Core Points - LPL Financial Holdings Inc. will report its third quarter financial results on October 30, 2025, after market close [1] - A conference call to discuss the results will take place at 5 p.m. ET on the same day, with replay available [1] Company Overview - LPL Financial is one of the fastest growing wealth management firms in the U.S., supporting over 29,000 financial advisors and approximately 1,100 financial institutions [2] - The company services and custody approximately $1.9 trillion in brokerage and advisory assets for around 7 million Americans [2] - LPL provides a variety of advisor affiliation models, investment solutions, fintech tools, and practice management services [2]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Bill Crager, who stepped down from his post as Envestnet CEO last year, has resurfaced at a private markets infrastructure company. Crager has joined iAltA Holdings as a founding partner. iAltA Holdings launched in May 2025 with initial funding of $20 million led by WestCap, a strategic operating and investing firm that incubated iAltA. The startup aims to build a digital infrastructure that uni ...

Core Insights - The ability for college athletes to monetize their name, image, and likeness (NIL) has created both opportunities and challenges for financial advisors [1][2] - Financial advisors emphasize the need for education and guidance for young athletes who receive large paychecks [2][4] Group 1: Changes in Regulations - The NCAA changed rules in 2021 to allow college athletes to profit from endorsements, subscriptions, and licensing deals [3] - A recent federal judge approved a $2.8 billion lawsuit settlement that allows schools to pay student athletes directly, in addition to traditional tuition scholarships [3] Group 2: Financial Advisory Challenges - Financial advisors report that working with athlete clients requires significantly more effort compared to traditional clients, often due to late engagement with financial planning [2] - Advisors highlight the importance of educating athletes about basic financial concepts, such as the difference between stocks and bonds, and understanding taxes [4] Group 3: Family and Social Dynamics - Family and friends can pose challenges for athletes experiencing sudden wealth, with advisors noting that relatives often seek financial assistance [5] - Advisors recommend providing athletes with business cards to manage requests from family and friends effectively [5]

Core Insights - Bernstein Private Wealth Management has launched the Bernstein PEP, a pooled employer plan aimed at enhancing retirement benefit options for small to mid-sized businesses and private equity firms [1][2] - The new plan simplifies management, reduces costs, and provides greater investment access, addressing the gaps in governance and administrative efficiency that many small businesses face [2][3] Group 1: Product Offering - The Bernstein PEP is designed to provide a streamlined and cost-effective retirement solution, allowing employers to offer competitive benefits without the complexities of traditional 401(k) plans [1][2] - The plan combines institutional quality investments with intuitive participant engagement tools and simplified oversight, enhancing the overall experience for both employers and employees [2][4] Group 2: Market Context - Pooled employer plans (PEPs) were introduced by the SECURE Act in 2019, allowing multiple unrelated employers to participate in a single retirement plan managed by a third-party provider, thus reducing administrative and compliance burdens [3] - The SECURE Act aims to close the retirement savings gap for U.S. employees who lack employer-sponsored plans, making it easier for small to mid-sized employers to offer retirement benefits [3] Group 3: Company Background - Bernstein, as part of AllianceBernstein, manages over $142.2 billion in defined contribution assets and provides institutional caliber advice and pricing for employer-sponsored retirement plans [4][5] - The firm focuses on delivering value to businesses and their employees through effective retirement benefits, supported by dedicated defined contribution specialists [4]

Business Strategy - Lloyds acquired Schroders' minority stake in their wealth management and advice joint venture [1] - The acquisition is part of Lloyds' strategy to strengthen relationships with affluent customers [1]

