LPL Financial Welcomes Tennant Financial
LPL Financial (NASDAQ:LPLA) has announced that Tennant Financial has joined its broker-dealer and RIA platform, transitioning from Northwestern Mutual with approximately $1.3 billion in assets. The Ballston Lake, NY-based team, led by Steven Tennant, Jeremy Berry, and Ryan Wade, brings 75 years of combined experience serving high-net-worth families, corporate executives, and medical professionals.
The team, which includes 10 professionals, chose LPL for its independence, technological capabilities, and integrated platform. Tennant Financial specializes in providing comprehensive financial services, including retirement planning, investments, tax strategies, and charitable giving, effectively serving as a personal CFO for their clients.
LPL Financial (NASDAQ:LPLA) ha comunicato che Tennant Financial è entrata nella sua piattaforma di broker-dealer e RIA, procedente da Northwestern Mutual con circa 1,3 miliardi di dollari in asset. Il team di Ballston Lake, NY, guidato da Steven Tennant, Jeremy Berry e Ryan Wade, vanta complessivamente 75 anni di esperienza nel servire famiglie ad alto patrimonio, dirigenti aziendali e professionisti medici.
Il gruppo, che comprende 10 professionisti, ha scelto LPL per la sua indipendenza, le capacità tecnologiche e la piattaforma integrata. Tennant Financial si specializza nell'offrire servizi finanziari completi, inclusa la pianificazione della pensione, investimenti, strategie fiscali e donazioni benefiche, agendo di fatto come un CFO personale per i propri clienti.
LPL Financial (NASDAQ:LPLA) ha anunciado que Tennant Financial se ha integrado a su plataforma de broker-dealer y RIA, procedente de Northwestern Mutual con aproximadamente 1,3 mil millones de dólares en activos. El equipo con sede en Ballston Lake, NY, dirigido por Steven Tennant, Jeremy Berry y Ryan Wade, suma 75 años de experiencia combinada en atender a familias de alto patrimonio, ejecutivos corporativos y profesionales médicos.
El equipo, que agrupa a 10 profesionales, eligió LPL por su independencia, capacidades tecnológicas y plataforma integrada. Tennant Financial se especializa en ofrecer servicios financieros integrales, incluyendo planificación de la jubilación, inversiones, estrategias fiscales y donaciones caritativas, desempeñándose efectivamente como un CFO personal para sus clientes.
LPL Financial (NASDAQ:LPLA)이 Tennant Financial이 Northwestern Mutual에서 약 13억 달러 자산을 포함하는 중개-딜러 및 RIA 플랫폼으로 합류했다고 발표했습니다. 스티븐 Tennant, 제러미 베리, 라이언 웨이드가 이끄는 Ballston Lake, NY에 기반한 팀은 고액자산가 가족, 기업 임원, 의료 전문가를 대상으로 75년의 누적 경력을 보유하고 있습니다.
10명의 전문가가 소속된 이 팀은 독립성, 기술 역량 및 통합 플랫폼을 이유로 LPL을 선택했습니다. Tennant Financial은 은퇴 계획, 투자, 세금 전략, 자선 기부를 포함한 포괄적 금융 서비스를 제공하며 고객의 개인 CFO 역할을 효과적으로 수행합니다.
LPL Financial (NASDAQ:LPLA) a annoncé que Tennant Financial a rejoint sa plateforme de broker-dealer et de RIA, passant de Northwestern Mutual avec environ 1,3 milliard de dollars d’actifs. L’équipe basée à Ballston Lake (New York), dirigée par Steven Tennant, Jeremy Berry et Ryan Wade, cumule 75 ans d’expérience au service de familles fortunées, de cadres d’entreprises et de professionnels de la santé.
Composée de 10 professionnels, l’équipe a choisi LPL pour son indépendance, ses capacités technologiques et sa plateforme intégrée. Tennant Financial se spécialise dans des services financiers complets, y compris la planification de la retraite, les investissements, les stratégies fiscales et la donation caritative, agissant comme un CFO personnel pour ses clients.
LPL Financial (NASDAQ:LPLA) hat bekannt gegeben, dass Tennant Financial seiner Plattform für Broker-Dealer und RIA beigetreten ist und damit von Northwestern Mutual stammt, mit rund 1,3 Milliarden Dollar Vermögen. Das in Ballston Lake, New York, ansässige Team unter der Leitung von Steven Tennant, Jeremy Berry und Ryan Wade verfügt über insgesamt 75 Jahre gemeinsame Erfahrung in der Betreuung von vermögenden Familien, Führungskräften und medizinischen Fachkräften.
Das Team, zu dem 10 Fachkräfte gehören, wählte LPL aufgrund seiner Unabhängigkeit, technologischen Fähigkeiten und der integrierten Plattform. Tennant Financial bietet umfassende Finanzdienstleistungen an, einschließlich Ruhestandsplanung, Investitionen, Steuerstrategien und Spenden, und fungiert effektiv als persönlicher CFO seiner Kunden.
