LPLA - Dividend announcements

CHARLOTTE, N.C., May 22, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisors Bruce Pienton and Scott O'Mara CFP®, CRPS, AAMS, have launched a new independent practice, Bridgewright Wealth Partners, through affiliation with LPL Strategic Wealth Services, the firm's modern breakaway solution for advisors seeking to gain more control over their business. The advisors reported having served approximately $240 million in advisory and brokerage assets*, and they join LPL from Wells Fargo Advisors. Based in Grand Rapids, Pienton and O'Mara are Michigan natives with a collective 60+ years of industry experience, both who are entrepreneurs at heart. They each bring a

NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the first quarter of 2023. This quarter, there are constituent changes within one of our indexes: the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX; ETF Ticker: FTEK.LN). These changes will be effective prior to the opening of business on Monday, March 20, 2023. As part of this rebalancing, below are the component-level changes across impacted indices: KBW Nasdaq Financial Technology Index (Index Ticker: KF

Issues Open Letter to Fellow Shareholders Regarding the Need for Boardroom Change Following Another Year of Stagnation and Underperformance Shares Information Regarding the Company's Recent Efforts to Intimidate Engine and Once Again Undermine Corporate Democracy Launches www.ABetterPathforBlucora.com to Share Views with Respect to the Company and Communicate with Stakeholders Engine Capital LP today issued the below letter regarding its decision to nominate three highly qualified and independent candidates for election to the Board of Directors of Blucora, Inc. (NASDAQ:BCOR) at the 2022 Annual Meeting of Shareholders. *** Fellow Shareholders: Engine Capital LP (together with its aff

SAN DIEGO, Aug. 19, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA) (the "Company"), today released its monthly activity report for July 2021. Total advisory and brokerage assets at the end of July were approximately $1.13 trillion, an increase of $17.6 billion, or 1.6%, compared to the end of June 2021. Total net new assets for July were $10.0 billion(1), translating to an 11.5%(2) annualized growth rate. This included $3.0 billion of brokerage assets from M&T Bank that onboarded in July(3). Total net new advisory assets were $5.7 billion, translating to a 12.7%(2) annualized growth rate. Total client cash balance

SAN DIEGO, June 17, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA) (the "Company"), today released its monthly activity report for May 2021. Total advisory and brokerage assets at the end of May were approximately $1.074 trillion, an increase of 1.0% compared to the end of April 2021. Total net new assets for May were $6.1 billion(1), translating to a 7.4%(2) annualized growth rate. This included $0.3 billion of brokerage assets from BMO Harris Financial Advisors that onboarded in May. Total net new advisory assets were $5.7 billion, translating to a 13.2%(2) annualized growth rate. Total client cash balances at the end

SAN DIEGO, May 20, 2021 (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker-dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA) (the "Company"), today released its monthly activity report for April 2021. Total advisory and brokerage assets at the end of April were approximately $1.063 trillion, an increase of 10.9% compared to the end of March 2021. Total net new assets were $73.8 billion, of which $6.7 billion were organic net new assets and $67.1(1) billion were acquired net new assets. Total organic net new assets for April were $6.7 billion, translating to an 8.4% annualized growth rate. This included $2.1 bi

Key Financial Results Earnings per share ("EPS") was $1.59, and Net Income was $130 million. Gross Profit** was $579 million.Core G&A** was $236 million.EBITDA** was $268 million and EBITDA** as a percentage of Gross Profit** was 46%. EPS Prior to Amortization of Intangible Assets and Acquisition Costs** was $1.77. Key Business Results Total Advisory and Brokerage Assets increased 43% year-over-year to $958 billion. Advisory assets increased 54% year-over-year to $497 billion.Advisory assets as a percentage of total assets increased to 51.8%, up from 48.1% a year ago. Total Organic Net N

SAN DIEGO, March 16, 2021 (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker-dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for February 2021. Total advisory and brokerage assets served at the end of February were approximately $925 billion, an increase of 2.0% compared to the end of January 2021. Total net new assets for February were an inflow of $5.9 billion, translating to a 7.9% annualized growth rate. This includes total net new advisory assets of $6.0 billion, translating to a 15.4% annualized growth rate. Total client cash balances at the

SAN DIEGO, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker-dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for January 2021. Total advisory and brokerage assets served at the end of January were approximately $907 billion, an increase of 0.4% compared to the end of December 2020. Total net new assets for January were an inflow of $3.6 billion, translating to a 4.8% annualized growth rate. This includes total net new advisory assets of $4.2 billion, translating to a 10.9% annualized growth rate. Total client cash

Fourth Quarter 2020 Key Financial Results Earnings per share ("EPS") was $1.38, and Net Income was $112 million.°  Gross Profit** was $534 million.°  Core G&A** was $252 million.°  EBITDA** was $217 million and EBITDA** as a percentage of Gross Profit** was 41%.EPS Prior to Amortization of Intangible Assets** was $1.53. Fourth Quarter 2020 Key Business Results Total Advisory and Brokerage Assets increased 18% year-over-year to $903 billion. °  Advisory assets increased by 26% year-over-year to $461 billion.°  Advisory asse

SAN DIEGO, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Leading retail investment advisory firm and independent broker-dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA) (the “Company”), today released its monthly activity report for November 2020. Total advisory and brokerage assets served at the end of November were approximately $873 billion, an increase of 8.1% compared to the end of October 2020. Total organic net new assets for November were an inflow of $4.9 billion, translating to a 7.3% annualized growth rate. This includes total organic net new advisory assets of $4.2 billion, translating to a 12.4% annualized growth r