Core Insights - LPL Financial has selected SUBSCRIBE to develop a customized platform to enhance its alternative investments program, aiming to streamline investment workflows and improve advisor-client experiences [1][2][4] - LPL Financial serves over 28,000 financial advisors and manages more than $1.8 trillion in client assets, indicating its significant market presence [1][7] - The partnership with SUBSCRIBE will allow LPL to centralize alternative investment products, compliance controls, and advisor education on a single operating system [1][3] Company Overview - LPL Financial is one of the largest independent wealth management firms in the U.S., with a network of approximately 1,200 enterprises and 560 registered investment advisor firms [1][7] - The firm emphasizes a commitment to the advisor-mediated model, providing advisors with the freedom to choose their business model and technology resources [7] Technology and Innovation - SUBSCRIBE's platform is designed to integrate seamlessly with existing software ecosystems, providing comprehensive support for the entire investment lifecycle, including pre-trade, at-trade, and post-trade workflows [4][5] - The platform supports over $6 trillion in private market assets and aims to modernize the infrastructure of private fund investments [6] Strategic Goals - LPL Financial is focused on expanding its alternative investment offerings to meet the evolving needs of wirehouse and regional advisors [2] - The firm has made significant progress in developing a world-class platform for alternative investments, including the launch of a new order entry system [2]

Bespoke solution offers a centralized hub to meet the evolving needs of investorsSAN DIEGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA), a leader in the wealth management industry, announces the launch of LPL Alts Connect, a full-service platform designed to streamline the way financial advisors and their clients access and manage alternative investments. LPL Alts Connect is a centralized, digitized system that streamlines the purchasing process and provides tools such as prequalificat ...

SAN DIEGO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisors Shane J. Prill, CFP®, Vance E. Garwood, CFP®, and Grant Garwood, CFP®, have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $900 million in advisory, brokerage and retirement plan assets* and join LPL from Raymond James. Based in Wichita, Kan., Prill began his investment career in 1986 after gaining valuabl ...

New offering provides innovative planning solutions to support business owners from scale to saleSAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leader in the wealth management industry, is expanding its portfolio of high-net-worth services with the launch of business planning tools designed to help its network of nearly 29,000 financial advisors provide personalized support to their clients who are Chief Executive Officers (CEOs) and/or have founded their own businesses. There are more th ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

SAN DIEGO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisors Steve Schulte, CFP®, MBA, and Melissa Toler Short have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch Southwest Advisory Group. They reported serving approximately $300 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise. Based in Yuma, Ariz., Schulte has provided financial guidance and wealth management for 25 years following an ...

SAN DIEGO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Carmen M. Lex Jr., CFP®, RICP®, and Chris Lex, CRPC®, have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. The brothers reported serving approximately $630 million in advisory, brokerage and retirement plan assets* and join LPL from Corebridge Financial, formerly Valic, a subsidiary of AIG. Based in Marlton, N.J., Carmen and Chris have built a reputation f ...

SAN DIEGO, Feb. 06, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Jared Roskelley, CFP®, and Kyle Robertson, CFP®, of Jackson/Roskelley Wealth Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $345 million in advisory, brokerage and retirement plan assets* and join LPL from Ameriprise. Based in Scottsdale, Ariz., Jackson/Roskelley Wealth Advisors was founded on the principl ...

SAN DIEGO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC today announced that Rich Steinmeier, Chief Executive Officer, will present at the Bank of America Securities Financial Services Conference on February 12. The presentation takes place at 11:20 a.m. ET. A live audio webcast of the presentation will be accessible at investor.lpl.com, with a replay available on the website after the presentation. Contacts Investor Relationsinvestor.relations@lplfinancial.com Media Relationsmedia.relations@lplfinan ...

SAN DIEGO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors at Charter Oak Wealth Partners have joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with existing firm Academy Financial. They reported serving approximately $600 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic. Based in Hartford County, Conn., Charter Oak Wealth Partners was founded in 2016 by Gary Paul, CRPC®, although the practice’s roots date back ...