LPL Financial (NASDAQ:LPLA) أعلنت أن Tennant Financial انضم إلى منصتها للوسطاء والـRIA، قادماً من Northwestern Mutual وبإجمالي نحو 1.3 مليار دولار من الأصول. الفريق المقيم في Ballston Lake، نيويورك، بقيادة ستيفن تينانت وجيريمي بيري ورايان وايد، يضم 75 عامًا من الخبرة في خدمة العائلات ذات الثروات العالية والمديرين التنفيذيين في الشركات والمهنيين الطبيين.
يضم الفريق 10 محترفين، اختاروا LPL بسبب استقلاليتها، وقدراتها التكنولوجية ومنصتها المتكاملة. Tennant Financial تختص بتقديم خدمات مالية شاملة، بما في ذلك التخطيط للتقاعد، الاستثمار، استراتيجيات الضرائب والتبرعات الخيرية، وتؤدي دور مدير الشؤون المالية الشخصي لعملائها.
LPL Financial (NASDAQ:LPLA)宣布，Tennant Financial已加入其经纪-自营商与RIA平台，系从 Northwestern Mutual 转入，资产规模约为13亿美元。该团队位于纽约州 Ballston Lake，由 Steven Tennant、Jeremy Berry 和 Ryan Wade 领导，合计拥有75年的为高净值家族、企业高管和医疗专业人士服务的经验。
该团队共有10名专业人员，选择 LPL 的原因在于其独立性、技术能力和一体化平台。Tennant Financial 专注于提供全面的金融服务，包括退休规划、投资、税务策略以及慈善捐赠，实质上为客户充当个人首席财务官（CFO）。
- Team brings substantial AUM of $1.3 billion to LPL platform
- Addition strengthens LPL's presence in the New England market
- Expands LPL's high-net-worth client service capabilities
- None.
Insights
LPL Financial adds $1.3B in assets by recruiting Tennant Financial team from Northwestern Mutual, strengthening its wealth management platform.
LPL Financial has successfully recruited Tennant Financial, a well-established advisory team that brings approximately
The Tennant team, with 75 years of combined experience, primarily serves a valuable high-net-worth client base including corporate executives, business owners, and medical professionals. Their specialized focus on comprehensive wealth management for affluent clients should enhance LPL's position in this lucrative market segment.
This recruitment aligns with LPL's growth strategy of attracting established advisory teams seeking greater independence and technological capabilities. The transition demonstrates LPL's competitive advantage in offering superior technology and practice management solutions that appeal to sophisticated advisory teams.
The acquisition contributes meaningfully to LPL's asset base, which currently stands at approximately
This recruitment continues LPL's pattern of steady growth through advisor acquisition, reinforcing its position as one of the fastest-growing wealth management firms in the U.S. market with over 29,000 financial advisors and approximately 1,100 financial institution relationships.
SAN DIEGO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the partners of Tennant Financial have joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. They reported serving approximately
Based in Ballston Lake, near Saratoga Springs, N.Y., the team led by Steven Tennant, CFP®, Jeremy Berry, CPA and Ryan Wade, MBA, CFA®, provides financial services to clients throughout New England and nationwide. The three have collaborated since 2000 and together have 75 years of financial services and investment planning experience.
The team primarily serves high-net-worth families, corporate executives, business owners, and medical professionals, as well as individuals navigating life transitions. Their holistic approach to financial services integrates retirement, investments, income and estate taxes, and charitable giving, creating a seamless strategy that supports clients across generations.
“We make it a priority to truly understand our clients—their ambitions, their challenges and what they hope to achieve,” said Tennant. “From there, we craft personalized strategies and clear roadmaps designed for long-term success. By coordinating with all relevant stakeholders and fiduciaries, our team ensures a seamless progression toward our clients’ financial goals. In many ways, we serve as a personal CFO for the families and businesses we support, bringing structure and harmony where there was once complexity. This comprehensive, client-centered approach is what sets us apart from other firms.”
Why Tennant Financial Chose LPL
Seeking greater independence, flexibility, and access to advanced technology for their clients, the team, which also includes Nancy Monroe, Jason Blair, Stephanie Van Grinsven, Kat Herdzik, Lisa Skiba, Karen Scinto, Jenna Medina Badgley and Whitney Walker, joined LPL.
“Our research and planning process, combined with and LPL’s technology and integration capabilities, were key factors in our decision. The technological landscape has advanced so quickly in the last five years, and we’re excited to bring that to bear for our clients and team,” said Berry. “We are on the cusp of significant change fueled by AI and the impact it will have on our abilities as advisors to provide the best service possible for our clients. By making this change today, it puts us in a position to continue to meet the needs of our clients as well as better support our team, both of which are critical to our current and future success.”
Scott Posner, Managing Director, Business Development, said, “I’d like to extend a warm welcome to Tennant Financial. As a leading wealth management firm, LPL is committed to delivering innovative technology and comprehensive business solutions to help advisors differentiate their practices and increase value for their clients. We look forward to supporting the team as they start this new chapter of 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 over 29,000 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 advisor and broker-dealer, member FINRA/SIPC. Tennant Financial 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, 2024.
Media Contact:
Media.relations@LPLFinancial.com
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