SAN DIEGO, April 23, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor James “Jim” Verdi, CFP®, has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving approximately $350 million in advisory, brokerage and retirement plan assets* and joins LPL from Osaic. Based in Smithtown, N.Y., Verdi founded Synergy Wealth Strategies in 2008, driven by the mission that investors deserve a reputable, stable and safe place to ...

SAN DIEGO, April 17, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), the parent corporation of LPL Financial LLC, announced today it will report first quarter financial results after the market closes on Thursday, May 8. The Company will host a conference call to discuss its results at 5 p.m. ET the same day. The conference call will be accessible and available for replay at investor.lpl.com/events. Contacts Investor Relationsinvestor.relations@lplfinancial.com Media Rel ...

SAN DIEGO, April 15, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (NASDAQ:LPLA), today announced that five of its executives have been promoted into new Managing Director roles. Christa Carone, Gary Carrai, Brett Goodman, Scott Posner and Brent Simonich have been elevated from Executive Vice President positions and will become Managing Directors at the firm. These roles represent a new management level for the firm and demonstrate an acknowledgement of the broadening scope and impact of the firm's leaders in ...

LPL Financial Holdings Inc. (LPLA) shares rallied 11.2% in the last trading session to close at $318.88. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.4% loss over the past four weeks.LPL Financial stock rallied, driven by a substantial jump in the broad markets. The jump was driven by President Donald Trump’s announcement of a 90-day tariff pause for the non-retaliating nations. This cheered the investor ...

SAN DIEGO, April 09, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that father and son financial advisors Patrick Trimp, CFP®, and Jack Trimp, ChFC®, of Trimp Wealth Management have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $220 million in advisory, brokerage and retirement plan assets* and join LPL from Nations Financial Group, Inc. Based in Idaho Falls, Idaho, Patrick transitioned to the wealth manage ...

SAN DIEGO, April 08, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, announces the appointment of Vaughn Harvey as executive vice president and chief data and artificial intelligence (AI) officer. Harvey will lead the company's data and AI initiatives, driving innovation and digital transformation across the organization. Harvey brings over 25 years of experience in AI-driven digital transformations and enterprise-wide data strategies. Most recently, he served as managing direc ...

Core Insights - LPL Financial LLC has welcomed eight financial advisors from Horizon Capital Advisors, who manage approximately $450 million in advisory, brokerage, and retirement plan assets, transitioning from Osaic [1][2]. Group 1: Company Overview - Horizon Capital Advisors has a history of over 50 years and is based in Overland Park, Kansas, with additional offices in Missouri and Kansas [2]. - The team includes financial advisors Brett Deuth, J. Brock McClain, Brian Watts, and others, emphasizing a collaborative approach to wealth management [2]. Group 2: Strategic Move - The transition to LPL Financial was motivated by the Horizon team's desire for improved service experiences, operational efficiencies, and a more advanced technology platform [3]. - The advisors believe that LPL provides the necessary tools to enhance client services and add value, citing the stability of a Fortune 500 company as a key factor [4]. Group 3: LPL Financial's Position - LPL Financial is recognized as one of the fastest-growing wealth management firms in the U.S., supporting nearly 29,000 financial advisors and managing approximately $1.7 trillion in assets [6]. - The firm offers a variety of advisor affiliation models, investment solutions, and technology resources, allowing flexibility for advisors and institutions [6].

Waltham, MA-based Commonwealth Financial, founded in 1979, is the largest independently owned wealth management firm in the United States. It offers integrated business solutions and services for roughly 2,900 financial advisors. As of Dec. 31, 2024, it had roughly $285 billion in assets under management (AUM) and client cash sweep balances of about $6 billion. LPL Financial Holdings Inc. (LPLA) entered into a definitive merger agreement to acquire Commonwealth Financial Network. The all-cash transaction is ...

SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, "LPL Financial" or "LPL") today announced the pricing of an underwritten public offering of 4,687,500 shares of its common stock at a price to the public of $320.00 per share. LPL also granted the underwriters a 30-day option to purchase up to an additional 703,125 shares of its common stock at the public offering price, less underwriting discounts and commis ...

SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, "LPL Financial" or "LPL") today announced that it has commenced an underwritten public offering of $1.5 billion of its common stock. Morgan Stanley & Co. LLC is acting as sole active book-running manager. LPL also intends to grant the underwriters a 30-day option to purchase up to an additional $225.0 million of its common stock. LPL intends to use the net pr ...