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LPL Financial Earns Perfect Score for 4th Consecutive Year in HRC Foundation’s Annual Corporate Equality Index
CHARLOTTE, N.C., Feb. 14, 2022 (Globe NEWSWIRE) — LPL Financial LLC, a top retail investment decision advisory business and impartial broker-seller, currently declared that it has been given a rating of 100 percent in the Human Rights Marketing campaign Foundation’s 2022 Company Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring company procedures and procedures linked to LGBTQ+ office equality. This is the fourth yr in a row LPL has acquired a ideal score. The CEI premiums businesses dependent on in-depth conditions falling under four central pillars: non-discrimination procedures throughout enterprise entities equitable positive aspects for LGBTQ+ staff and their families supporting an inclusive society and company social…
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LPL Financial, Synergy Wealth Alliance Welcome Two New Financial Advisors
CHARLOTTE, N.C. , Feb. 15, 2022 (World NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisors Dude Blakey, CFP® and Karl Willard, CFP® have joined LPL Financial’s broker-vendor, company registered financial commitment advisor (RIA) and custodial platforms, aligned with Synergy Prosperity Alliance, an existing LPL firm. The advisors reported to LPL that they served close to $320 million in advisory, brokerage and retirement plan property,* and they sign up for from Securities The united states, aspect of the Advisor Team community of broker-sellers. Blakey and Willard achieved in 1986 functioning for the similar employer. Within about a year, the pair – similarly passionate about their operate –…
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Advisors Join LPL Financial, Stratos to Launch Independent Firm, Outcome Private Wealth
CHARLOTTE, N.C., Feb. 17, 2022 (World NEWSWIRE) — LPL Monetary LLC declared nowadays that money advisors Jason J. Howard, CFP®, CIMA, AIF, Shane Kunz, CFP®, CIMA and Chad Horne, CPWA have joined LPL Economic to launch an impartial exercise, Consequence Personal Wealth. They are aligned with Stratos Prosperity Companions. The staff reported having served $1 billion in advisory, brokerage and retirement approach belongings.* They sign up for from Wells Fargo Advisors. Dependent in Salt Lake Town, the trio of advisors has labored together for far more than a 10 years, every bringing a exclusive qualifications and perspective to the agency. Collectively, they present holistic expenditure information, fiscal planning and wealthcare…
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LPL Financial Reports Monthly Activity For January 2022
SAN DIEGO, Feb. 17, 2022 (GLOBE NEWSWIRE) — LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for January 2022. Total advisory and brokerage assets at the end of January were approximately $1.16 trillion, a decrease of $49 billion, or 4.0%, compared to the end of December 2021. Total net new assets for January were $6.1 billion, translating to a 6.0% annualized growth rate. Total net new advisory assets were $5.9 billion, translating to an 11.0% annualized growth rate. Total client cash balances at the end of January were $58.4 billion, an increase of $1.1 billion compared…
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Financial Advisor Mark Ross Joins Linsco by LPL Financial
CHARLOTTE, N.C., Feb. 22, 2022 (Globe NEWSWIRE) — LPL Monetary LLC (Nasdaq:LPLA) announced nowadays that financial advisor John “Mark” Ross has joined LPL, affiliating with Linsco by LPL, the firm’s staff advisor product. He described possessing served roughly $100 million in advisory, brokerage and retirement prepare property* and joins LPL from Wells Fargo Advisors. For far more than two decades, Ross has aided consumers construct, control, preserve and changeover their prosperity to potential generations, getting a hands on solution to serving to them form their goals and operate toward their lengthy-time period plans. Primarily based in Bozeman, Mont., Ross mainly serves business house owners and ranchers across several states, with a…
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LPL Financial Welcomes Father-Son Team, Steve and Jeremy Friedman
