SAN DIEGO, May 22, 2025 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that Beacon Financial has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms, aligning with Momentum Wealth Partners, an existing firm supporting LPL-affiliated advisors. The Beacon Financial team of 10 advisors reported having served approximately $850 million in advisory, brokerage and retirement plan assets* and joins LPL from Cetera. Based in Toledo, Ohio, Beacon Financial is led ...

Core Insights - LPL Financial LLC has welcomed financial advisors Duane Dollar and Phillip Owens, who have launched PCC Wealth Partners, managing approximately $315 million in advisory, brokerage, and retirement plan assets [1][2][9] - The advisors have nearly 50 years of combined experience and focus on providing customized investment strategies, particularly for clients nearing or in retirement [2][3] - The transition to LPL Financial is seen as a move towards greater independence and flexibility, allowing the advisors to enhance their client service and business growth [4][6] Company Overview - LPL Financial Holdings Inc. is one of the fastest-growing wealth management firms in the U.S., supporting over 29,000 financial advisors and approximately 1,200 financial institutions [6] - The firm services and custody approximately $1.8 trillion in brokerage and advisory assets for around 7 million Americans [6] - LPL offers a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services, enabling advisors to choose the best business model and resources for their needs [6]

Formed in 1989 as an accessible alternative to traditional Wall Street firms, LPL Financial is now among the most successful companies in wealth management. Through the company's vast network of independent financial advisors as well as advisors affiliated with financial institutions, including banks, credit unions and insurance companies, LPL now services and custodies approximately $1.8 trillion in assets on behalf of approximately 7 million Americans. "We're stepping into the spotlight to embrace the sam ...

LPL Financial (LPLA) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Rich Steinmeier - CEOMatt Audette - President & CFODevin Ryan - Director of Financial Technology ResearchSteven Chubak - Managing DirectorChristopher O'Brien - Equity Research AVP - Brokers, Exchanges, & Asset Managers Conference Call Participants Michael Cyprys - AnalystAlex Blostein - AnalystDan Fannon - Managing Director - Research AnalystMichael Brown - Equity Research AnalystWilliam Katz - Senior Equity AnalystJeff ...

Oppenheimer Holdings (OPY) FY 2025 Annual General Meeting May 05, 2025 04:30 PM ET Speaker0 Hello, and welcome to the Annual Meeting of Stockholders of Oppenheimer Holdings Incorporated. During the meeting, you can submit questions or comments at any time. If you are a Class B shareholder, you may enter a question or comment at any time by clicking on the q and a icon. If you are a Class A shareholder and have a question, you may e mail that question to infopco dot com. It is now my pleasure to turn today's ...

Stifel Financial (SF) Q1 2025 Earnings Call April 23, 2025 09:30 AM ET Company Participants Joel Jeffrey - SVP - IRRonald J. Kruszewski - Chairman & CEOJames Marischen - CFODevin Ryan - Director of Financial Technology ResearchAlex Blostein - Managing DirectorSteven Chubak - Managing DirectorChristopher Allen - Managing Director Conference Call Participants Michael C. Brown - Equity Research Analyst - Asset Managers, Brokers and ExchangesWilliam Katz - Senior Equity Analyst Operator Good day, and welcome to ...

Core Insights - Commerce Bancshares is experiencing growth in its wealth management business, with trust fees increasing by 11% year over year, driven by higher private client fees [1][3] - The company's non-interest income grew by 7% year over year, contributing to revenue diversification [2] - Non-interest income reached $159 million, accounting for 37.1% of total revenue, with trust fees specifically contributing $57 million [3] Wealth Management Growth - The wealth management business's trust fees increased by 10.7% compared to the same period last year, reflecting the company's strategic focus on this area [3] - Commerce Bancshares aims to expand its wealth management services by utilizing a new private banking loan and deposit system and entering new markets where wealth is concentrated [3] Financial Performance - The net interest income for Commerce Bancshares grew by 8% year over year, reaching a record high of $269 million in the first quarter [4] - The bank's credit profile remains strong, with robust capital and liquidity levels, positioning it well to serve customers amid economic uncertainties [5] Economic Outlook - The company acknowledges increasing uncertainty in the economic outlook due to tariffs, trade restrictions, and capital market adjustments, but believes it is well-positioned to navigate potential disruptions [6]

Mogo Inc. (NASDAQ:MOGO) Q4 2024 Earnings Conference Call March 20, 2025 10:30 AM ET Company Participants Craig Armitage ??? Investor Relations Dave Feller ??? Chief Executive Officer Greg Feller ??? President and Chief Financial Officer Conference Call Participants Scott Buck ??? H.C. Wainwright Operator Good morning, ladies and gentlemen, and welcome to Mogo Inc. Q4 2024 Financial Results Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a questio ...