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2 clusters · 4 sources · 9 days · First seen · Last updated

LPL Financial asset and advisor movements

Overview

LPL Financial has experienced significant shifts in advisor affiliations and asset growth. In mid-September 2026, the company saw the addition of the Horizon Wealth Management Group from Wells Fargo Advisors Financial Network, bringing approximately $385 million in client assets. Additionally, a group of 28 advisors representing roughly $825 million in assets chose to remain with LPL Financial by affiliating with Gateway Financial Partners following the departure of their former supervisory jurisdiction.

By late September 2026, LPL Financial reported a substantial increase in total client assets, which reached $2.60 trillion in August. This figure marked a $55.3 billion increase from the previous month. The company also reported $13.5 billion in organic net new assets for August. Following these developments, financial institutions such as JPMorgan Chase & Co., Keefe, Bruyette & Woods, and Barclays raised their price targets for LPL Financial shares.

Entities

Cetera · Barclays · Wells Fargo · Keefe, Bruyette & Woods · LPL Financial

Timeline

  1. [BUSINESS] 2 sources
    LPL Financial reports $2.6 trillion in client assets

    LPL Financial reported August 2026 client assets of $2.60 trillion, a 2.2% monthly increase, alongside positive stock movement and upgraded price targets from several major analysts.

  2. [BUSINESS] 2 sources
    LPL Financial sees advisor shifts involving $1.2 billion in assets

    LPL Financial sees mixed movement as the Wichita-based Horizon Wealth Management Group joins its platform with $385 million in assets, while $825 million in assets remains with LPL following an OSJ departure.

Sources

europesays.com · marketwire.com · stocknews.com · wealthmanagement.com