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) is a wealth management and investment advice company that operates in the financial advisor–mediated marketplace. Through LPL Financial LLC and related entities, the firm supports tens of thousands of financial advisors and the wealth management programs of numerous financial institutions, servicing and custodying brokerage and advisory assets for millions of Americans.
This news page highlights LPLA-related developments, reflecting how the company grows and manages its platform. Readers can find coverage of advisor teams and firms choosing to join LPL’s broker-dealer and Registered Investment Advisor platform or its employee advisor channel, including practices such as Oak Bridge Financial, Rand, Williams & Associates and Forest Lake Wealth Partners. These stories illustrate why advisors transition to LPL, often citing autonomy, technology capabilities, operational flexibility and support.
News items also include leadership and governance updates, such as appointments of senior executives in areas like supervision, service, legal and corporate strategy, as well as the election of independent directors to the board. In addition, LPL issues releases on its earnings release schedule, monthly activity metrics and research publications like the firm’s 2026 Outlook, which provides a data-driven view of the economic and market environment.
Investors, advisors and other interested readers can use this page to follow recurring themes in LPL’s news flow, including advisor recruitment, corporate strategy, board composition, regulatory and legal leadership, and platform growth indicators. By reviewing these updates over time, users gain insight into how LPL manages its wealth management platform and supports the advisors and institutions that rely on its services.
LPL Financial LLC (Nasdaq: LPLA) has welcomed Polaris Advisors to its broker-dealer and advisory platforms. Polaris Advisors, which manages approximately $675 million in assets and transitioned from Mass Mutual, aims to enhance client service through LPL's Strategic Wealth Services (SWS) model. This model provides integrated account management and operational support, allowing Polaris to focus on client relationships and growth. The firm plans to leverage LPL's M&A Solutions for further expansion and is committed to community involvement.
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LPL Financial (Nasdaq: LPLA) announced that Wealth Advisory Services has rejoined its broker-dealer and registered investment advisor platforms, bringing approximately $700 million in advisory and brokerage assets. Led by managing partners Paul Krumenacker and David Jenkins, the team aims to enhance client service through LPL's advanced technology and Gladstone's concierge service. This move is expected to free up time for advisors to focus on portfolio management and wealth building, while also attracting new advisors to their growing model.
LPL Financial LLC reported a significant increase in total advisory and brokerage assets, reaching approximately $1.16 trillion at the end of August 2021, a growth of $27.0 billion or 2.4% from July 2021. The firm saw total net new assets of $7.6 billion for August, translating into an annualized growth rate of 8.6%, with net new advisory assets totaling $6.4 billion, representing a robust annualized growth rate of 13.9%. Client cash balances increased to $49.7 billion, reflecting a positive trend in client engagement.
LPL Financial (Nasdaq:LPLA) welcomed financial advisors Carrie Turcotte and Crystal Walker from NorthShore Financial Strategies to its platform, managing approximately $230 million in advisory and brokerage assets. The partnership aims to enhance client care through LPL's Strategic Wealth Services model, allowing the advisors to focus on client relationships while accessing advanced wealth management resources. The NorthShore team, with over 75 years of combined experience, emphasizes personalized financial guidance, particularly for women and high-net-worth clients.
LPL Financial (Nasdaq:LPLA) announced that Sandstone Wealth Management at Heartland Bank has joined its Institution Services platform, collaborating with JFC Advisor Network. Sandstone's financial professionals manage approximately $300 million in assets, previously affiliated with Raymond James and Royal Alliance. The advisors aim to lower fees and enhance client experiences through LPL's technology offerings. Local networking with JFC was also appealing. LPL emphasizes support for its institutional clients, promising innovative technology and dedicated service.
The LPL Financial Foundation announced new partnerships aimed at enhancing economic well-being for underserved populations. Grants totaling nearly $500,000 were awarded to the American College of Financial Services and LISC to promote diversity in financial services and support small business owners. The LISC grant will assist 100 small businesses in Charlotte and San Diego, while the American College will establish the LPL Financial Foundation Equity Scholars Program to increase the representation of financial professionals from diverse backgrounds.
LPL Financial (Nasdaq: LPLA) has appointed Cara Dailey as executive vice president and Chief Data Officer, effective September 13, 2021. In this newly created role, she will lead the Data and Analytics team to enhance LPL's digital strategies and data management. Dailey brings extensive experience from Silicon Valley Bank and Nike, among others. Her focus will be on leveraging data as a strategic asset to create personalized client experiences. The move aligns with LPL’s commitment to improving services for over 19,000 financial advisors nationwide.
LPL Financial (Nasdaq: LPLA) announced the launch of Shoreline Wealth Management by advisors David Crossan and John Stephens, who bring over 35 years of experience. They previously managed approximately $305 million in assets and transitioned from Wells Fargo Advisors to LPL’s Strategic Wealth Services model. This move allows them to offer customized client services and expand their operations along the Jersey Shore. They emphasize financial education and plan to enhance their marketing efforts, including podcasting and a radio show.
LPL Financial (Nasdaq:LPLA) welcomed the Vande Bossche Financial Planning and Wealth Management team, led by John Vande Bossche, who brings approximately $380 million in advisory assets. The family's move from Northwestern Mutual enhances LPL's service offerings, particularly in retirement and investment planning. The team aims to cater to multiple generations, leveraging LPL's integrated technology and platforms for improved client experiences. This long-term partnership is expected to significantly benefit both LPL and the Vande Bossche team.
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