Lpl Financial Stock Price, News & Analysis

LPL Financial (Nasdaq:LPLA) announced that Walnut Beech Advisors has joined its platforms, adding approximately $550 million in advisory and brokerage assets. Led by Tim Maurer and Rick Betancourt, the team aims to enhance client services through co-branding and collaboration with tax professionals. The move aligns with LPL's focus on innovation and technology, which Betancourt emphasized will benefit their client access and account management. This partnership will also strengthen business continuity and succession planning for Walnut Beech Advisors.

LPL Financial (Nasdaq: LPLA) announced the addition of financial advisor Kip Adams and his team, who manage approximately $800 million in assets, to its platforms. The team, previously with Kestra Financial, focuses on retirement planning and comprehensive wealth management. Adams expressed satisfaction with LPL's resources and technology, which enhance their business operations. Scott Posner from LPL emphasized their commitment to supporting advisors like Adams, thereby aiming to create value through innovative technology and business resources.

LPL Financial (Nasdaq: LPLA) has welcomed four financial advisors who launched a new independent practice, NorthEnd Private Wealth, in Greenville, S.C. The team, with approximately $650 million in advisory assets, transitioned from Merrill Lynch to leverage LPL's Strategic Wealth Services model, which offers personalized support for operational management. Their goal is to create a culture that prioritizes client interests and aims for organic growth. LPL also expressed commitment to supporting the NorthEnd team in their journey toward independence.

LPL Financial announced the addition of Woods Financial Group to its platforms. Based in Fort Worth, Texas, Woods Financial Group manages approximately $130 million in advisory, brokerage, and retirement plan assets. Founded in 1986 by Joel Woods, the firm aims to enhance its business continuity by leveraging LPL’s extensive network and resources. The team is focused on expanding their client base while ensuring a smooth transition for clients as Woods approaches retirement. LPL’s innovative technology and support will enable better client engagement and service.

LPL Financial announces that CR Davis & Company has joined its broker-dealer and RIA platforms, bringing approximately $110 million in assets. The firm, with a history dating back to the 1920s, aims to enhance its client services by leveraging LPL's technology and operational support. Partners Jeffrey Gibbs and Brad Welker emphasize the importance of client education and personalized financial planning. LPL's senior vice president, Ken Hullings, welcomes the firm, highlighting its commitment to supporting advisors in enhancing client experiences.

LPL Financial Holdings Inc. (Nasdaq: LPLA) will report its first quarter financial results after market close on April 29, 2021. A conference call to discuss the results is scheduled for 5 p.m. ET on the same day, accessible via phone or webcast. LPL Financial serves over 17,000 financial advisors and is a top provider in the independent broker-dealer space, emphasizing support for advisor independence. The investor relations information is available on their website.

LPL Financial (Nasdaq: LPLA) announced that 19 of its affiliated advisors have been recognized in Forbes' list of Top Women Wealth Advisors. The list highlights top-performing women wealth management professionals, evaluated based on industry experience, assets under management, and compliance records. Angela Xavier, LPL's EVP, praised the honorees for their commitment to client service amidst market volatility. LPL Financial supports over 17,000 advisors, emphasizing an advisor-centered approach aimed at fostering independence and client relationships.

LPL Financial (Nasdaq: LPLA) announced the addition of advisors Steven Allison, Jonathan Cummings, and Raymond Empkey to its platforms, coming from Securities America. The trio brings approximately $215 million in advisory, brokerage, and retirement plan assets. Specializing in employee stock ownership plans and 401(k) retirement plans, they seek improved client experiences and operational efficiency at LPL. LPL's executive vice president, Scott Posner, emphasized the firm's commitment to supporting advisors with advanced technology and resources to enhance client service.

LPL Financial (Nasdaq:LPLA) announced the addition of Progressive Financial Concepts, which has about $450 million in assets, to its platforms. The team, based in Scottsdale, includes seasoned advisors who have provided wealth management and retirement planning for over 20 years. They chose LPL for superior technology and integrated capabilities, enhancing their service delivery. LPL's executive expressed commitment to supporting advisory teams through continuous investments in technology and service excellence, reinforcing its position as a leading broker-dealer.