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LPL Financial Welcomes New Financial Advisors as Investigation Begins

 
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LPL Financial welcomes new advisors as investigation into potential securities claims begins.

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CHARLOTTE, N.C., April 24, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Dustin Mac Brown CFP® has joined the team at LPL Financial's Strategic Wealth Services. Brown brings with him years of experience as a financial advisor, having previously worked at a large bank-owned broker-dealer. Brown stated that he was excited to join LPL Financial's team and to be a part of the company's commitment to putting clients first.

The team is the 30th to join LPL Financial's Strategic Wealth Services since the company launched the program in 2020. The program is designed to provide advisors with the resources and support they need to grow their businesses and provide exceptional service to their clients. With the addition of Brown and his team, LPL Financial now has over 17,000 financial advisors across the United States.

The events of the past few days have many people asking questions. An update from Chief Financial Officer and Head of Business Operations, Matt Audette, was released to address the concerns. In the statement, Audette assured clients and investors that LPL Financial was committed to transparency and providing the highest level of service to its clients. He also addressed the investigation into potential securities claims, stating that the company was cooperating fully and would continue to do so.

LPL Financial (NASDAQ:LPLA) has announced that financial advisors James Sheehan CFP, CPWA, and Shawn Tighe CFP, have joined LPL Financial's Strategic Wealth Services. Sheehan and Tighe bring with them a combined 30 years of experience as financial advisors. They will be based in LPL Financial's San Francisco office and will focus on providing comprehensive financial planning services to high-net-worth clients.

PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of LPL Financial Holdings Inc. (NASDAQ:LPLA).

LPL Financial Holdings has an average outperform rating and a price target range of $205 to $294, according to analysts polled by Capital IQ. The company's stock has been performing well in recent months, with many investors seeing it as a solid investment opportunity.

ANDOVER, Mass., April 25, 2023 /PRNewswire/ -- The Invest in Others Charitable Foundation ('Invest in Others'), a non-profit organization, has announced that it will be partnering with LPL Financial to help support its mission of providing financial assistance to those in need. The partnership will involve LPL Financial advisors working with Invest in Others to identify and support organizations that are making a difference in their communities.

NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of LPL Financial Holdings Inc. ("LPL Financial" or the "Company") (NASDAQ: LPLA). The investigation concerns whether LPL Financial and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

On April 21, 2023, Zurcher Kantonalbank Zurich Cantonalbank announced its increased holdings in LPL Financial Holdings. The bank now holds over 5% of the company's outstanding shares, making it one of the largest institutional investors in LPL Financial.

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lpl financialfinancial advisorsstrategic wealth servicessecurities claimstransparencyfinancial planningstockinvestigationpartnershipinstitutional investorsNASDAQ:LPLA

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