LPL Financial Welcomes Shoreline Private Wealth Management

Rhea-AI Summary

LPL Financial (Nasdaq: LPLA) announced that Jason Mochi of Shoreline Private Wealth Management joined LPL’s broker-dealer and RIA platforms effective Feb. 17, 2026. Mochi brings over 30 years of experience and approximately $275 million in advisory, brokerage and retirement plan assets, joining from Morgan Stanley.

The Shoreline team, including Client Relationship Manager Janet Waller, cited LPL’s scale, platform strength, technology and independence as reasons for the move. LPL services over 32,000 advisors and custodians approximately $2.4 trillion in assets.

Key Figures

Shoreline client assets: $275 million Advisor experience: Over 30 years LPL advisors: Over 32,000 +5 more

8 metrics

Shoreline client assets $275 million Advisory, brokerage and retirement plan assets as of end 2024

Advisor experience Over 30 years Industry experience of advisor Jason Mochi

LPL advisors Over 32,000 Financial advisors supported by LPL in the U.S.

Institutions served Approximately 1,200 Wealth management practices of financial institutions supported

Client assets Approximately $2.4 trillion Brokerage and advisory assets serviced and custodied by LPL

Clients served Approximately 8 million Americans served through LPL’s platform

Current share price $334.70 Pre-news market context for LPLA

52-week range $262.83–$403.58 Reported 52-week low and high for LPLA

Market Reality Check

Price: $322.19 Vol: Volume 1,451,721 is 32% a...

normal vol

$322.19 Last Close

Volume Volume 1,451,721 is 32% above the 20-day average of 1,100,846. normal

Technical Price 334.70 is trading below the 200-day MA at 361.92 and about 17% under the 52-week high.

Peers on Argus

Peers show mixed, mostly modest moves (e.g., TW -2.58%, EVR +0.21%, SF -0.60%) w...

Peers show mixed, mostly modest moves (e.g., TW -2.58%, EVR +0.21%, SF -0.60%) with no names in the momentum scanner, suggesting today’s LPLA action is more company-specific than sector-driven.

Historical Context

5 past events · Latest: Feb 12 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 12	Advisor team hire	Positive	-2.6%	Sound Wealth joined LPL with about $420M in client assets.
Feb 03	Advisor team hire	Positive	+2.8%	Wealth Innovations joined LPL with roughly $200M in client assets.
Jan 29	Earnings results	Positive	-1.1%	4Q25 adjusted EPS rose 23% with strong asset and profit growth.
Jan 27	Advisor milestone	Positive	+1.7%	Reported 6,200 CFP-certified advisors and $2.3T in client assets.
Jan 27	Advisor team hire	Positive	+1.7%	Moto Wealth Partners joined Linsco by LPL with $2B in assets.

Pattern Detected

LPLA frequently announces advisor additions and platform milestones; market reactions have been mixed, with both aligned and divergent moves around generally positive news.

Recent Company History

Over recent months, LPL has repeatedly highlighted growth in advisors and client assets. Advisor additions such as Sound Wealth ($420M assets) and Moto Wealth Partners ($2B assets) complement strong 4Q25 results with adjusted EPS of $5.23 and total assets of $2.4T. Milestones like 6,200 CFP-certified advisors and over 32,000 total advisors reinforce a scale and quality narrative. Today’s Shoreline announcement adds another wealth team to this ongoing expansion trajectory.

Market Pulse Summary

This announcement adds Shoreline Private Wealth Management, with about $275 million in client assets...

Analysis

This announcement adds Shoreline Private Wealth Management, with about $275 million in client assets, to LPL’s broker-dealer and RIA platforms, reinforcing its strategy of attracting experienced advisors. It sits within a broader backdrop of scale, including approximately $2.4 trillion in assets and over 32,000 advisors. Investors may track the pace and size of additional team wins alongside future earnings to gauge how effectively these recruitments translate into sustained asset and profit growth.

