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 ...

SAN DIEGO, May 06, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Matt Sheffield has launched a new independent practice, Burlwood Wealth, through affiliation with LPL Financial's supported independence model, LPL Strategic Wealth Services. He reported having served approximately $275 million in advisory, brokerage and retirement plan assets* and joins LPL from UBS. After beginning his career in Silicon Valley, followed by a brief stint in medical sales, Sheffield recogniz ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delaware 20-3717839 4707 Executive Drive, San Diego, California 92121 (Address of principal executive offices) (Zip Code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...

SAN DIEGO, May 02, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Mitchell "Mitch" and Wesley "Wes" McCann have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported serving approximately $240 million in advisory, brokerage and retirement plan assets*, and join LPL from Ameriprise. With the move, the father and son team launch Guardian Partners Wealth Management, an independent financial practice based in the Detroit suburb of Bloomfield Hills, ...

LPL Financial’s (LPLA) first-quarter 2024 adjusted earnings of $4.21 per share handily outpaced the Zacks Consensus Estimate of $3.77. The bottom line, however, reflects a decline of 6% year over year.Results benefited from robust improvement in revenues, partly offset by an increase in expenses. LPLA recorded growth in brokerage and advisory assets, which acted as a tailwind.After considering certain non-recurring items, net income was $268.8 million or $3.83 per share, down from $338.9 million or $4.24 pe ...

SAN DIEGO, May 01, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Timothy J. Heisterkamp, CFP®, and Max Neese, CFP® 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 Cambridge. Heisterkamp, an advisor since 1998, built the Jefferson, Iowa-based practice from the ground up after an initial career as a high school economics teacher. Nee ...