Core Insights - LenderMAC has entered into a strategic relationship with Ares Alternative Credit funds, involving a structured debt investment and buying arrangement, which will enhance LenderMAC's growth and origination efforts [1][2] - The partnership is expected to accelerate LenderMAC's growth trajectory in 2026, as the company aims to expand its product offerings and customer base while maintaining cost efficiency for homeowners [2] Company Overview - LenderMAC, founded in 2021 and headquartered in Cypress, California, specializes in a diversified portfolio of mortgage products and services, focusing on innovative lending solutions [4] - Since its acquisition in May 2025, LenderMAC has achieved significant milestones, including establishing a wholesale channel, expanding its lending footprint to over 20 states, and funding its first $100 million in loans [2] Strategic Developments - The collaboration with Ares is seen as a significant opportunity for LenderMAC to capitalize on market growth, with Ares expressing enthusiasm about working with LenderMAC's management team [3] - LenderMAC has refined its AI platform to enhance operational efficiency, including the development of a bank statement analyzer and other AI-driven initiatives [2] Ares Management Overview - Ares Management Corporation is a leading global alternative investment manager with over $572 billion in assets under management as of June 30, 2025, offering investment solutions across various asset classes [5]

Core Insights - LPL Financial Holdings Inc. has transitioned the support of First Horizon Bank's broker-dealer and investment advisory services program to its platform, enhancing service capabilities for First Horizon Advisors [1][2] - The integration is expected to provide personalized advice and foster growth and stronger client relationships [2] - As of August 2025, approximately $12 billion of brokerage and advisory assets have been onboarded to LPL, with more expected in the coming months [2] Company Overview: First Horizon Corporation - First Horizon Corporation, with $82.1 billion in assets as of June 30, 2025, is a regional financial services company operating primarily in the southern U.S. [3] - The company offers a wide range of services including commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking [3] - First Horizon has received recognition as one of the best employers and a top reputable bank in the U.S. [3] Company Overview: LPL Financial - LPL Financial Holdings Inc. is a leading wealth management firm in the U.S., supporting over 29,000 financial advisors and approximately 1,100 financial institutions [4] - The firm services and custody approximately $1.9 trillion in brokerage and advisory assets for around 7 million Americans [4] - LPL provides various advisor affiliation models, investment solutions, fintech tools, and practice management services to support advisors and institutions [4]