Core Insights - LPL Financial LLC has welcomed four financial advisors who collectively manage approximately $1 billion in advisory, brokerage, and retirement plan assets, transitioning from Osaic to LPL Financial [1][6]. Group 1: Company Overview - LPL Financial Holdings Inc. is recognized as one of the fastest-growing wealth management firms in the U.S., supporting over 28,000 financial advisors and approximately 1,200 financial institutions [6]. - The firm services and custodies around $1.8 trillion in brokerage and advisory assets for about 6 million Americans, offering a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services [6]. Group 2: Advisors' Background - John P. Schlatter, the founder of Salient Wealth Planning Group, emphasizes customized investment strategies, financial planning, and wealth preservation services, focusing on tax efficiency and generational wealth transfer [2][3]. - The advisors adopt an interdisciplinary approach to ensure comprehensive coordination and review of each client's financial situation, primarily serving high-net-worth clients [2][3]. Group 3: Strategic Partnership with LPL - The Salient team chose LPL for its advanced capabilities and commitment to exceptional customer service, highlighting the importance of a stable partner for their business [3][4]. - LPL's significant investment in technology, approximately $500 million in 2024, is appreciated by the advisors for enhancing their service offerings and operational efficiency [4]. - LPL aims to support the advisors' vision by providing elevated services and integrated technology to help them remain competitive in the evolving wealth management landscape [4].

Core Insights - Wintrust Financial Corporation has transitioned its wealth management business to LPL Financial, enhancing its service capabilities and client experience [1][2] - The strategic relationship aims to leverage LPL's platform to provide a more streamlined and personalized experience for clients and advisors [2] - Approximately $15 billion in brokerage and advisory assets have been onboarded to LPL, with an additional $1 billion expected to onboard in the coming months [2] Company Overview: Wintrust Financial Corporation - Wintrust is a financial holding company with approximately $64.9 billion in assets, operating over 200 retail banking locations across several states [3] - The company offers a range of services including residential mortgage origination, wealth management, and commercial insurance premium financing [3] Company Overview: LPL Financial - LPL Financial is one of the fastest-growing wealth management firms in the U.S., supporting over 28,000 financial advisors and approximately 1,200 financial institutions [4] - The firm services and custodies around $1.8 trillion in brokerage and advisory assets for 6 million Americans, providing various advisor affiliation models and fintech tools [4]

Core Insights - LPL Financial LLC has welcomed financial advisors William "Bill" Bruen, Jr., and Andrew Bruen, who bring approximately $1.3 billion in advisory, brokerage, and retirement plan assets to the firm from UBS [1][2] Group 1: Company Overview - LPL Financial is among the fastest-growing wealth management firms in the U.S., supporting over 28,000 financial advisors and approximately 1,200 financial institutions, with around $1.8 trillion in brokerage and advisory assets [8] Group 2: Family Legacy - The Bruen family has a rich history in investment advice and wealth management, dating back to 1922, with the establishment of James Bruen's practice [2] - Bill Bruen, Sr. served in the family business for 70 years before retiring in 2020, and now Bill and Andrew continue this legacy [2] Group 3: Business Transition - The Bruens chose to move their firm to LPL Financial to gain freedom and flexibility in evolving their family business, launching Bruen Wealth Management [4][5] - The transition allows them to operate independently while maintaining a commitment to client interests, free from corporate directives [5] Group 4: Community Engagement - Bill Bruen is actively involved in the community, serving on various boards, including the Foundation for Morristown Medical Center, while Andrew also participates in community service [5] Group 5: Partnership and Support - Andrew Koltunowicz from Paradigm Partners expressed enthusiasm for the Bruens joining, highlighting their commitment to clients and multigenerational wealth management expertise [6] - Scott Posner from LPL emphasized the importance of advisor autonomy in shaping client relationships and the firm's support for the Bruens' growth [6]

Company Overview - LPL Financial LLC has announced the addition of financial advisor Christopher Ketchen, CRPS®, to its employee advisor channel, Linsco by LPL Financial, where he will launch Katama Wealth Partners [1][6] - LPL Financial is recognized as one of the fastest-growing wealth management firms in the U.S., supporting over 28,000 financial advisors and managing approximately $1.8 trillion in brokerage and advisory assets for around 6 million Americans [7] Advisor Background - Christopher Ketchen has a career spanning since 1994, initially in the retirement plan sector, and has since expanded into comprehensive wealth management, focusing on families and corporate retirement plans [2] - Ketchen is joined by Senior Client Associate Courtney Poole, who is part of the management team at Katama Wealth Partners [2] Business Model and Strategy - Ketchen aims to operate with greater autonomy and evolve his business by joining LPL, which offers a platform that allows him to incorporate his values and focus on client relationships [3][4] - Linsco by LPL Financial is designed for advisors who seek independence while benefiting from personalized support, technology capabilities, and resources to enhance client service [4][5] Future Plans - Ketchen looks forward to collaborating with other Linsco advisors in the Boston office and is open to welcoming like-minded advisors to his practice [5] - The move to LPL provides Ketchen with increased flexibility to work with outside services, such as legal professionals and CPAs, enhancing the service offerings for his clients [5]

