LPL Financial Welcomes Sound Wealth

Rhea-AI Summary

LPL Financial (Nasdaq: LPLA) announced that advisors Curt Pederson and Britt Saylor of Sound Wealth joined LPL’s broker-dealer and RIA platforms on February 12, 2026. The team brings approximately $420 million in advisory, brokerage and retirement plan assets and 40 years of combined experience.

Based in the Seattle and Phoenix areas, Sound Wealth serves high-net-worth families with complex planning needs and cited LPL’s open architecture, customizable technology and AI capabilities as key reasons for the move.

Key Figures

Sound Wealth assets: $420 million Advisor experience: 40 years LPL advisors: 32,000 advisors +3 more

6 metrics

Sound Wealth assets $420 million Approximate advisory, brokerage and retirement plan assets as of end 2024

Advisor experience 40 years Combined experience of Curt Pederson and Britt Saylor

LPL advisors 32,000 advisors Number of financial advisors supported by LPL

Institutions served 1,200 institutions Financial institutions with wealth management practices supported

Client assets $2.4 trillion Brokerage and advisory assets serviced and custodying

Clients served 8 million Americans End investors served through LPL-supported advisors

Market Reality Check

Price: $330.00 Vol: Volume 2,534,174 is about...

high vol

$330.00 Last Close

Volume Volume 2,534,174 is about 2.62x the 20-day average of 967,834, signaling elevated trading interest ahead of this announcement. high

Technical Shares at $338.67 are trading below the 200-day MA of $361.77 and about 16.08% under the 52-week high of $403.575.

Peers on Argus

LPLA fell 6.08% with elevated volume, while key peers like TW (-1.37%), FUTU (-2...

LPLA fell 6.08% with elevated volume, while key peers like TW (-1.37%), FUTU (-2.5%), EVR (-4.85%), HLI (-1.64%) and SF (-2.17%) also declined but generally less, suggesting a more stock-specific move than a uniform sector rotation.

Historical Context

5 past events · Latest: Feb 03 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 03	Advisor team addition	Positive	+2.8%	Wealth Innovations joins LPL with about $200M in client assets.
Jan 29	Earnings results	Positive	-1.1%	Strong 4Q25 and full-year 2025 metrics, including higher adjusted EPS and assets.
Jan 27	Advisor certification milestone	Positive	+1.7%	LPL announces 6,200 advisors with CFP certification and $2.3T in assets.
Jan 27	Advisor team addition	Positive	+1.7%	Moto Wealth Partners joins Linsco by LPL with about $2B in assets.
Jan 22	Advisor team addition	Positive	+2.0%	Wilson Peak Wealth Management joins with approximately $150M in assets.

Pattern Detected

Recent advisor and platform growth announcements have typically coincided with modest positive price moves, while strong earnings once saw a small negative reaction.

Recent Company History

Over the past few weeks, LPLA has highlighted multiple advisor additions and strong financial performance. On Jan 22, Wilson Peak Wealth Management joined with about $150M in assets, followed by Moto Wealth Partners on Jan 27 with about $2B. That same day, LPL celebrated 6,200 CFP-certified advisors and about $2.3T in assets. Fourth-quarter 2025 results on Jan 29 showed adjusted EPS of $5.23 and assets of $2.4T. Another advisor team, Wealth Innovations, joined on Feb 3 with approximately $200M in assets, reinforcing a steady advisor recruitment trend.

Market Pulse Summary

This announcement highlights continued advisor recruitment momentum for LPL, with Sound Wealth addin...

Analysis

This announcement highlights continued advisor recruitment momentum for LPL, with Sound Wealth adding approximately $420M in client assets and focusing on complex planning for high-net-worth families and business owners. It reinforces LPL’s broader scale of about $2.4T in assets, support for over 32,000 advisors, and its emphasis on technology, including AI. In evaluating this news, investors may watch how ongoing team additions contribute to asset growth, earnings trends, and advisor productivity over time.

Key Terms

registered investment advisor (ria), broker-dealer, high-net-worth, liquidity events, +1 more

5 terms

registered investment advisor (ria) regulatory

"have 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.

broker-dealer regulatory

"have 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.

high-net-worth financial

"The team serves high-net-worth individuals, families and multigenerational households"

An individual described as high-net-worth owns a substantial amount of investable assets beyond everyday savings, typically enough to support higher-risk or customized financial strategies. For investors, this matters because high-net-worth individuals often get access to exclusive products, tailored advice and larger market-moving transactions — think of them as customers with a bigger toolbox and keys to doors that standard retail investors can’t usually open.

liquidity events financial

"including inheritance planning, liquidity events, legacy and philanthropic strategies"

A liquidity event is an action that converts ownership in a business or an asset into cash or publicly tradable shares, such as a sale, merger, or initial public offering. Investors care because it’s the moment holders can actually realize the value of their stake—similar to selling a house to access the money tied up in it—and the price and timing of that event determine how much and when they get paid.

