Welcome to our dedicated page for LPL Financial Holdings news (Ticker: $LPLA), a resource for investors and traders seeking the latest updates and insights on LPL Financial Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LPL Financial Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LPL Financial Holdings's position in the market.
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Legacy Wealth Advisors, Inc. joins LPL Financial's platforms with $280 million in assets
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End-of-Day
-1.2%
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LPL Financial welcomes new advisors with $350 million in assets, launching BW Wealth Management
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0.13%
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Greg Gates, managing director and chief technology & information officer at LPL Financial, was named CharlotteCIO CIO of the Year by the Carolina CIO ORBIE Awards. Gates spearheaded LPL's efforts to reimagine their digital platform and technological infrastructure, delivering next-generation solutions for financial advisors and institutions. LPL's technology transformation includes digitized experiences, a hybrid cloud architecture model, and tools to solve advisors' and institutions' needs. Gates oversees technology infrastructures that serve LPL's nearly 22,000 financial advisors, representing over $1.1 trillion of assets under management.
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End-of-Day
-1.53%
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Megan M. Stirrat and Tenley Y. Hardt have joined LPL Financial to launch Revel Private Wealth, having served approximately $325 million in assets. They specialize in helping women in transition and those in the sports and entertainment industry. The advisors chose LPL's supported independence model for its flexibility and support. LPL Strategic Wealth Services provides ongoing operations support and integrated wealth management platform. The advisors are excited about the future of Revel Private Wealth.
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End-of-Day
1.1%
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Prudential Financial and LPL Financial announce strategic relationship agreement to enhance customer experience and accelerate growth
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2.35%
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Commerce Financial Advisors, with nearly 30 financial advisors and $4.7 billion AUM, has joined LPL Financial's Institution Services platform, leveraging LPL's technology and resources to enhance client service and grow their wealth management business.
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End-of-Day
0.15%
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Financial advisor Matthew Holbrook joins LPL Financial, bringing approximately $385 million in assets. He chose LPL for more autonomy and flexibility, becoming the first advisor in a new Linsco office in Irvine, Calif. Linsco by LPL offers a turnkey solution to build and grow his brand, providing clients with unbiased advice and a wider range of investment options. LPL is committed to supporting advisors with integrated capabilities and robust resources.
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-1.36%
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Watermark Wealth Management joins LPL Financial, bringing approximately $1.5 billion in assets. Watermark chose LPL for technology enhancements and the ability to grow their practice. LPL commits to investing in innovative technology and supporting advisors.
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End-of-Day
3.05%
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LPL Financial reports an increase in total advisory and brokerage assets for July 2023. Total net new assets and net new advisory assets also show growth. However, client cash balances decreased compared to the previous month.
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End-of-Day
2.7%
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LPL Financial released a study conducted by LPL Business Solutions that examines the strategies used by top-performing advisors to achieve extraordinary business results. The study found that the top 10% of advisors leveraged four main strategies: operating their business like a CEO, optimizing their time by delegating or outsourcing, offering holistic services for every stage of their clients' financial lives, and aligning their personal values with every aspect of their business. Interesting findings include the fact that top producers earn nearly three times more in annual revenue despite working similar hours as other advisors, 71% of top producers outsource two or more functions, 95% of top advisors have a models-based practice, and nearly 90% of high performers have a written value proposition or mission statement.
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End-of-Day
-0.99%
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LPL Financial Holdings Inc.
Nasdaq:LPLA
LPLA Rankings
LPLA Stock Data
21.38B
73.83M
0.68%
96.18%
1.69%
Investment Advice
Finance and Insurance
United States of America
SAN DIEGO
About LPLA
lpl financial, a wholly owned subsidiary of lpl financial holdings inc. (nasdaq:lpla), is a leader in the retail financial advice market and currently serves $462 billion in advisory and brokerage assets. lpl is one of the fastest growing ria custodians and is the nation's largest independent broker-dealer (based on total revenues, financial planning magazine june 1996-2015). the company provides proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 14,000 independent financial advisors and over 700 banks and credit unions, enabling them to help their clients turn life's aspirations into financial realities. advisors associated with lpl also service an estimated 40,000 retirement plans with an estimated $115 billion in retirement plan assets, as of september 30, 2015. lpl also supports approximately 4,300 financial advisors licensed and affiliated with insurance companies with customi