Lpl Financial Stock Price, News & Analysis

LPL Financial (NASDAQ: LPLA) announced that financial advisor Christopher Ketchen has joined their employee advisor channel, Linsco by LPL Financial, to launch Katama Wealth Partners. Ketchen, who previously served at UBS, brings approximately $315 million in advisory, brokerage and retirement plan assets to LPL.

Based in Boston, Ketchen specializes in comprehensive wealth management and corporate retirement plans. He is joined by Senior Client Associate Courtney Poole. The move to Linsco provides Ketchen with greater autonomy, access to LPL's integrated wealth management platform, and robust business resources, while maintaining support from an experienced branch management team and dedicated marketing consultant.

LPL Financial currently supports over 28,000 financial advisors and 1,200 financial institutions, managing approximately $1.8 trillion in brokerage and advisory assets for 6 million Americans.

LPL Financial (NASDAQ: LPLA) has announced that financial advisors Brian J. McGill, II, CFP®, and Michael R. Hyser, CFP®, have joined LPL's broker-dealer, RIA and custodial platforms from Kestra. Based in Alpharetta, Ga., their firm Johns Creek Financial serves approximately $385 million in advisory, brokerage and retirement plan assets.

Founded in 2002, Johns Creek Financial specializes in investment services, tax strategies, retirement and estate planning for high-net-worth families, corporate executives and business owners. The advisors chose LPL for its comprehensive services, advanced technology solutions, investment management platform, and robust resource capabilities for high-net-worth services.

LPL Financial currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets for 6 million Americans.

LPL Financial has unveiled an enhanced portfolio of Marketing Solutions, featuring a new Digital Marketing Platform designed to help financial advisors grow their businesses and improve client engagement. The platform offers multi-channel marketing capabilities, automation tools, and compliance workflows, integrated seamlessly into LPL's ecosystem.

The solution includes an extensive library of financial content, AI-powered recommendations, and real-time reporting features. According to LPL, advisors using their Marketing Solutions grew assets 39% faster than peers over a 6-month period. The platform is fully customizable, allowing advisors to choose their preferred level of support, from self-service digital tools to full-service marketing assistance.

LPL Financial, which supports over 28,000 financial advisors and approximately 1,200 financial institutions, currently services about $1.8 trillion in brokerage and advisory assets for approximately 6 million Americans.

LPL Financial announced that financial advisors Larry Forlenza and Carl Hanks have joined LPL's broker-dealer, RIA and custodial platforms from Raymond James Financial Services, bringing approximately $430 million in advisory, brokerage and retirement plan assets. Based in Morristown, N.J., they have reunited with Morristown Wealth Management team.

Forlenza, with nearly 30 years in financial services, specializes in retirement income planning, employer-sponsored retirement plans, and tax planning. Hanks, in the industry since 1991, focuses on serving corporate executives, business owners, and affluent families. Both advisors chose LPL after extensive due diligence, citing the firm's open-architecture digital platform and robust support system as key factors.

LPL Financial currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets for 6 million Americans.

LPL Financial announced that financial advisor Marcus S. Alexander has joined their employee advisor channel, Linsco by LPL Financial, to launch Alexander Wealth Solutions. Alexander, who previously served at Merrill Lynch, brings approximately $340 million in advisory, brokerage and retirement plan assets and will operate from LPL's newest Linsco office in Newport Beach, California.

The move provides Alexander with greater autonomy while maintaining access to LPL's integrated wealth management platform and business resources. Through Linsco, advisors receive support from branch management teams and dedicated consultants, allowing them to focus on client service while outsourcing operations, technology, and administrative tasks.

LPL Financial Holdings Inc. (LPLA) currently supports over 28,000 financial advisors and 1,200 financial institutions, managing approximately $1.8 trillion in brokerage and advisory assets for 6 million Americans.

LPL Financial Holdings (Nasdaq: LPLA) has announced it will release its fourth quarter and full year 2024 financial results after market close on Thursday, January 30, followed by a conference call at 5 p.m. ET. The call will be accessible via investor.lpl.com/events.

As one of the fastest growing wealth management firms in the U.S., LPL Financial supports over 28,000 financial advisors and approximately 1,200 financial institutions. The company currently services and maintains custody of about $1.8 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. LPL provides various advisor affiliation models, investment solutions, fintech tools, and practice management services.

LPL Financial (NASDAQ: LPLA) announced that father-son financial advisors Bart and Alex Lewellyn have joined LPL's broker-dealer, RIA and custodial platforms from Osaic, bringing approximately $320 million in advisory, brokerage and retirement plan assets.

Based in Medford, Oregon, the team has rebranded from Lewellyn Financial Management to Lewellyn Wealth. The practice, established by Bart in 1995, provides investment services, retirement planning, insurance strategies, and complex planning services to clients including lineman engineers, business owners, and multigenerational families.

LPL Financial currently supports over 28,000 financial advisors and approximately 1,200 financial institutions, managing about $1.8 trillion in brokerage and advisory assets on behalf of 6 million Americans.

LPL Financial announced that financial advisor John Somerville has joined their employee advisor channel, Linsco by LPL Financial, to launch Somerville Wealth Management. Somerville, who transitions from D.A. Davidson & Co., brings approximately $280 million in advisory, brokerage and retirement plan assets and will operate from a new Linsco office in Santa Barbara, California.

With over 40 years of industry experience, Somerville's practice focuses on serving business owners, professionals, and high-net-worth families through comprehensive financial planning. He chose Linsco by LPL for its innovative technology, enhanced service experiences, and the ability to maintain independence while receiving support from branch management, marketing consultants, and other resources.

LPL Financial Holdings (LPLA) currently supports more than 28,000 financial advisors and 1,200 financial institutions, managing approximately $1.8 trillion in brokerage and advisory assets for 6 million Americans.

LPL Financial announced significant updates to its financial technology and platform infrastructure, highlighting its $500 million investment in technology innovation during 2024. The company implemented over 250 new product enhancements affecting advisor, institution, and client experiences, including a strategic integration with Prudential Financial.

Key developments include the launch of AI Advisor Solutions, a program helping advisors balance AI tools with compliance management, and various tech enhancements such as a modernized money movement process, redesigned mobile app, enhanced client reporting, and updated ClientWorks features. LPL also strengthened its technology leadership by appointing Sid Vyas as EVP, CTO of Infrastructure and Operations, and Renana Friedlich as EVP, Chief Information Security Officer.