401(k) plans regulatory

"on employee benefits, including 401(k) plans and specialized business planning strategies."

Employer-sponsored retirement savings accounts that let workers set aside part of their pay into investment choices, sometimes with matching contributions from the employer; money can be contributed before taxes or after taxes depending on the plan type. Think of it as a dedicated, long-term piggy bank that grows through investments and occasional employer top-ups—important to investors because 401(k) funds represent a large, steady source of capital in the market and influence consumer savings, retirement security, and long-term stock demand.

AI-generated analysis. Not financial advice.

SAN DIEGO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Curt Pederson and Britt Saylor of Sound Wealth have joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. They reported serving approximately $420 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise.

Pederson and Saylor have 40 years of experience combined and are based in the Seattle and Phoenix areas. The team serves high-net-worth individuals, families and multigenerational households with complex financial planning needs, including inheritance planning, liquidity events, legacy and philanthropic strategies, and advanced executive compensation planning. The team also provides guidance to small business owners on employee benefits, including 401(k) plans and specialized business planning strategies.

“At Sound Wealth, our relationships with clients are deeply personal,” said Saylor. “We take the time to truly understand each family’s goals, values and the emotional context behind their financial decisions. By blending advanced financial planning with genuine emotional intelligence, we’re able to provide a human-centered advisory experience that delivers clarity, confidence and warmth at every step.”

Why Sound Wealth Chose LPL

Pederson and Saylor sought a partner, ultimately LPL, that would support their highly customized, high touch service model. They also noted LPL’s open architecture, customizable technology and commitment to innovation — including AI advancements and expanded investment solutions — as key drivers in the decision.

“LPL offers independence, flexibility and advanced technology that allows us to tailor strategies uniquely for each client,” said Pederson. “We were impressed by LPL’s leadership in technology and AI, the ability to choose from multiple planning tools and the genuine support we felt throughout the transition. LPL made us feel like a priority.”

Scott Posner, managing director of business development at LPL, said, “We are pleased to welcome Curt and Britt to LPL. Their deeply personalized approach aligns with LPL’s commitment to empowering advisors with the freedom, tools and technology to run thriving practices. We look forward to supporting Sound Wealth for years to come.”

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. Sound Wealth 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 #1063126

FAQ

What did LPL announce about Sound Wealth on February 12, 2026 (LPLA)?

LPL announced that advisors Curt Pederson and Britt Saylor of Sound Wealth joined LPL’s broker-dealer and RIA platforms. According to the company, the team brings approximately $420 million in client assets and 40 years of combined advisory experience.

How much client assets did Sound Wealth bring to LPL (LPLA) in the February 2026 move?

Sound Wealth reported bringing about $420 million in advisory, brokerage and retirement plan assets to LPL. According to the company, that figure is an approximation based on asset and holding details provided to LPL from end of year 2024.

Why did Curt Pederson and Britt Saylor choose LPL Financial (LPLA)?

They cited LPL’s open architecture, customizable technology and AI advancements as key reasons for choosing LPL. According to the company, advisors sought a partner supporting a highly customized, high-touch service model and flexible planning tools.

Where are the Sound Wealth advisors based and what clients do they serve after joining LPL (LPLA)?

Pederson and Saylor are based in the Seattle and Phoenix areas and serve high-net-worth individuals, families and multigenerational households. According to the company, their services include inheritance, liquidity event and advanced executive compensation planning.

Did LPL describe how it will support Sound Wealth after the transition (LPLA)?

LPL said it will support Sound Wealth with its technology, investment solutions and advisor tools to enable personalized client strategies. According to the company, the move reflects LPL’s focus on empowering advisors with flexibility and advanced fintech capabilities.

How large is LPL Financial’s advisor network and assets under custody (LPLA) referenced in the announcement?

LPL reported supporting over 32,000 financial advisors and custodying approximately $2.4 trillion in brokerage and advisory assets. According to the company, these figures describe its advisor-mediated marketplace scale and custody footprint.