Key Terms

broker-dealer, registered investment advisor (ria), finra/sipc

3 terms

broker-dealer financial

"has joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

registered investment advisor (ria) regulatory

"has joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform"

A registered investment advisor (RIA) is a person or firm legally registered with regulators to provide investment advice and manage client portfolios for a fee. RIAs must put clients’ interests ahead of their own — a legal duty that helps reduce undisclosed conflicts, like a mechanic who must recommend only necessary repairs. Investors pay attention because an RIA’s fee model and duty of loyalty influence costs, trust, and how investment choices are made.

finra/sipc regulatory

"Member FINRA/SIPC. Shoreline Private Wealth Management and LPL Financial are separate entities."

FINRA is the self-regulatory agency that oversees brokerage firms and brokers, enforcing rules and handling disputes to help keep markets fair; SIPC is a nonprofit that acts like a limited insurance safety net, protecting customers' cash and securities if a broker-dealer fails. Investors care because FINRA aims to prevent misconduct and resolve complaints, while SIPC helps recover missing assets, giving investors greater trust that their holdings are monitored and have a backstop.

AI-generated analysis. Not financial advice.

SAN DIEGO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Jason Mochi of Shoreline Private Wealth Management has joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. They reported serving approximately $275 million in advisory, brokerage and retirement plan assets* and join LPL from Morgan Stanley.

Based in Santa Barbara, Calif., Mochi brings over 30 years of industry experience and serves a clientele of high-net-worth individuals, primarily those nearing or in retirement. His approach is rooted in listening, disciplined strategy and independent judgment, delivering wealth management aligned with clients’ long-term goals and best interests.

“Shoreline offers a white glove, boutique, family focused office experience, built on personal attention and long-term relationships rather than transactional interactions,” said Mochi. “We emphasize clarity, comprehensive planning, and an environment where independence keeps the client’s best interest at the center of every decision.”

Why Shoreline Private Wealth Management Chose LPL

The Shoreline team — which also includes Client Relationship Manager Janet Waller — selected LPL for its scale, platform strength, and support for a high touch, client first service model.

“With independence as the foundation, I chose LPL for its scale and platform because it enables us to deliver customized advice and a high touch client experience without compromise,” said Mochi. “By becoming independent, we are sharpening our focus on what matters most — our clients. Every decision we make is guided by our responsibility to act in our clients’ best interests. Technology and independence give us the freedom to choose best-in-class tools that elevate advice and deepen personalization.”

Scott Posner, managing director of business development at LPL, said, “We are excited to welcome Jason to LPL. His commitment to independence, personalization and delivering a top-notch client experience aligns with LPL’s mission to equip advisors with the innovative technology and comprehensive business solutions they need to grow and differentiate their practices. We look forward to supporting Shoreline as they embark on this next chapter.”

Related

Advisors, learn how LPL Financial can help take your business to the next level.

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 over 32,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $2.4 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC. Shoreline Private Wealth Management and LPL Financial are separate entities.

*Value approximated based on asset and holding details provided to LPL from end of year, 2024.

Media Contact:
Media.relations@LPLFinancial.com

Tracking #1064451

FAQ

Who joined LPL Financial (LPLA) on Feb. 17, 2026 and what assets did they bring?

Jason Mochi of Shoreline Private Wealth Management joined LPL and brought approximately $275 million in client assets. According to the company, those assets include advisory, brokerage and retirement plan holdings and reflect year-end 2024 data provided to LPL.

Why did Shoreline Private Wealth Management choose LPL Financial (LPLA)?

Shoreline selected LPL for scale, platform strength, and technology that support a high-touch model. According to the company, independence and best-in-class tools enable customized advice and a client-first service approach.

What is Jason Mochi’s experience and client focus at LPL Financial (LPLA)?

Mochi has over 30 years of industry experience and serves high-net-worth clients nearing or in retirement. According to the company, his approach emphasizes disciplined strategy, clarity, and long-term relationship management.

Which Shoreline team member joined LPL Financial (LPLA) with Jason Mochi?

Client Relationship Manager Janet Waller is part of the Shoreline team joining LPL alongside Mochi. According to the company, the team intends to maintain a boutique, family-focused client experience within LPL’s platform.

How does the Shoreline move align with LPL Financial’s (LPLA) business scale?

The move adds a boutique team to LPL’s advisor network, which supports over 32,000 advisors. According to the company, LPL custodians approximately $2.4 trillion in brokerage and advisory assets for about 8 million clients.