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Wintrust Financial Corporation Completes Integration with LPL Platform
LPLALPL Financial(LPLA) GlobeNewswire·2025-01-28 14:00

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 15billioninbrokerageandadvisoryassetshavebeenonboardedtoLPL,withanadditional15 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 64.9billioninassets,operatingover200retailbankinglocationsacrossseveralstates[3]−Thecompanyoffersarangeofservicesincludingresidentialmortgageorigination,wealthmanagement,andcommercialinsurancepremiumfinancing[3]CompanyOverview:LPLFinancial−LPLFinancialisoneofthefastest−growingwealthmanagementfirmsintheU.S.,supportingover28,000financialadvisorsandapproximately1,200financialinstitutions[4]−Thefirmservicesandcustodiesaround64.9 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]