On the Record · LPL Financial
LPL Financial acquisitions, on the record
The businesses LPL Financial bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Atria Wealth Solutions, Inc.Word for word“Entered into a definitive purchase agreement to acquire Atria Wealth Solutions, Inc.” 10-K for 2023 | agreed acquisition | — | — |
Boenning & Scattergood's Private Client Group and FRGISWord for word“The Company also completed the acquisition of Boenning & Scattergood’s Private Client Group and FRGIS on January 31, 2023.” 10-K for 2023 | acquisition | January 31, 2023 | — |
Financial Resources Group Investment Services, LLCWord for word“Total consideration for the transaction was $189.2 million, which included an initial cash payment of $143.8 million and a liability of $45.4 million for contingent consideration, which represents the acquisition date fair value of the additional cash consideration that may be transferred to the sellers if certain asset growth is achieved in the three years following the closing.” 10-K for 2023 | acquisition | — | Total consideration for the transaction was $189.2 million |
19 advisor practices under the Liquidity & Succession solutionWord for word“During the year ended December 31, 2023, the Company completed 19 acquisitions under our Liquidity & Succession solution, in which we buy advisor practices.” 10-K for 2023 | acquisition | During the year ended December 31, 2023 | — |
Commonwealth Financial NetworkWord for word“On August 1, 2025, the Company closed on the acquisition of Commonwealth, a privately-held independent wealth management firm headquartered in Massachusetts, for a cash payment of approximately $2.7 billion.” 10-K for 2025 | acquisition | August 1, 2025 | approximately $2.7 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | — | $0 |
| 2017-12-31 | $160.3 million | $61.9 million |
| 2018-12-31 | $27.9 million | $62.5 million |
| 2019-12-31 | $25.9 million | $13.4 million |
| 2020-12-31 | $30.6 million | $10.2 million |
| 2021-12-31 | $245.9 million | $128.6 million |
| 2022-12-31 | $56.5 million | $25,000 |
| 2023-12-31 | $453.5 million | $214.2 million |
| 2024-12-31 | $1.02 billion | $333.2 million |
| 2025-12-31 | $1.79 billion | $497.9 million |
Deal filings since 2016
- 2025-04-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-03-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-05-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-11-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from LPL Financial’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.