Independent Broker-Dealer · Independent channel
LPL Financial
Includes LPL Financial · LPL Private Wealth Management · Linsco by LPL Financial · LPL Strategic Wealth · LPL Independent Advisor Network
Includes the history of Commonwealth (acquired August 2025)
Operate an independent practice through the broker-dealer and its corporate advisory arrangement where used.
- Website
- lpl.com
- Regulator record
- LPL FINANCIAL LLC (FINRA)
Recorded arrivals
62
Teams and practices joining in 2026
Recorded departures
62
Teams and practices leaving in 2026
Arrival assets
$28.9B
Reported practice assets · 57 of 62 disclosed
Departure assets
$30.4B
Reported practice assets · 58 of 62 disclosed
Arrivals and departures are counted separately, not netted.
Monthly arrivals by origin category
Where arriving teams came from, by month
Wirehouses, Banks & BDsRIAIndependent Broker-Dealer
Arrivals came from
Origin firms, by number of teams
01
5
03
4
04
4
05
4
Departures went to
Destination firms, by number of teams
01
21
03
8
06
2
Arrivals 62
Teams joining LPL Financial in 2026. Open a team for its source record.
| Date | Pattern | Team / advisor(s) | From | Reported assets | Source |
|---|---|---|---|---|---|
| Oct 29 | Lateral | Anchor Financial PartnersVinings, GA | Northwestern MutualIndependent Broker-Dealer | $525M | Press Release |
| Oct 27 | Breakaway | Griggs Investment GroupEufaula, AL | Edward JonesWirehouses, Banks & BDs | $160M | Press Release |
| Oct 22 | Lateral | Kinetic WealthFresno, CA | CeteraIndependent Broker-Dealer | $300M | Press Release |
| Oct 14 | Lateral | Prince Financial ServicesSeattle, WA | Northwestern MutualIndependent Broker-Dealer | $1.0B | Press Release |
| Oct 13 | Breakaway | Economos Private WealthDanville, CA | Merrill LynchWirehouses, Banks & BDs | $580M | Press Release |
| Oct 7 | Lateral | Legacy Financial GroupBurton, MI | OsaicIndependent Broker-Dealer | $175M | Press Release |
| Oct 5 | Lateral | Praxis Financial PartnersAlpharetta, GA | Wells Fargo FiNetIndependent Broker-Dealer | $1.1B | Press Release |
| Sep 30 | Lateral | Lakewood Wealth ManagementAnn Arbor, MI | CambridgeIndependent Broker-Dealer | $170M | Press Release |
| Sep 24 | Lateral | Chad CarlileLubbock, TX | Raymond James Financial ServicesIndependent Broker-Dealer | Undisclosed | Press Release |
| Sep 24 | Lateral | Dan FowlerPampa, TX | Raymond James Financial ServicesIndependent Broker-Dealer | Undisclosed | Press Release |
| Sep 24 | Lateral | Jon BurnettAmarillo, TX | Raymond James Financial ServicesIndependent Broker-Dealer | Undisclosed | Press Release |
| Sep 22 | Lateral | Clear Pointe Wealth ManagementFarmington, UT | Northwestern MutualIndependent Broker-Dealer | $548M | Press Release |
| Sep 22 | Lateral | Cornerstone AdvisorsFarmington, UT | Northwestern MutualIndependent Broker-Dealer | $560M | Press Release |
| Sep 15 | Lateral | Horizon Wealth Management GroupWichita, KS | Wells Fargo FiNetIndependent Broker-Dealer | $385M | Press Release |
| Sep 10 | Lateral | Northstar Financial AdvisorsDanville, CA | Raymond James Financial ServicesIndependent Broker-Dealer | $270M | Press Release |
| Sep 1 | Breakaway | ClearHavenOakdale, MN | RBC Wealth ManagementWirehouses, Banks & BDs | Undisclosed | Press Release |
| Sep 1 | Breakaway | Ryan LewisOakdale, MN | Morgan StanleyWirehouses, Banks & BDs | Undisclosed | Press Release |
| Aug 25 | Lateral | Preferred Financial GroupBattle Creek, MI Kalamazoo, MI |
Harbour InvestmentsIndependent Broker-Dealer | $230M | Press Release |
