LPLA
LPL Financial Holdings (LPL) and Private Advisor Group (PAG) announced plans to acquire Mariner Advisor...
Article Summary
BUY- LPL Financial Holdings (LPL) and Private Advisor Group (PAG) announced plans to acquire Mariner Advisor Network, a division of Mariner with 367 advisors and $31 billion in assets, with the Mariner division already affiliated with LPL retaining 223 advisors under LPL's direct affiliation and 144 under PAG's hybrid RIA offering.
- The Mariner platform division offers a suite of resources to independent financial advisors seeking to scale their businesses and concentrate on serving clients without back-office distractions.
- This represents the largest acquisition in PAG's 30-year history as the firm has grown to more than $41 billion assets under management and nearly 800 advisors nationwide, with PAG also selling a minority stake to LPL in November.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 37.2% | 25% | 85.0 ptsExcellent (37.2%) - Strong growth |
| EPS Growth Next 5Y ? | 19.4% | 25% | 50.0 ptsMeets Minimum (19.4%) - Passes screener |
| Target Price Upside ? | 21.3% | 20% | 70.0 ptsGood Upside (21.3%) - Target: $392.64 vs Current: $323.58 |
| Gross Margin % ? | 29.3% | 15% | 40.0 ptsModerate (29.3%) - Adequate margins |
| Drawdown from 52-Wk High ? | -19.8% | 15% | 40.0 ptsMild Pullback (-19.8%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About LPLA
- LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at institutions in the United States.
- The company's brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance; and client cash programs consist of Federal Deposit Insurance Corporation (FDIC) insured bank sweep vehicles, and a client cash and money market account.
- It also provides fee-based platforms that provide access to mutual funds, exchange traded funds, stocks, bonds, certain options strategies, unit investment trusts, institutional money managers, and no-load multi-manager variable annuities.
- In addition, the company offers retirement solutions for commission and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors.
- Further, it provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services for estates and families; an advisor-facing trading and portfolio rebalancing platform; insurance brokerage general agency services; and technology products, including proposal generation, investment analytics, and portfolio modeling.
- The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012.
- LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.