Welcome to our dedicated page for Lpl Financial news (Ticker: LPLA), a resource for investors and traders seeking the latest updates and insights on Lpl Financial stock.
LPL Financial Holdings Inc. (Nasdaq: LPLA) provides essential technology and support services to over 22,000 financial advisors nationwide. This page serves as the definitive source for official company announcements, financial results, and strategic developments.
Access real-time updates including quarterly earnings disclosures, regulatory filings, and technology initiatives that shape the advisor-mediated wealth management landscape. Our curated collection ensures investors and professionals stay informed about operational milestones, partnership agreements, and compliance updates critical to understanding LPLA's market position.
Explore press releases covering advisor recruitment trends, platform enhancements, and industry thought leadership. All content is sourced directly from LPL Financial's corporate communications, maintaining factual accuracy and regulatory compliance.
Bookmark this page for streamlined access to LPLA's financial narrative. For historical context, combine these updates with our detailed company profile analyzing LPLA's broker-dealer business model and competitive differentiators.
LPL Financial has enhanced its Model Wealth Portfolios (MWP) platform by adding separately managed account (SMA) strategies, creating a unified managed account (UMA) that allows advisors to combine SMAs with other investment models. This development enables tailored investment strategies with lower minimums for clients, providing transparency and better tax management opportunities. LPL aims to deliver a superior wealth management platform, emphasizing advisor input for continuous improvement. As of December 31, 2021, MWP manages over $83 billion in assets.
On March 28, 2022, LPL Financial announced the launch of a new independent practice, Alcove Private Wealth, by advisors Leslie Shenkler and Daryl Lipkin. The duo, transitioning from UBS, manages approximately $265 million in advisory assets. With over 25 years in the industry, Shenkler holds a Chartered SRI Counselor designation, while Lipkin is a Certified Investment Management Analyst. They chose LPL Strategic Wealth Services for independence and flexibility to better serve clients, emphasizing a client-centered culture and personalized support.
LPL Financial has welcomed Floe Financial Partners back to its broker-dealer and advisory platforms. The Floe team, managing approximately $345 million in assets, migrates from Wells Fargo Advisors. With over 65 years of combined experience, they focus on personalized wealth management, including investment and estate planning. The team aims to utilize LPL's advanced technology and support solutions for enhanced client service, while also planning to expand by adding junior advisors. LPL expresses commitment to supporting Floe's growth and client engagement initiatives.
LPL Financial announced that 22 of its affiliated advisors have been recognized in Barron’s 2022 list of the Top 1,200 Financial Advisors in America, an increase from 17 last year. This recognition highlights the quality of their practices, assets under management, and philanthropic efforts. LPL continues to support nearly 20,000 financial advisors nationwide, focusing on providing innovative technology and robust solutions to help advisors meet client needs. Barron’s aims to raise industry standards through these rankings, which included data from approximately 6,000 advisors.
LPL Financial LLC, a subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA), reported a decrease of approximately $13 billion in total advisory and brokerage assets, now at $1.14 trillion, a drop of 1.1% from January 2022. Despite this, the firm achieved net new assets of $5.2 billion in February, reflecting a robust 5.4% annualized growth rate. Client cash balances rose by $2.1 billion to $60.5 billion, indicating increased liquidity among clients. The detailed performance metrics will inform investors about the company's trajectory as they approach upcoming earnings announcements.
LPL Financial (Nasdaq:LPLA) announced that the all-woman team at Ascend Wealth Management has joined its broker-dealer and RIA platforms. This team managed approximately $210 million in advisory and brokerage assets, transitioning from Voya Financial Advisors. Led by Kristi Turchan and Debbie Verker, they focus on personalized financial planning for diverse clients. The team chose LPL for its technological support and commitment to advisors. The partnership aims to enhance client service quality and maintain a fiduciary standard.
LPL Financial (Nasdaq: LPLA) announced the launch of Highland Wealth Partners by advisors Richard DeYoung and Jessica Boehm, who transition from Wells Fargo Advisors, managing approximately $280 million in advisory assets.
The move aims to provide personalized financial services and enhanced client attention, supported by LPL's Strategic Wealth Services platform. DeYoung and Boehm chose LPL for its commitment to advisor independence, transparency, and comprehensive support, enhancing their ability to serve clients' diverse financial needs.
LPL Financial (Nasdaq: LPLA) announced that CFO Matt Audette will present at the Wolfe FinTech Forum on March 10 at 1:00 p.m. ET. The presentation will be virtual, and a live audio webcast will be accessible at investor.lpl.com. A replay will be available two hours post-event and can be accessed until March 31.
LPL Financial supports nearly 20,000 financial advisors and is recognized as a top provider in various financial service sectors.
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