| Aug 24 | Lateral | Conte Wealth AdvisorsCamp Hill, PA | CambridgeIndependent Broker-Dealer | $1.6B | Press Release |
| Aug 20 | Breakaway | McCutchen Wesson Wealth AdvisorsMarion, AR | Edward JonesWirehouses, Banks & BDs | $190M | Press Release |
| Aug 18 | Breakaway | Guidepost Wealth ManagementStillwater, OK | Edward JonesWirehouses, Banks & BDs | $160M | Press Release |
| Aug 5 | Breakaway | WestKai Private WealthSan Clemente, CA | Morgan StanleyWirehouses, Banks & BDs | $400M | Press Release |
| Jul 29 | Lateral | Sunny Day FinancialDallas, TX | CeteraIndependent Broker-Dealer | $150M | Press Release |
| Jul 23 | Lateral | Williams Tax & Financial ServicesLos Alamitos, CA | CeteraIndependent Broker-Dealer | $340M | Press Release |
| Jul 21 | Breakaway | Bizjack Wealth ManagementTulsa, OK | Morgan StanleyWirehouses, Banks & BDs | $145M | Press Release |
| Jul 15 | Lateral | Buell Wealth ManagementGlastonbury, CT | Buell SecuritiesIndependent Broker-Dealer | $370M | Press Release |
| Jul 14 | Breakaway | HighWater WealthSan Diego, CA | U.S. BankWirehouses, Banks & BDs | $2.4B | Press Release |
| Jul 8 | Lateral | Cypress Point Wealth PartnersOrlando, FL | MML Investors ServicesIndependent Broker-Dealer | $175M | Press Release |
| Jul 7 | Breakaway | Haskin Private Wealth AdvisorsSacramento, CA | Wells Fargo AdvisorsWirehouses, Banks & BDs | $170M | Press Release |
| Jul 7 | Breakaway | Summit Ridge Financial AdvisorsSun Valley, ID | Wells Fargo AdvisorsWirehouses, Banks & BDs | $380M | Press Release |
| Jun 30 | Lateral | McCormick Private WealthBedford, NH | Steward PartnersRIA | $340M | Press Release |
| Jun 25 | Lateral | NorthStar Wealth AdvisorsEl Paso, TX | Raymond James Financial ServicesIndependent Broker-Dealer | $160M | Press Release |
| Jun 24 | Lateral | Tribute FinancialWentzville, MO Lebanon, MO Wallingford, CT |
United Planners Financial ServicesIndependent Broker-Dealer | $500M | InvestmentNews |
| Jun 17 | Breakaway | Decorum Wealth ManagementMerced, CA | UBSWirehouses, Banks & BDs | $250M | Press Release |
| Jun 16 | Lateral | Spectrum Wealth StrategiesDallas, TX | MML Investors ServicesIndependent Broker-Dealer | $1.5B | AdvisorHub |
| Jun 15 | Lateral | Fortress Financial PlanningDetroit, MI | MML Investors ServicesIndependent Broker-Dealer | $150M | Press Release |
| Jun 9 | Breakaway | Darren ColananniWinchester, VA | U.S. BankWirehouses, Banks & BDs | $230M | Press Release |
| Jun 4 | Breakaway | Align Private WealthGreenwood, IN | CitiWirehouses, Banks & BDs | $2.0B | InvestmentNews |
| May 28 | Lateral | Schott Financial ManagementPrescott, AZ | CambridgeIndependent Broker-Dealer | $240M | Press Release |
| May 27 | Breakaway | Soundview Wealth ManagementSeattle, WA | D.A. DavidsonWirehouses, Banks & BDs | $600M | InvestmentNews |
| May 21 | Lateral | Emerald Wealth ManagementSeattle, WA | Northwestern MutualIndependent Broker-Dealer | $815M | Press Release |
| May 21 | Lateral | True Compass AdvisorsSouthbury, CT | Kestra FinancialIndependent Broker-Dealer | $870M | Press Release |
| May 20 | Lateral | Cebert Wealth AdvisorsThe Villages, FL | Ameriprise Independent AdvisorsIndependent Broker-Dealer | $1.0B | InvestmentNews |
| May 19 | Lateral | Davis Executive WealthNorwell, MA | Steward PartnersRIA | $635M | InvestmentNews |
| May 14 | Lateral | Fifteen:22 Financial PartnersLawrence, KS | Nations FinancialIndependent Broker-Dealer | $380M | Press Release |
| May 7 | Breakaway | Paxara Wealth PartnersWinter Haven, FL | UBSWirehouses, Banks & BDs | $330M | AdvisorHub |
