LPL Financial Welcomes Buell Wealth Management
Rhea-AI Summary
LPL Financial (Nasdaq: LPLA) announced that the financial advisors of Buell Wealth Management, previously with Buell Securities Corporation, have joined LPL’s broker-dealer and RIA platform. The Glastonbury, Connecticut-based team reported serving approximately $370 million in advisory, brokerage and retirement plan assets* as of end 2025.
Buell Wealth Management is led by CEO Chris Berris, who has over 40 years of industry experience. Its five advisors, with 187 years of combined tenure, serve high-net-worth individuals, retirees and business owners across 21 states. They chose LPL for its technology, compliance and back-office support, aiming to streamline operations and focus more on client service. LPL highlighted Buell’s century-long legacy and emphasized its own scale of more than 32,000 advisors and about $2.3 trillion in client assets.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 09 | earnings date notice | Neutral | +1.8% | Set timing for second quarter 2026 results and conference call. |
| Jul 09 | advisor satisfaction ranking | Positive | +3.5% | Recognition in JD Power 2026 study highlighted strong advisor satisfaction rankings. |
| Jul 08 | advisor recruitment | Positive | -2.2% | Cypress Point Wealth Partners joined LPL’s independent advisor network. |
| Jul 07 | midyear outlook report | Neutral | +0.9% | LPL Research released its Midyear Outlook 2026 on policy and markets. |
| Jul 07 | advisor recruitment | Positive | +0.9% | Advisor David Logsdon and his firm joined LPL’s broker-dealer and RIA platform. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent advisor additions and brand-strength headlines have generally aligned with positive stock moves, with one notable divergence on a prior advisor recruitment release.
Key Terms
broker-dealer regulatory
registered investment advisor regulatory
ria regulatory
high-net-worth financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN DIEGO, July 15, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the financial advisors of Buell Wealth Management have joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. The team reported serving approximately
Based in Glastonbury, Conn., Buell Wealth Management is led by Chief Executive Officer Chris Berris, who has more than 40 years of industry experience and has served in his leadership role since 1997. His former advisory practice, Buell Securities Corporation, had deep roots dating back to 1921. The five advisors of Buell Wealth Management have 187 years of combined experience and an average of 37 years in the industry.
They have now made the move to join LPL under Buell Wealth Management, where they will continue to serve a diverse client base that includes high-net-worth individuals, retirees and business owners across 21 states.
The practice operates with a collaborative team model, drawing on the group’s extensive tenure and varied experience — including backgrounds at major wirehouses — to provide insights across market sectors and evolving economic conditions. Advisors regularly share knowledge and perspectives to help ensure clients receive comprehensive, well-informed guidance.
“Our approach has always been rooted in listening first and building relationships that last over time,” Berris said. “We take the time to understand each client’s full financial picture and provide personalized guidance that evolves with their needs, helping them work toward their goals with confidence.”
Why Buell Wealth Management Chose LPL
Buell Wealth Management selected LPL for its robust operational infrastructure, enhanced capabilities and comprehensive support model.
“We’ve spent several years evaluating the right long-term solution for our business and our clients,” Berris said. “LPL offers the services, technology and operational support we need to help streamline our business and focus more of our time and energy on serving clients. With LPL handling areas like compliance and back-office operations, we’re well positioned to continue delivering the high level of service our clients expect.”
LPL Chief Growth Officer Marc Cohen said, “We are pleased to welcome Buell Wealth Management to LPL. With a legacy spanning more than a century and a team defined by deep experience and long-standing client relationships, they bring a strong commitment to delivering personalized guidance and multigenerational planning. We look forward to supporting their continued growth with the flexibility, resources and support they need to serve their clients and evolve their business.”
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About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC. Buell Wealth Management and LPL Financial are separate entities.
Throughout this communication, the terms "financial advisors" and "advisors" are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.
We routinely disclose information that may be important to shareholders in the "Investor Relations" or "Press Releases" section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2025.
Media Contact:
Media.relations@LPLFinancial.com
Tracking #1137463
