LPL Financial Welcomes Southwest Advisory Group to Linsco Channel
Portfolio Pulse from
LPL Financial LLC has announced that financial advisors Steve Schulte and Melissa Toler Short have joined its Linsco channel to form Southwest Advisory Group, bringing approximately $300 million in assets from Ameriprise.
February 12, 2025 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
LPL Financial has expanded its Linsco channel by adding Southwest Advisory Group, which brings $300 million in assets from Ameriprise.
The addition of Southwest Advisory Group to LPL's Linsco channel signifies growth and expansion for LPL Financial, as it brings $300 million in assets under management. This move is likely to positively impact LPL's stock price in the short term due to increased assets and potential revenue growth.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90