| May 5 | Breakaway | Capital Investment ServicesLaGrange, GA | Raymond James & AssociatesWirehouses, Banks & BDs | $775M | Press Release |
| Apr 28 | Lateral | Greg SelgBohemia, NY | OsaicIndependent Broker-Dealer | $260M | Press Release |
| Apr 21 | Breakaway | Courtney WalkerAustin, TX | J.P. Morgan AdvisorsWirehouses, Banks & BDs | $180M | Press Release |
| Apr 15 | Breakaway | Texas Wealth SolutionsLongview, TX | PNCWirehouses, Banks & BDs | $235M | Press Release |
| Apr 7 | Lateral | Emerald Legacy AdvisorsKansas City, MO | Wells Fargo FiNetIndependent Broker-Dealer | $140M | Press Release |
| Apr 2 | Breakaway | Trey PopeHuntsville, AL | Edward JonesWirehouses, Banks & BDs | $160M | Press Release |
| Mar 24 | Breakaway | Gibson Financial GroupBoston, MA | B. Riley Wealth ManagementWirehouses, Banks & BDs | $180M | Press Release |
| Mar 12 | Breakaway | Legacy Ridge Private WealthSheridan, WY | D.A. DavidsonWirehouses, Banks & BDs | $600M | Press Release |
| Feb 26 | Breakaway | Michael DworetskyPalm Beach Gardens, FL | StoneXWirehouses, Banks & BDs | $200M | Press Release |
| Feb 19 | Breakaway | Tom MadiganBranford, CT | UBSWirehouses, Banks & BDs | $300M | Press Release |
| Feb 17 | Breakaway | Shoreline Private Wealth ManagementSanta Barbara, CA | Morgan StanleyWirehouses, Banks & BDs | $275M | Press Release |
| Feb 12 | Lateral | Sound WealthSeattle, WA Phoenix, AZ |
Ameriprise Independent AdvisorsIndependent Broker-Dealer | $420M | InvestmentNews |
| Feb 3 | Lateral | Wealth InnovationsRichmond, VA | OsaicIndependent Broker-Dealer | $200M | Press Release |
| Jan 27 | Breakaway | Moto Wealth PartnersCincinnati, OH Dayton, OH |
Fifth ThirdWirehouses, Banks & BDs | $2.0B | Press Release |
| Jan 14 | Lateral | Oak Bridge FinancialHouston, TX | Ameriprise Independent AdvisorsIndependent Broker-Dealer | $230M | Press Release |
| Jan 8 | Lateral | Rand, Williams & AssociatesMonterey, CA | OsaicIndependent Broker-Dealer | $260M | Press Release |
Departures 62
Teams leaving LPL Financial in 2026.
| Date | Pattern | Team / advisor(s) | To | Reported assets | Source |
|---|---|---|---|---|---|
| Oct 29 | Lateral | Koetter Financial ServicesSauk Rapids, MN | CeteraIndependent Broker-Dealer | Undisclosed | Wealth Management |
| Oct 20 | Lateral | Great Scott Financial ServicesBethlehem, PAvia Commonwealth | KintraRIA | $355M | Press Release |
| Oct 20 | Lateral | ICG nextWall Township, NJ | OsaicIndependent Broker-Dealer | $2.3B | Press Release |
| Oct 19 | Lateral | Alpha Rising Wealth ManagementScottsdale, AZ | Rothschild Financial PartnersRIA | $250M | Press Release |
| Oct 15 | Lateral | Elevated Wealth SolutionsWilloughby, OH | CeteraIndependent Broker-Dealer | $80M | Press Release |
| Oct 13 | Lateral | GFS AdvisoryBraselton, GA Alpharetta, GAvia Commonwealth |
Raymond James Financial ServicesIndependent Broker-Dealer | $350M | Press Release |
| Oct 7 | Lateral | Doussard FinancialBurlington, WAvia Commonwealth | CeteraIndependent Broker-Dealer | $235M | Press Release |
| Oct 6 | Lateral | Dirigo Wealth ManagementOakland, ME | Raymond James Financial ServicesIndependent Broker-Dealer | $170M | Press Release |
| Oct 6 | Lateral | Scott HardyBrentwood, TNvia Commonwealth | Summit Wealth GroupRIA | $189M | Press Release |
| Oct 1 | Lateral | Montana Wealth ManagementGreat Falls, MT Bozeman, MT |
Raymond James Financial ServicesIndependent Broker-Dealer | $180M | Press Release |
| Sep 28 | Lateral | Fitzgerald Financial GroupVineland, NJvia Commonwealth | CeteraIndependent Broker-Dealer | $185M | Press Release |
