Company Overview - LPL Financial LLC has announced that financial advisors Todd Cousino, Nicholas Hawk, and Charles Moyer have joined its employee advisor channel, Linsco by LPL Financial, to establish Cousino Wealth Advisors, managing approximately $265 million in advisory, brokerage, and retirement plan assets [1][10] - The advisors have a collaborative approach to financial planning and wealth management, utilizing a bucket strategy to grow and preserve client wealth [2] Advisor Team Background - Cousino and Hawk have been working together since 2015, with Moyer joining in 2020, and they primarily serve clients in the engineering and automotive sectors [2][3] - The team emphasizes strong client relationships and aims to enhance client experience and office efficiencies by partnering with LPL [3] Strategic Goals and Technology Utilization - The advisors aim to elevate their client experience and improve operational efficiencies by leveraging LPL's advanced technology and integrated wealth management platform [4] - LPL's model allows advisors to maintain independence while benefiting from support in day-to-day operations, enabling them to focus on client care [5] LPL Financial's Market Position - LPL Financial is a leader in the financial services market, serving nearly 23,000 financial advisors across various institutions and registered investment advisor firms [7] - The company promotes an advisor-mediated model, allowing advisors the freedom to choose their business model and manage client relationships effectively [7]

Core Insights - LPL Financial LLC has welcomed financial advisor Tre Panagos, who manages approximately $265 million in advisory, brokerage, and retirement plan assets, to its platforms from Edward Jones [1][10] - Panagos aims to establish a multigenerational practice, emphasizing the importance of wealth transfer alongside wealth accumulation [4][5] Group 1: Company Overview - LPL Financial Holdings Inc. is a leading firm serving nearly 23,000 financial advisors and approximately 1,100 institutions, committed to an advisor-mediated model [7] - The company provides advisors with the freedom to choose their business model, services, and technology resources, allowing them to manage client relationships effectively [7] Group 2: Advisor Profile - Tre Panagos transitioned from a career in broadcast journalism to financial services in 2011, eventually taking over his father's practice [2] - He collaborates with various professionals to create comprehensive investment strategies tailored to clients' financial lives [3] Group 3: Business Strategy - With the move to LPL, Panagos is launching Generational Asset Planning, focusing on multigenerational wealth management [4] - He values LPL's culture of independence and integrated technology, which enhances client experiences [5]

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 ...