SAN DIEGO, June 03, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (NASDAQ:LPLA) today announced the winners of its second annual Law Firm Diversity, Equity, Inclusion and Belonging (DEIB) Awards: Davis Wright Tremaine LLP (DWT), a national law firm with more than 600 attorneys, has received the Law Firm DEIB Recognition Award and Jules W. Carter, associate attorney at Moore & Van Allen PLLC, has been recognized with the Diversity Champion Award. The Law Firm DEIB Awards recognize law firms and attorneys who ha ...

SAN DIEGO, May 30, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that advisors with Highland Partners Financial Services, which is led by Managing Partner G. Mark Hamby, have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported serving more than $400 million in advisory, brokerage and retirement plan assets* and join LPL from Momentum Independent Network, a subsidiary of Hilltop Holdings. Based in Glen Allen, Va., in the greater Richmond area, Hamby has more than 30 ...

SAN DIEGO, May 28, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Roger Frank and Michael Ward, CFP®, of Frank Financial Concepts have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported serving approximately $200 million in advisory, brokerage and retirement plan assets* and join LPL from Berthel Fisher & Co. Frank started his career as a financial professional in 1996, working for several investment firms before founding Frank Financial Conc ...

LPL Financial's (LPLA) total brokerage and advisory assets were $1.41 trillion at the end of April 2024, decreasing 1.9% from the prior month but jumping 19% year over year. The fall in the company's asset balance from March 2024 was mainly due to a weak market performance. Of LPLA's total assets, brokerage assets were $637.5 billion and advisory assets amounted to $775.5 billion. Brokerage assets declined 1.6% from March 2024 but grew 13.9% year over year. Likewise, advisory assets fell 2.2% from the previ ...

SAN DIEGO, May 23, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC ("LPL Financial"), a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the "Company"), today released its monthly activity report for April 2024. Total advisory and brokerage assets at the end of April were $1.41 trillion, a decrease of $27.9 billion, or 1.9%, compared to the end of March 2024. Total net new assets for April were $12.0 billion, which included $5.0 billion of acquired net new assets resulting from the acquisit ...

Core Insights - LPL Financial has welcomed Pilot Financial, a network of 105 advisors managing approximately $4.6 billion in advisory and brokerage assets, to its platforms [1][2][3] Group 1: Company Overview - LPL Financial is a Fortune 500 company and a leading wealth management firm, serving nearly 23,000 financial advisors across approximately 1,100 institutions and 570 registered investment advisor firms nationwide [6] - Pilot Financial, founded in 2001, supports independent advisors with strategic planning, coaching, compliance, and administrative assistance [2][3] Group 2: Strategic Partnership - The partnership with LPL Financial is expected to enhance Pilot Financial's service capabilities, providing more convenience and personalized financial strategies for clients [2][4] - Pilot Financial's leadership conducted due diligence and found LPL to meet their needs for strategic resources, marketing capabilities, and customer service [3][4] Group 3: Future Growth Plans - Pilot Financial aims to expand its national footprint and attract quality advisors through its collaboration with LPL [3][4] - LPL Financial plans to continue investing in its platform to support Pilot Financial's growth and success [4]

SAN DIEGO, May 20, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Lance Dumas, AIF®, ChFC®, and Darryl Carter CPA, have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported serving approximately $225 million in advisory, brokerage and retirement plan assets* and join LPL from Cetera. LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Toda ...

SAN DIEGO, May 15, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Tara Blair, CFP®, CPA, has joined LPL Financial's broker-dealer, RIA and custodial platforms. She reported serving approximately $215 million in advisory, brokerage and retirement plan assets* and joins LPL from Lincoln Financial. Based in Fort Worth, Texas, Blair has more than 25 years of experience in financial services following an initial career in public accounting. She built her wealth management pract ...

LPL Financial Holdings Inc. (LPLA) announced the completion of the Crown Capital Securities, L.P. acquisition. The deal, announced in July 2023, expands the company’s footprint in the California market and solidifies its wealth management business.Crown Capital is a full-service broker-dealer and registered investment advisor based in Orange County, CA. Founded in 1999, it provides services that include investment management, estate planning, risk management, education planning, corporate benefits, full-ser ...

SAN DIEGO, May 07, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Logan Reed, CFP®, CEPA®, CIMA®, CLU®, AIF®, James "Jim" English III, Michael Allegra Jr., CRPC, and Matthew Fleming, CFP®, have launched a new independent practice, Thimble Island Private Wealth, through affiliation with LPL Financial's supported independence model, LPL Strategic Wealth Services. The team reported having served approximately $830 million in advisory, brokerage and retirement plan assets* wh ...