The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Feb. 3, 11:53 AM

Slide #17. LPL Financial Holdings Inc. Financial Resources Group Investment Services

Acquirer: LPL Financial Holdings Inc. (NASDAQ:LPLA)
Acquiree: Financial Resources Group Investment Services
Details: LPL Financial Holdings Inc. (NASDAQ: LPLA) ("LPL Financial" or "LPL") today announced the closing of its acquisition of Financial Resources Group Investment Services ("FRGIS"), an LPL branch office supporting financial institutions and advisors, headquartered in Fort Mill, South Carolina. FRGIS comprises approximately 800 advisors and 85 financial institutions nationwide, serving approximately $40 billion of advisory and brokerage assets. FRGIS will continue to operate independently within LPL, retaining its brand and leadership team.

LPL Financial Holdings is a holding company. Through its subsidiaries, Co. is engaged in the retail financial advice market and is an independent broker-dealer. Co.'s product and solution access includes: commission-based products, which include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and education savings plans and insurance; and fee-based platforms and support, which includes wrap-fee programs, mutual fund asset allocation programs, an advisor-improved digital advice program, advisory programs provided by third-party investment advisor firms, financial planning services and retirement plan consulting services.

LPLA SEC Filing Email Alerts Service


Open the LPLA Page at The Online Investor »

Company Name: 
LPL Financial Holdings Inc.
Stock buyback: 
LPLA buyback
Website: 
www.lpl.com
Sector: 
Investment Brokerages
Number of ETFs Holding LPLA: 
66
Total Market Value Held by ETFs: 
$1.99B
Total Market Capitalization: 
$18.75B
% of Market Cap. Held by ETFs: 
10.63%
 

Open the LPLA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree LPLA Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (3.00 out of 4)
26th percentile
(ranked lower than approx. 74% of all stocks covered)

Analysts' Target Price:
LPLA Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Mergers & Acquisitions Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2023, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.