CHARLOTTE, N.C., Feb. 02, 2022 (World NEWSWIRE) — LPL Financial LLC (Nasdaq: LPLA) announced now that father and son economical advisors Steve and Jeremy Friedman have joined LPL Financial’s broker-supplier, hybrid registered financial investment advisor (RIA) and custodial platforms, aligned with Silverleaf Wealth Administration, an current LPL agency. The father-son crew joins from Raymond James and noted to LPL it served around $200 million in advisory, brokerage and retirement strategy belongings*. Collectively, the pair provides far more than 60 decades of working experience supporting a assortment of clients via custom-made investment and prosperity management approaches that tackle their exclusive requires. With a qualifications in information know-how, Jeremy grew up viewing his…
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LPL Financial Announces Fourth Quarter and Full Year 2021 Results
Fourth Quarter 2021 Key Financial Results Net Income was $108 million, translating to diluted earnings per share (“EPS”) of $1.32. EPS prior to amortization of intangible assets and acquisition costs* increased 7% year-over-year to $1.63. Gross profit* increased 20% year-over-year to $643 million. Core G&A* increased 19% year-over-year to $299 million. Prior to Waddell & Reed-related costs, Core G&A* increased 10% year-over-year. EBITDA* increased 4% year-over-year to $225 million and EBITDA* as a percentage of Gross profit* was 35%. Fourth Quarter 2021 Key Business Results Total advisory and brokerage assets increased 34% year-over-year to $1.21 trillion. Advisory assets increased 39% year-over-year to $643 billion. Advisory assets as a percentage of total…
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LPL Financial, Cornerstone Wealth Management Welcome Planify Group
CHARLOTTE, N.C., Feb. 08, 2022 (Globe NEWSWIRE) — LPL Monetary LLC (Nasdaq: LPLA) introduced right now that Planify Team has joined LPL Financial’s broker-dealer, company registered investment advisor (RIA) and custodial platforms, aligned with LPL-affiliated business Cornerstone Wealth Management. Signing up for from MassMutual, Planify Group reported to LPL that it served somewhere around $550 million in advisory, brokerage and retirement system assets.* Based mostly in St. Louis, Planify is comprised of economic advisors Todd Gentry, Joe Heitkamp, Nick Dragan, Valerie Baker, Shannon Lewandoski and Rachel Burks. Each individual workforce member provides diverse spots of expertise and artistic imagining to their work serving a variety of customers, like organization proprietors,…
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LPL Financial Advisors Named to 2022 Forbes Top Women Advisor Lists
CHARLOTTE, N.C., Feb. 09, 2022 (World NEWSWIRE) — LPL Fiscal LLC (Nasdaq:LPLA) congratulates the 26 LPL-affiliated advisors who have been identified on the 2022 Forbes Major Females Prosperity Advisors and Top Ladies Wealth Advisors Finest-in-Point out lists. These studies discover U.S.-centered feminine money advisors who are foremost the way in featuring money information and finest procedures to their consumers, in accordance to Forbes. The adhering to women of all ages have been identified as both equally Top 100 Women Wealth Advisors and Top Ladies Prosperity Advisors Best-in-Point out: Laila Pence, Pence Prosperity Management, Newport Seashore, Calif. Kay Lynn Mayhue, Benefit Financial Advisors, Alpharetta, Ga. Susan Kaplan, Kaplan Economical Companies, Newton, Mass.…
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LPL Financial, Gladstone Welcome Father-Daughter Team
CHARLOTTE, N.C., Jan. 18, 2022 (World NEWSWIRE) — LPL Fiscal LLC declared now that fiscal advisors John and Jennifer Tarantino have joined LPL Financial’s broker-dealer, corporate registered investment decision advisor (RIA) and custodial platforms, aligned with Gladstone Wealth Partners, a significant enterprise on LPL’s hybrid RIA system. They documented to LPL that they serve somewhere around $250 million in advisory, brokerage and retirement approach assets,* and be part of from Morgan Stanley. The father-daughter team has more than 50 yrs of put together encounter, making use of their household values of integrity, transparency and empathy to aid people in this generation and the next. With a qualifications in teaching, John’s…