commonwealth's operations.

The integration maintains Commonwealth's brand identity and service model, which recently earned its 12th consecutive #1 ranking in Independent Advisor Satisfaction by J.D. Power. LPL projects a 90% advisor retention rate, with the complete platform integration expected by Q4 2026. The combined entity strengthens LPL's position as a leading wealth management firm, currently supporting over 29,000 financial advisors and managing approximately $1.9 trillion in brokerage and advisory assets.

LPL Financial (NASDAQ:LPLA) reported strong Q2 2025 financial results with net income of $273 million and diluted EPS of $3.40, up 5% year-over-year. The company achieved significant growth with total advisory and brokerage assets increasing 28% to $1.9 trillion.

Key highlights include adjusted EPS growth of 16% to $4.51, gross profit increase of 21% to $1.3 billion, and organic net new assets of $21 billion. The company announced the completion of Atria's conversion to LPL's platform and expects to close the Commonwealth acquisition, which manages approximately $305 billion in assets, on August 1, 2025.

LPL also received a BBB investment grade rating from Fitch and declared a quarterly dividend of $0.30 per share. The company lowered its 2025 Core G&A outlook while adjusting for Commonwealth acquisition costs.

LPL Financial (NASDAQ:LPLA) has announced that ProsperLane Financial, a mother-son team managing approximately $250 million in assets, has joined LPL's broker-dealer and RIA platform. The team consists of Sheri Johnston, CFP® (formerly with Edward Jones) and Jason Hotzler (previously with Thrivent Investment Management), who together bring over 25 years of experience.

Based near Minneapolis, ProsperLane Financial specializes in serving young professionals, small businesses, and family-run firms. The team chose LPL for its enhanced technology offerings and succession planning support. LPL Financial currently supports over 29,000 financial advisors and approximately 1,200 financial institutions, with approximately $1.8 trillion in brokerage and advisory assets under management.

LPL Financial (NASDAQ:LPLA) has announced that financial advisors Jared Black and Richard Brokaw have joined their employee advisor channel, Linsco by LPL Financial, to launch Wyoming Asset Advisors. The team, transitioning from Wells Fargo Advisors, brings approximately $400 million in advisory, brokerage and retirement plan assets under management.

Based in Cheyenne, Wyoming, the advisors bring over 65 years of combined experience and have worked together for more than three decades. The move to LPL's Linsco platform provides them with greater autonomy, flexibility, and access to LPL's integrated wealth management platform while maintaining ownership of their client relationships.

LPL Financial currently supports over 29,000 financial advisors and approximately 1,200 financial institutions, with approximately $1.8 trillion in brokerage and advisory assets under custody and servicing around 7 million Americans.