SAN DIEGO, July 01, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that father and daughter financial advisors James (Jim) Zack and Amanda Zack have joined LPL's employee advisor channel, Linsco by LPL Financial, to launch The Zack Wealth Group. They reported serving approximately $290 million in advisory, brokerage and retirement plan assets* and join LPL from Morgan Stanley. "We are a family team committed to helping other families, and it all starts with thorough planning and a deep understan ...

SAN DIEGO, June 27, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors of First Summit Capital Management have joined LPL Financial's broker-dealer, RIA and custodial platforms, aligning with Momentum Wealth Partners, an existing firm supporting LPL-affiliated advisors. The First Summit advisors reported having served approximately $380 million in advisory, brokerage and retirement plan assets* and join LPL from PNC Investments. The team provides personalized investment strategies ...

SAN DIEGO, June 25, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Danielle Qualls has joined LPL Financial's broker-dealer, RIA and custodial platforms, teaming up with existing firm Bergkamp Financial. She reported having served approximately $160 million in advisory, brokerage and retirement plan assets* and joins LPL from Stifel, Nicolaus and Co. "I wanted to provide more services and go farther," Qualls said. "I knew that I'd need to work with a team that had differen ...

LPL Financial's (LPLA) total brokerage and advisory assets were $1.46 trillion at the end of May 2024, increasing 3.6% from the prior month and 23.1% year over year. The rise in the company's asset balance from April 2024 was mainly driven by a robust market performance. Total net new assets (NNAs) were $11.2 billion in the reported month. NNAs were $12 billion in April 2024 and included $5 billion of acquired NNAs from the acquisition of Crown Capital. Notably, in May 2023, NNAs were $8.1 billion. LPL Fina ...

Total advisory and brokerage assets at the end of May were $1.46 trillion, an increase of $51.4 billion, or 3.6%, compared to the end of April 2024. Total client cash balances at the end of May were $44.5 billion, a decrease of $1.2 billion compared to the end of April 2024. Net buying in May was a record $15.0 billion. Note: Totals may not foot due to rounding. (1) During the first quarter of 2024, the Company updated its definition of client cash account balances to exclude other client payables. Prior pe ...

"It is so rewarding to have my sons by my side to continue the family legacy," Tom Russell said. "They are both wonderful assets to the team and are helping us take it to the next level as we create more hands-on, boutique experiences for clients. We pride ourselves on taking the time to truly tailor investment plans and strategies for each client's unique needs, goals and objectives." "LPL supports the entrepreneurial mindset and gives us the flexibility to build our business on our own terms so we can put ...

SAN DIEGO, June 13, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Stephen Shevlin and Jonathan Joelner, MBA, have joined LPL Financial's broker-dealer, RIA and custodial platforms to launch a new independent practice, 1818 Wealth Management. The team reported having served approximately $300 million in advisory, brokerage and retirement plan assets* and joins LPL from Stifel, Nicolaus and Co. Based in Swansea, Ill. — just 20 minutes from the Gateway Arch in St. Louis — S ...

Hilbig, who lives in The Woodlands, Texas area and maintains a registered office in Mundelein, Ill., has more than 20 years of experience crafting personalized financial strategies tailored to each client's unique needs and aspirations. He takes a holistic approach to financial planning, encompassing areas such as wealth management, retirement planning, investment advisory and risk management. By carefully assessing a client's financial situation and priorities, he strives to provide comprehensive solutions ...

SAN DIEGO, June 05, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (NASDAQ:LPLA) announced today that financial advisors Todd Cousino, Nicholas Hawk and Charles Moyer have joined LPL's employee advisor channel, Linsco by LPL Financial, to launch Cousino Wealth Advisors. The advisors reported serving approximately $265 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise. Based in Brownstown, Mich., Cousino and Hawk have worked as a team since 2015, with Moyer joining in 2020. ...

SAN DIEGO, June 04, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Tre Panagos has joined LPL Financial's broker-dealer, RIA and custodial platforms. He reported serving approximately $265 million in advisory, brokerage and retirement plan assets* and joins LPL from Edward Jones. Panagos began his career in broadcast journalism and spent several years as a news videographer and director until the long hours and excess travel took a toll on his family. In 2011, he chose to ...