LPL Financial in the news

UBS slightly lowered its price target for LPL Financial to $390 while keeping a Buy rating.

Legacy Financial Group, led by financial advisor Brad Jerome, has joined LPL Financial's platforms, bringing approximately $175 million in advisory, brokerage, and retirement plan assets.

LPL Financial Holdings reports strong advisor recruitment, with new firms joining its platforms, influencing its investment narrative, and projecting significant revenue and earnings growth by 2029.

Multiple wealth management firms, including Cerity Partners, LPL Financial, Bluespring Wealth Partners, and Savant Wealth Management, announced acquisitions and team additions, while Emil Ben-David joined Prime Capital Financial.

LPL Financial received a Buy rating from BMO Capital and Bank of America Securities, despite negative corporate insider sentiment.

LPL Financial Holdings Inc. is scheduled to announce its third-quarter 2026 financial results and host a conference call on October 27, 2026.

BMO Capital Markets reduced LPL Financial's price target to $370.00 despite the company reporting strong Q2 earnings and significant institutional investment.

LPL Financial onboarded Praxis Financial Partners, a wealth management firm with $1.1 billion in assets, from Wells Fargo Advisors Financial Network to its advisory platform.

LPL Financial secured a $1.1 billion advisory team from Wells Fargo, while Wells Fargo's employee channel simultaneously recruited a $410 million team from UBS.

LPL Financial onboarded Praxis Financial Partners, a financial advisory team with $1.1 billion in assets under management from Wells Fargo, to its platform.

LPL Financial reported strong Q2 earnings with significant revenue growth and beats on EBITDA and EPS, though its stock performance lagged, while other investment banking firms experienced mixed results.

LPL Financial recruited the $1.1 billion Praxis Financial Partners team from Wells Fargo's FiNet to its independent broker/dealer and RIA platform.

Praxis Financial Partners, a wealth management practice serving $1.1 billion in assets, joined LPL Financial's platform for enhanced flexibility and technology.

Praxis Financial Partners, with $1.1 billion in client assets, moved its independent financial advisory business to LPL Financial's platform.

LPL Financial recruited Praxis Financial Partners, a $1.1 billion advisory team from Wells Fargo's FiNet, to its RIA and broker-dealer platform.

LPL Financial's stock received a "market outperform" rating from Citizens Jmp with a $500.00 target, alongside positive earnings and trading performance, despite some insider stock sales.

BofA Securities cut LPL Financial Holdings' stock price target and earnings estimates due to lower cash balances, while maintaining a Buy rating.

LPL Financial Holdings Inc. (LPLA) saw a 4.7% stock increase driven by investor optimism following strong August activity showing higher client assets and robust organic net new asset growth, along with a bullish analyst initiation from Wells Fargo.

LPL Financial Holdings Inc shares increased by 4.9% to $331.98, and while GuruFocus indicates the stock is undervalued, unprofitability and insider selling raise concerns.

A four-advisor team, Praxis Financial Partners, managing $1.1 billion in client assets, joined LPL Financial from Wells Fargo's Independent Financial Network.