Summary of Key Points from the Fintech Radar | Europe Industry Overview - The report covers developments in the fintech industry, particularly focusing on new product launches, mergers and acquisitions, and funding activities within the sector. Key Companies and Developments 1. **OpenAI** - Launched Instant Checkout, allowing US users to purchase directly from Etsy sellers via ChatGPT, with plans to integrate over a million Shopify merchants soon [1][4][7] 2. **Wealthfront** - Filed for an IPO on the Nasdaq under the ticker WLTH, reporting a net income of $61 million on revenues of $175.6 million for 1H25, a decline from $132 million net income on $145.9 million revenues in 1H24 [1][5] 3. **Fiserv** - Signed an agreement to acquire StoneCastle Cash Management to enhance institutional deposit funding capacity, aiming to improve financial institutions' balance sheets and liquidity. The transaction is expected to close by 1Q26 [2][5] 4. **Viamericas** - Raised $114 million to expand its global remittance network, currently operating 300,000 payout locations in 95 countries [3][5] 5. **Swift** - Announced plans to add a blockchain-based ledger to its infrastructure, collaborating with over 30 financial firms to enhance transaction validation and enable real-time cross-border payments [8][5] 6. **Visa** - Launched a pilot program for pre-funded stablecoins to facilitate cross-border payments, allowing businesses to pre-fund Visa Direct with stablecoins [10][11][5] 7. **Nubank** - Applied for a US federal banking charter to expand its operations in the US, allowing it to offer deposit accounts, credit cards, and lending services [14][15][5] 8. **Circle and Deutsche Börse** - Collaborated to advance stablecoin adoption in Europe, focusing on integrating Circle's stablecoins within Deutsche Börse's financial infrastructure [15][5] Financial Trends and Insights - The fintech sector continues to attract significant funding, with US fintechs leading with approximately $16.1 billion raised YTD, followed by Europe at $9.3 billion and Asia at $6.1 billion [19][20][22] Additional Insights - Fiserv's management expressed a commitment to modernizing core platforms and expanding services for small and medium-sized businesses, despite concerns about meeting medium-term growth targets [9][5] - The report highlights the strategic importance of stablecoin integration and blockchain technology in enhancing liquidity and operational efficiency across financial institutions [10][11][8][15]

Core Insights - Thryve Wealth Management has launched with $270 million in managed assets after spinning out from Strive Asset Management, co-founded by Vivek Ramaswamy [1][2] - The firm aims to differentiate itself through a focus on future investments, particularly in artificial intelligence, quantum computing, and digital currencies [2] - Thryve's client portfolios emphasize "American exceptionalism" and include advanced strategies for digital currencies [4] Company Overview - Thryve is led by CEO Gary K. Dorfman, who emphasizes an entrepreneurial spirit and minimal bureaucracy [5] - The firm was previously part of Strive Asset Management's RIA business and is now fully independent [2] - Ramaswamy, while no longer running Strive, retains an advisory role and is the majority shareholder [6] Investment Strategy - Thryve's approach contrasts with traditional portfolio models, focusing on long-term value creation rather than just assets under management [5] - The firm aims to attract investors interested in innovative financial strategies, particularly in the context of emerging technologies [2][4]

Mercer Global Advisors, a large, national registered investment advisory firm, has acquired Singer Burke, a Los Angeles based wealth manager catering to ultrawealthy clients, including many in the entertainment industry. The acquisition closed Sept. 30. ...

We came across a bullish thesis on LPL Financial Holdings Inc. on investing subreddit by InternationalTop4495. In this article, we will summarize the bulls’ thesis on LPLA. LPL Financial Holdings Inc.'s share was trading at $336.52 as of September 25th. LPLA’s trailing and forward P/E were 23.07 and 23.47 respectively according to Yahoo Finance. 11 Best Growth Stocks to Buy and Hold Forever LPL Financial Holdings Inc. (LPL) presents a compelling investment opportunity following a sharp 7.5% sell-off, whi ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. A lot of the application of artificial intelligence in the wealth management industry has centered on the marketing and operations departments. But AI is also reshaping the investment process. There are many applications for AI in investment management, but buying and selling securities should still be left to humans, argued panelists at the RIA Edge Los Angeles conference this week. “In invest ...