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 has been selected as the custodian for the newly launched Talisman Wealth Advisors by financial advisors Jennifer Kirby and Frank Granizo. Previously part of The Granizo Kirby Group at Merrill Lynch, they manage approximately $150 million in advisory assets. Their independent firm, based in Mountainside, N.J., aims to provide unbiased wealth management services, leveraging LPL's advanced technology and support. LPL's commitment to independent advisors enhances their ability to serve clients effectively, ensuring a focus on client interests free from institutional conflicts.
LPL Financial Holdings (Nasdaq: LPLA) announced the completion of a $400 million offering of senior unsecured notes due in 2031.
The proceeds will be used to repay existing borrowings related to the acquisition of Waddell & Reed Financial’s wealth management business, and cover related fees. The notes will incur a 4.375% interest rate, payable semi-annually, with a maturity date of May 15, 2031. The offering resulted in approximately $18 million in additional annual interest expense for the company.
LPL Financial announced that advisors Gena Barbato, Beth Woodward, and Daniel Kundla have joined from UBS, bringing approximately $215 million in advisory assets. The team aims to enhance client experiences through a holistic approach and expanded service offerings by partnering with LPL and Gladstone Wealth Partners. This collaboration allows them greater independence and flexibility, including improved digital marketing capabilities. Gladstone's CEO noted the significance of this women-led team in Atlanta's wealth management market.
LPL Financial announced that financial advisor Jeffrey Schiffman has joined the firm, affiliated with the new Linsco employee model. Schiffman brings approximately $150 million in advisory, brokerage, and retirement plan assets, transitioning from UBS Financial Services. Based in Palm Beach Gardens, Fla., Schiffman Wealth Planning aims to provide tailored financial strategies. The move allows Schiffman greater business control and access to LPL's technology and marketing resources, enhancing his practice's growth potential.
LPL Financial has launched Meeting Manager, a proprietary digital solution that streamlines client meeting preparations for advisors. This tool integrates multiple functions into a single platform, reducing the time spent on administrative tasks. Available at no extra cost through ClientWorks, Meeting Manager allows advisors to quickly assemble necessary documents, enhancing both productivity and the client experience. Kirby Horan-Adams emphasized its role in maximizing advisors' time and personalizing client interactions. LPL remains committed to innovating technology that supports independent financial advisors.
LPL Financial (Nasdaq: LPLA) announced the onboarding of financial advisor Glenn “Rob” DeHollander, who managed approximately $130 million in assets. His practice, DeHollander Financial Group, specializes in retirement income planning and wealth management, targeting affluent families and businesses.
DeHollander chose LPL for its extensive resources and independence from proprietary products. He aims to expand his business by collaborating with other LPL advisors. LPL’s executive team expressed confidence in DeHollander's contributions and the firm’s commitment to empowering advisors.
LPL Financial Holdings Inc. (Nasdaq: LPLA) announced the pricing of $400 million in senior unsecured notes through its subsidiary, LPL Holdings, with a 4.375% interest rate, maturing on May 15, 2031. Proceeds will repay existing debt from the acquisition of Waddell & Reed Financial and cover offering expenses. The issuance is expected on May 18, 2021, subject to conditions. These notes are offered solely to qualified institutional buyers and are not registered under the Securities Act of 1933.
LPL Financial (Nasdaq: LPLA) announced the addition of financial advisor Tom Zinckgraf and his team from Investment Strategies Advisors as part of its broker-dealer and RIA platforms. Zinckgraf manages approximately $180 million in advisory and brokerage assets and aims to enhance client services using LPL's technology. An industry veteran, he emphasizes a planning-based approach and client service excellence. LPL's executive Scott Posner expressed gratitude for Zinckgraf's partnership, highlighting LPL’s commitment to advisor support.
LPL Financial Holdings Inc. (LPLA) has announced plans to offer approximately $400 million in senior unsecured notes due 2031 through its subsidiary, LPL Holdings. The proceeds will primarily be used to repay borrowings from the revolving credit facility related to the recent acquisition of Waddell & Reed Financial, Inc. as well as to cover fees associated with the offering. The success of this offering is contingent on market conditions and other factors.
LPL Financial (Nasdaq: LPLA) announced that financial advisor Michael Cuttita has joined its broker-dealer platform, aligning with Gladstone Wealth Partners. Cuttita, with 24 years of experience and approximately $120 million in advisory and brokerage assets, aims to simplify investing for clients. He launches his independent practice, Platinum Wealth Advisors, in Paramus, N.J. LPL supports advisors with innovative technology and business solutions, while Gladstone will aid in expanding Cuttita's firm by recruiting additional advisors.