Key Points Summary Advisors Joining LPL Financial - Financial advisors Brian J McGill II CFP® and Michael R Hyser CFP® have joined LPL Financial’s broker-dealer RIA and custodial platforms [1] - The advisors reported serving approximately $385 million in advisory brokerage and retirement plan assets [1] - They previously worked at Kestra before joining LPL Financial [1] Background of Johns Creek Financial - Johns Creek Financial is based in Alpharetta Ga and was initially founded in 2002 [2] - Hyser and McGill merged their practices in 2019 [2] - The advisors specialize in investment services tax strategies retirement and estate planning for high-net-worth families corporate executives and business owners [2] - They are supported by wealth management assistants Stacie Alexander and Alexis Griffin [2] Advisors’ Approach and Decision to Join LPL - The advisors offer holistic planning and customized portfolios tailored to clients’ needs risk tolerance and timelines [3] - They joined LPL Financial to elevate their business and enhance experiences for their team and clients [3] - LPL’s breadth of services advanced technology solutions and investment management platform were key factors in their decision [4] - The advisors aim to leverage LPL’s robust resource capabilities and high-net-worth services to address complex matters [4] LPL Financial’s Position and Support - LPL Financial is among the fastest-growing wealth management firms in the US supporting over 28000 financial advisors and approximately 1200 financial institutions [6] - The firm services and custodies approximately $18 trillion in brokerage and advisory assets on behalf of 6 million Americans [6] - LPL provides a wide range of advisor affiliation models investment solutions fintech tools and practice management services [6] - Scott Posner LPL Executive Vice President Business Development expressed support for the advisors and their growth objectives [4] Additional Information - LPL Financial Holdings Inc is listed on Nasdaq under the ticker LPLA [6] - The firm’s services are offered through LPL Financial a registered investment advisor and broker-dealer member FINRA/SIPC [7] - Johns Creek Financial and LPL are separate entities [7]

Expanded, scalable Marketing Solutions help advisors grow through sophisticated and highly customizable client and prospect engagementSAN DIEGO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leader in the wealth management industry, is helping its advisors deepen client relationships and accelerate business growth with an enhanced and expanded portfolio of Marketing Solutions. The expansion includes a new Digital Marketing Platform that streamlines effective communication with clients and prospects ...

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.While many investors like to look for moment ...

Core Viewpoint - LPL Financial Holdings Inc. (LPLA) has received a Zacks Rank 2 (Buy) upgrade due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Impact - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [3]. - Institutional investors utilize earnings estimates to calculate the fair value of a company's shares, leading to buying or selling actions that affect stock prices [3]. Business Improvement Indicators - The rising earnings estimates and the Zacks rating upgrade for LPL Financial suggest an improvement in the company's underlying business, which could lead to higher stock prices as investors respond positively [4]. Importance of Earnings Estimate Revisions - Empirical research supports the correlation between earnings estimate revisions and near-term stock movements, making tracking these revisions beneficial for investment decisions [5]. - The Zacks Rank stock-rating system effectively utilizes earnings estimate revisions to classify stocks, enhancing its utility for investors [5][6]. Specific Earnings Estimates for LPL Financial - For the fiscal year ending December 2024, LPL Financial is expected to earn $16.08 per share, reflecting a 2.3% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for LPL Financial has increased by 3.7% [7]. Zacks Rating System Overview - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings across its universe of over 4000 stocks, with only the top 5% receiving a 'Strong Buy' rating [8]. - The upgrade of LPL Financial to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].

SAN DIEGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Larry Forlenza, CRPC®, and Carl Hanks, CRPC®, have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $430 million in advisory, brokerage and retirement plan assets* and join LPL from Raymond James Financial Services. Based in Morristown, N.J., Hanks and Forlenza have reunited with Morristown Wealth Management, which includes fellow advisors Don Giovanell ...

Core Insights - LPL Financial LLC has welcomed financial advisor Marcus S. Alexander to its employee advisor channel, Linsco by LPL Financial, where he will launch Alexander Wealth Solutions, managing approximately $340 million in advisory, brokerage, and retirement plan assets [1][3][4] - Alexander's move to LPL is driven by a desire for greater autonomy and the ability to leverage LPL's resources to enhance client service [4][5] - LPL Financial is recognized as one of the fastest-growing wealth management firms in the U.S., supporting over 28,000 financial advisors and managing approximately $1.8 trillion in brokerage and advisory assets [7][8] Company Overview - LPL Financial Holdings Inc. operates as a leader in the financial advisor-mediated marketplace, providing a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services [7][8] - The firm services and custody assets on behalf of around 6 million Americans, ensuring flexibility for advisors and institutions in choosing their business models and resources [8] Advisor Insights - Marcus S. Alexander, originally from Wimbledon, England, has a strong educational background with an MBA from Duke University and experience living in various global cities [2][3] - He emphasizes a personal approach to investment planning, focusing on understanding clients' specific goals and needs [3][4] - Alexander's enthusiasm for running and sports reflects his dynamic personality, which he channels into building relationships with clients [5]