Tracked deals
17
17 tracked deals across 2021-2026.
Public Company
Financial Services
LPL Financial
San Diego, California, United States
LPL Financial Holdings Inc. (Nasdaq: LPLA) is a leading wealth management firm and advisor-mediated marketplace. It supports financial advisors and affiliated wealth management practices and provides custody, clearing, technology, investment solutions and practice management services, serving both advisors and approximately 1,200 financial institutions.
- Focus Areas
- Wealth management distribution, Advisor platform / broker-dealer, Registered investment adviser (RIA) custody and practice management
- Website
- www.lpl.com
Recent pace
8
8 tracked deals announced in the last 12 months.
Deal mix
Buyout
8 buyout · 6 growth capital · 2 divestiture
LPL Financial Acquisition Volume by Year
Last 5 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 17 tracked deals for LPL Financial.
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October 6, 2026
- Buyer
- LPL Financial
- Target
- Praxis Financial Partners
- Seller
- Wells Fargo Advisors Financial Network
- Industry
- Wealth Management
- Location
- Georgia, United States
- Type
- Growth capital
LPL Financial added Praxis Financial Partners to its broker-dealer and Registered Investment Advisor (RIA) platform. The move brings Praxis’s wealth management team, based in Alpharetta, Georgia, and serving approximately $1.1 billion in advisory, brokerage and retirement plan assets, into LPL’s advisor network.
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September 25, 2026
- Buyer
- LPL Financial
- Target
- Cornerstone Advisors
- Seller
- Northwestern Mutual (advisor team affiliation prior to joining LPL)
- Industry
- Wealth Management
- Location
- Utah, United States
- Type
- Growth capital
LPL Financial added the financial advisors of Cornerstone Advisors, a Salt Lake City-area wealth management practice with approximately $1 billion in combined assets cited across the two firms in the announcement. The advisors joined LPL’s broker-dealer, registered investment advisor, and custodial platforms while retaining Cornerstone’s separate business identity.
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- Buyer
- LPL Financial
- Target
- Clear Pointe Wealth Management
- Seller
- Northwestern Mutual (advisor team affiliation prior to joining LPL)
- Industry
- Wealth Management
- Location
- Utah, United States
- Type
- Growth capital
LPL Financial added the financial advisors of Clear Pointe Wealth Management, a Salt Lake City-area wealth management practice. The advisors joined LPL’s broker-dealer, registered investment advisor, and custodial platforms while planning to retain their separate business identity and operate with a shared office.
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August 21, 2026
- Buyer
- LPL Financial
- Target
- McCutchen Wesson Wealth Advisors
- Seller
- Edward Jones
- Industry
- Financial Services
- Location
- Arkansas, United States
- Type
- Addon
LPL Financial added McCutchen Wesson Wealth Advisors, an advisory team based in Marion, Arkansas, which serves approximately $190 million in client assets. The team—led by financial advisors Paul McCutchen and Jarod Wesson—joins LPL from Edward Jones and cited LPL’s independent model and expanded investment, planning, banking, and lending resources as key reasons for the move.
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July 27, 2026
- Buyer
- LPL Financial
- Target
- Williams Tax & Financial Services
- Seller
- Cetera
- Industry
- Wealth Management
- Location
- California, United States
- Type
- Growth capital
LPL Financial announced that the advisors of Williams Tax & Financial Services have joined its broker-dealer and Registered Investment Advisor platform, leaving Cetera. The team manages approximately $340 million in advisory, brokerage, and retirement plan assets.
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- Buyer
- LPL Financial
- Target
- Buell Wealth Management
- Industry
- Financial Services
- Location
- Connecticut, United States
- Type
- Growth capital
LPL Financial announced that the financial advisors of Buell Wealth Management have joined its broker-dealer and Registered Investment Advisor platform. The team manages approximately $370 million in advisory, brokerage, and retirement plan assets and will continue serving clients across 21 states.
-
April 16, 2026
- Buyer
- LPL Financial Holdings Inc., Private Advisor Group, LLC
- Target
- Mariner Advisor Network (segment of Mariner Wealth Advisors)
- Seller
- Mariner Wealth Advisors
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
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.
-
November 20, 2025
- Buyer
- LPL Financial Holdings Inc.
- Target
- Private Advisor Group
- Industry
- Wealth Management
- Location
- New Jersey, United States
- Type
- Growth capital
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.
-
August 1, 2025
- Buyer
- LPL Financial Holdings Inc., LPL Financial LLC
- Target
- Commonwealth Financial Network
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Type
- Buyout
LPL Financial Holdings Inc., together with its subsidiaries, has completed the acquisition of Commonwealth Financial Network, a wealth management firm that supports roughly 3,000 advisors and manages about $305 billion in assets. Commonwealth will operate as a wholly owned portfolio company while its advisors are onboarded to LPL's platform, and Commonwealth's CEO Wayne Bloom will continue to lead the business within LPL.
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- Buyer
- LPL Financial
- Target
- Carmichael Financial
- Seller
- Osaic
- Industry
- Financial Services
- Location
- Utah, United States
- Type
- Divestiture
LPL Financial announced that financial advisor Michael Carmichael, founder of Carmichael Financial, has joined LPL’s broker‑dealer, RIA and custodial platforms, bringing approximately $190 million in advisory, brokerage and retirement plan assets. Carmichael joins LPL from Osaic to access LPL’s technology, resources and M&A support as he grows his multi‑office practice operating in Tucson, Arizona; Englishtown, New Jersey; and Logan, Utah.
-
December 16, 2024
- Buyer
- LPL Financial
- Target
- Stonebrook Wealth Partners, Francisco J. Blanco (advisory practice)
- Industry
- Financial Services
- Location
- Florida, United States
- Type
- Buyout
LPL Financial announced that financial advisor Francisco J. Blanco (bringing approximately $200 million in advisory, brokerage and retirement plan assets) has joined LPL's broker-dealer, RIA and custodial platforms. Blanco merged his practice with Stonebrook Wealth Management (founded by Joe Mazzucco) to form Stonebrook Wealth Partners, which will operate on LPL’s platforms to provide wealth management and retirement planning services.
-
September 4, 2024
- Buyer
- LPL Financial LLC
- Target
- The Investment Center, Inc.
- Industry
- Financial Services
- Location
- New Jersey, United States
- Type
- Buyout
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.
Related Acquisition Pages
Financial Services Buyers & Acquisitions
11 tracked deals by LPL Financial.
Wealth Management Buyers & Acquisitions
6 tracked deals by LPL Financial.
Acquisitions in Utah
3 tracked deals by LPL Financial.
Acquisitions in California
2 tracked deals by LPL Financial.
Acquisitions in New Jersey
2 tracked deals by LPL Financial.
Acquisitions in Arkansas
1 tracked deal by LPL Financial.
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