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LPL Financial acquires Mariner Advisor Network, expanding advisor support and hybrid RIA options.

Company Fundamentals
14 Apr 2026
GlobeNewsWire
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Bullish
pluang ai news

LPL Financial Holdings has agreed to acquire Mariner Advisor Network, which supports 367 financial advisors managing $31 billion in assets. Under the deal, 223 advisors will stay directly with LPL, while 144 hybrid advisors will move to Private Advisor Group's hybrid RIA model, maintaining their multi-custody relationships and LPL platform access. This acquisition strengthens LPL's advisor community and expands service options, supported by investments in technology and wealth management solutions. The move aims to enhance advisor experience and client continuity amid evolving industry needs.

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