LPL Financial (LPLA) Completes Crown Capital Acquisition [Yahoo! Finance]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
The deal, announced in July 2023, expands the company's footprint in the California market and solidifies its wealth management business. Crown Capital is a full-service broker-dealer and registered investment advisor based in Orange County, CA. Founded in 1999, it provides services that include investment management, estate planning, risk management, education planning, corporate benefits, full-service brokerage and alternative investments. As of May 8, 2024, roughly $1.3 billion of brokerage and advisory assets served by roughly 125 advisors have been onboarded to LPLA. The remaining roughly $3.7 billion of the assets are expected to be onboarded over the next several months. LPLA's industry-leading platform is expected to provide Crown Capital advisors with enhanced operational support, streamlined processes and access to cutting-edge technology and integrated advisor tools. While Crown Capital advisors will enjoy the benefits of LPL Financial's robust infrastructure, they wi
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LPLA
Earnings
- 4/30/24 - Beat
LPLA
Sec Filings
- 5/20/24 - Form 8-K
- 5/14/24 - Form 8-K
- 5/14/24 - Form 4
- LPLA's page on the SEC website