| Sep 24 | Lateral | Palmetto Investment ConsultantsRock Hill, SC | CeteraIndependent Broker-Dealer | $305M | Press Release |
| Sep 22 | Lateral | Harris Wealth PartnersRochester, NYvia Commonwealth | Raymond James Financial ServicesIndependent Broker-Dealer | $500M | Press Release |
| Sep 22 | Lateral | Savlan Wealth PartnersNew City, NY; Brooklyn, NYvia Commonwealth | Savlan Wealth PartnersRIA | $330M | Citywire |
| Sep 18 | Acquisition | Pinnacle Financial Group Deerfield practiceDeerfield, ILvia Commonwealth | Merit Financial AdvisorsRIA | $888M | Press Release |
| Sep 2 | Lateral | Midwest Financial GroupMadison, WIvia Commonwealth | OsaicIndependent Broker-Dealer | $450M | Press Release |
| Sep 1 | Lateral | SBS Retirement ConsultantsFairbanks, AKvia Commonwealth | &PartnersIndependent Broker-Dealer | $684M | AdvisorHub |
| Aug 31 | Lateral | Sierra Ridge Advisor GroupRoseville, CA | CeteraIndependent Broker-Dealer | $2.1B | AdvisorHub |
| Aug 26 | Lateral | Severn Wealth ManagementAnnapolis, MDvia Commonwealth | CeteraIndependent Broker-Dealer | $160M | Press Release |
| Aug 18 | Lateral | Harbor Financial AdvisorsMentor, OHvia Commonwealth | CeteraIndependent Broker-Dealer | $175M | Press Release |
| Aug 18 | Lateral | O’Reilly LLCChesterfield, MO | OsaicIndependent Broker-Dealer | $250M | Press Release |
| Aug 17 | Reverse Breakaway | Jeffrey "Chad" MuriWaynesville, NC | Wells Fargo AdvisorsWirehouses, Banks & BDs | $180M | Financial Advisor |
| Aug 12 | Lateral | Severn Financial AdvisorsAnnapolis, MDvia Commonwealth | Independent Financial PartnersRIA | Undisclosed | Financial Planning |
| Aug 12 | Lateral | Tucker Bria Wealth StrategiesDurham, NCvia Commonwealth | CeteraIndependent Broker-Dealer | $420M | Press Release |
| Aug 12 | Lateral | Van Horn Financial ServicesSioux Falls, SDvia Commonwealth | Independent Financial PartnersRIA | Undisclosed | Financial Planning |
| Aug 5 | Lateral | John Chaulklin, Brian ClaytonBurlington, NC | Raymond James Financial ServicesIndependent Broker-Dealer | $540M | Financial Advisor |
| Jul 7 | Lateral | Lexington FinancialBraintree, MAvia Commonwealth | CeteraIndependent Broker-Dealer | $608M | Press Release |
| Jul 6 | Lateral | Bartholomew & CompanyWorcester, MAvia Commonwealth | Bartholomew & CompanyRIA | $6.0B | Press Release |
| Jun 9 | Lateral | Honeycomb Wealth AdvisorsJackson, MI Tallahassee, FLvia Commonwealth |
CeteraIndependent Broker-Dealer | $190M | Press Release |
| Jun 4 | Lateral | Neville & AssociatesHampton, NH | OsaicIndependent Broker-Dealer | $300M | InvestmentNews |
| Jun 4 | Lateral | Tupelo Wealth PartnersHarleysville, PAvia Commonwealth | CeteraIndependent Broker-Dealer | $490M | InvestmentNews |
| May 28 | Lateral | Financial Strategies Retirement PartnersBedford, NHvia Commonwealth | Raymond James Financial ServicesIndependent Broker-Dealer | $2.8B | Press Release |
| May 27 | Lateral | 7G Wealth ManagementTallahassee, FLvia Commonwealth | CeteraIndependent Broker-Dealer | $240M | Press Release |
| May 20 | Lateral | Allegiant Wealth StrategiesBattle Creek, MIvia Commonwealth | CeteraIndependent Broker-Dealer | $176M | InvestmentNews |
| May 20 | Lateral | Gavrilov Wealth ManagementBrooklyn, NY | CeteraIndependent Broker-Dealer | $217M | InvestmentNews |
| May 20 | Lateral | Larry RollandKokomo, IN | Raymond James Financial ServicesIndependent Broker-Dealer | $112M | InvestmentNews |
| May 7 | Lateral | Jaakko KaskoSaint Joseph, MIvia Commonwealth | CeteraIndependent Broker-Dealer | $150M | InvestmentNews |
