LPL Financial to Acquire Atria Wealth Solutions

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.

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 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.

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.

Atria Wealth Solutions Acquires Grove Point Financial

September 5, 2023

Financial Services

Atria Wealth Solutions has completed the acquisition of Grove Point Financial, a Rockville, Maryland-based independent wealth management firm. The deal brings approximately 400 independent financial professionals and about $15 billion of assets under administration to Atria, expanding its advisor network and scale across its multi-channel wealth management platform.

Atria Wealth Solutions Acquires SCF Securities, Inc.

January 27, 2021

Financial Services

Atria Wealth Solutions has acquired 100% of SCF Securities, Inc., SCF Investment Advisors, Inc., and SCF Marketing, Inc., bringing the independent Fresno-based wealth management firm into Atria's broker-dealer family. The deal expands Atria's advisor footprint and fee-based assets under administration — adding SCF's ~150 independent financial professionals and increasing Atria's total financial professionals to roughly 2,500 and AUA to nearly/over $95 billion.