LPL Welcomes Forest Lake Wealth Partners to Linsco
LPL Financial (Nasdaq: LPLA) announced that financial advisor Melissa Mirabile has joined LPL’s employee advisor channel Linsco to launch Forest Lake Wealth Partners in Albany, New York, effective Dec. 11, 2025.
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Rhea-AI Summary
LPL Financial (Nasdaq: LPLA) announced that financial advisor Melissa Mirabile has joined LPL’s employee advisor channel Linsco to launch Forest Lake Wealth Partners in Albany, New York, effective Dec. 11, 2025.
Mirabile joins from UBS and reported serving approximately $280 million in advisory, brokerage and retirement plan assets. The team includes Casey Mirabile and Lars Olson and focuses on tailored financial planning, estate planning and tax management while limiting client count to deepen relationships.
LPL said Linsco provides autonomy, dedicated support and technology; the firm supports over 32,000 advisors and services about $2.3 trillion in brokerage and advisory assets.
Details
News Market Reaction – LPLA
On Dec 12, the first trading day after this news, LPLA closed 1.68% below the previous close. That session’s volume was 1.9x the stock’s average daily volume.
Data tracked by StockTitan Argus for the Dec 12 session.
Key Figures
- Forest Lake assets
- $280 million
- Advisory, brokerage and retirement plan assets reported at end of 2024
- Advisor experience
- Over 30 years
- Melissa Mirabile’s experience as a financial advisor
- Advisor generation
- 3rd generation
- Wealth Associate Casey Mirabile as a 3rd generation advisor
- Advisors supported
- Over 32,000 advisors
- LPL advisor network size cited in About LPL section
- Institutions served
- Approximately 1,100 institutions
- Wealth management practices of financial institutions supported by LPL
- Client assets
- Approximately $2.3 trillion
- Brokerage and advisory assets serviced and custodied by LPL
- End clients
- Approximately 8 million Americans
- End investors served through LPL’s platform
- Market cap
- $29,990,897,340
- LPLA market capitalization prior to this news
Historical Context
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Release of data-driven 2026 economic and market outlook publication.
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Appointment of a new chief legal officer to lead legal and policy teams.
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Celebration of 15 years as public company highlighting advisor and asset growth.
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CEO presentation at Goldman Sachs Financial Services Conference with webcast.
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New advisory practice Kūpono Wealth Planning joining LPL platforms.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
broker-dealer financial
registered investment advisor regulatory
FINRA regulatory
SIPC regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN DIEGO, Dec. 11, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Melissa Mirabile has joined LPL’s employee advisor channel Linsco by LPL Financial to launch Forest Lake Wealth Partners. She reported serving approximately
Located in Albany, N.Y., Forest Lake Wealth Partners serves a wide range of clients across the country, including families, business owners, and trade unions. This diverse client base highlights the firm’s commitment to addressing a broad spectrum of financial needs. Mirabile, who has over 30 years of experience and is the fifth financial advisor in her family, continues a legacy of trusted financial guidance. The team is dedicated to treating each client as an individual, deliberately avoiding short-lived financial trends in favor of a practical, common-sense approach to financial planning.
“We recognize that every client is unique, so we create tailored financial plans designed to meet their individual needs. Our team is dedicated to going above and beyond, offering clients a comprehensive perspective on their finances. In addition to investment strategies, we assist with estate planning and tax management. By intentionally limiting the number of clients we serve, we are able to develop close, personal relationships with each one,” said Mirabile.
Why Forest Lake Wealth Partners Chose LPL
Seeking more autonomy and customization for their clients, the team — which also includes 3rd generation Wealth Associate Casey Mirabile and Business Development Associate Lars Olson — turned to LPL.
“Linsco provides us with comprehensive support, increased efficiency and more freedom to address each client’s individual needs, without potential conflicts of interest or cookie-cutter models. This will allow us to spend our time the way we should – by helping our clients. Linsco made the transition so successful by offering a dedicated and responsive team. We are so excited to have our clients benefit from this support long term,” said Mirabile.
Scott Posner, managing director of business development, said, “We welcome Melissa and team to the Linsco community. At LPL, we are committed to offering differentiated experiences for advisors and their clients. We do that by offering unparalleled flexibility, strategic resources and innovative technology designed to help advisors deliver an elevated client experience while operating thriving practices. We look forward to supporting Forest Lake Wealth Partners 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 1,100 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.
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
Tracking #834869
FAQ
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