| May 7 | Lateral | Kive StrickoffBoca Raton, FLvia Commonwealth | Ameriprise Independent AdvisorsIndependent Broker-Dealer | $140M | Press Release |
| May 5 | Acquisition | Pradel Financial GroupSeattle, WAvia Commonwealth | Merit Financial AdvisorsRIA | $420M | InvestmentNews |
| Apr 27 | Lateral | Steven MuellerMiddleton, WI | Ameriprise Independent AdvisorsIndependent Broker-Dealer | $115M | Press Release |
| Apr 21 | Lateral | Loring Advisory GroupGreenville, RIvia Commonwealth | KintraRIA | Undisclosed | Press Release |
| Apr 17 | Lateral | Nick BronsonBurlington, IA | Raymond James Financial ServicesIndependent Broker-Dealer | $350M | InvestmentNews |
| Apr 13 | Lateral | Pinnacle Wealth ManagementLafayette, LA | Ameriprise Independent AdvisorsIndependent Broker-Dealer | $110M | Press Release |
| Apr 9 | Lateral | Sandcastle Wealth BuildersPortage, MI Plainwell, MI Battle Creek, MIvia Commonwealth |
CeteraIndependent Broker-Dealer | $80M | Press Release |
| Apr 8 | Lateral | RPK Wealth GroupRidgefield, CT | Raymond James Financial ServicesIndependent Broker-Dealer | $181M | InvestmentNews |
| Mar 19 | Lateral | Tim Curran, Wynne CurranGreenville, SC | OsaicIndependent Broker-Dealer | $204M | InvestmentNews |
| Mar 6 | Lateral | Mike McNaughton, Dan Schmitz, Greg Schuler, Traci Lewis, Jeff Santillo, John WoodworthRochester, NYvia Commonwealth | Raymond James Financial ServicesIndependent Broker-Dealer | $800M | InvestmentNews |
| Mar 3 | Lateral | Financial Planning DepartmentLong Beach, CAvia Commonwealth | OsaicIndependent Broker-Dealer | $352M | Press Release |
| Feb 27 | Lateral | Two Oaks WealthWest Des Moines, IAvia Commonwealth | Raymond James Financial ServicesIndependent Broker-Dealer | $400M | InvestmentNews |
| Feb 17 | Lateral | Touchpoint Financial Advisor GroupWoburn, MAvia Commonwealth | Raymond James Financial ServicesIndependent Broker-Dealer | $682M | Financial Advisor |
| Feb 12 | Lateral | Financial Consulting ServicesGreen Bay, WIvia Commonwealth | Raymond James Financial ServicesIndependent Broker-Dealer | $730M | InvestmentNews |
| Feb 5 | Lateral | Midtown AdvisorsRaleigh, NC | OsaicIndependent Broker-Dealer | $153M | InvestmentNews |
| Feb 4 | Lateral | Meyers Wealth Management GroupWenatchee, WA | OsaicIndependent Broker-Dealer | $285M | InvestmentNews |
| Feb 3 | Lateral | Fortress FinancialWilmington, NCvia Commonwealth | CeteraIndependent Broker-Dealer | $75M | Press Release |
| Jan 29 | Lateral | Coastline Complete WealthBluffton, SCvia Commonwealth | Coastline Complete WealthRIA | $220M | InvestmentNews |
| Jan 28 | Lateral | Jamie L. Hatfield Wealth ManagementNorthern Kentucky, KYvia Commonwealth | CeteraIndependent Broker-Dealer | $170M | Press Release |
| Jan 20 | Lateral | Bixler FinancialDecatur, IN Geneva, IN |
CarsonRIA | $145M | InvestmentNews |
| Jan 15 | Lateral | KBK Wealth ManagementNew York, NYvia Commonwealth | Wells Fargo FiNetIndependent Broker-Dealer | $1.3B | InvestmentNews |
| Jan 13 | Lateral | Dignum Financial PartnersFort Worth, TXvia Commonwealth | Raymond James Financial ServicesIndependent Broker-Dealer | $420M | InvestmentNews |
| Jan 12 | Lateral | Kim RamchandaniNorth Haven, CT | CeteraIndependent Broker-Dealer | $206M | Press Release |
| Jan 12 | Lateral | Loveday Caruso Wealth Management GroupLittleton, CO | Ameriprise Independent AdvisorsIndependent Broker-Dealer | $120M | Press Release |
| Jan 8 | Lateral | Gregory KearneyWestport, CT | CeteraIndependent Broker-Dealer | $160M | InvestmentNews |
Data through October 31, 2026. See the methodology for how transactions, assets and sources are defined.