LPL Financial to Acquire Atria Wealth Solutions

LPL Financial to Acquire Mariner Advisor Network Segment

April 16, 2026

Financial Services

LPL Financial Holdings has entered into a definitive purchase agreement to acquire Mariner Advisor Network, a segment of Mariner Wealth Advisors. In partnership with Private Advisor Group, 223 advisors will remain affiliated with LPL, while 144 hybrid advisors will transition to Private Advisor Group’s hybrid RIA model on the same LPL platform.

LPL Financial Acquires Minority Stake in Private Advisor Group

November 20, 2025

Wealth Management

LPL Financial Holdings Inc. has acquired a minority ownership stake in Private Advisor Group, the Morristown, New Jersey–based RIA with $41.3 billion in AUM. Republic Capital Group served as the investment banking advisor to Private Advisor Group. The investment joins LPL with existing minority owner Merchant Investment Management and six legacy shareholders to deepen strategic ties and expand programs, technology, and operational support for advisors.

LPL Financial to Acquire The Investment Center, Inc.

September 4, 2024

Financial Services

LPL Financial LLC entered into a definitive agreement to acquire The Investment Center, Inc., a Bedminster, New Jersey-based broker-dealer and registered investment adviser. The Investment Center supports roughly 240 advisors and approximately $9 billion in brokerage and advisory assets, and the deal is expected to close in the first half of 2025 subject to regulatory approval and other conditions.

LPL Financial Acquires Crown Capital Securities' Wealth Management Business

May 8, 2024

Wealth Management

LPL Financial has closed its acquisition of the wealth management business of Crown Capital Securities, L.P., a full-service broker-dealer and registered investment advisor based in Orange County, California. Approximately 125 advisors representing about $1.3 billion of brokerage and advisory assets have been onboarded to LPL as of May 8, 2024, with roughly $3.7 billion expected to transfer in the coming months.

Atria Wealth Solutions Acquires Western International Securities

May 20, 2020

Financial Services

Atria Wealth Solutions completed the acquisition of Western International Securities (WIS), adding WIS's more than 400 independent financial advisors and roughly $11 billion of assets under administration to Atria's platform. The deal expands Atria's advisor affiliation models (including a turnkey branch solution) and increases its scale to serve nearly 2,500 advisors with about $75 billion of AUA across five broker-dealers.

Atria Wealth Solutions Acquires NEXT Financial Group, Inc.

January 8, 2019

Financial Services

Atria Wealth Solutions agreed to acquire 100% of NEXT Financial Group, Inc. (and its sister companies Next Financial Insurance Services Company and Visionary Asset Management, Inc.), bringing roughly 500 advisors and about $13 billion in AUA into Atria's platform. The deal expands Atria's footprint in the independent advisor channel and will increase Atria's total advisors served to nearly 2,000 and AUA to approximately $65 billion upon closing.