Corporate$LPLA8:55 AM ET

LPL Financial adds $525M advisor team from Northwestern Mutual

By BORSA NewsroomPublished Oct 29, 2026, 8:55 AM EDTUpdated Oct 29, 2026, 8:55 AM EDT

LPL Financial has onboarded Anchor Financial Partners, an eight-advisor team with $525 million in client assets, from Northwestern Mutual. The move adds to LPL's advisor recruitment momentum and expands its presence in the Atlanta area.

Sentimentbullish 60

Bullish · 60 of 100

Impact10

low · stays off the top drivers

Confidence95%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Anchor Financial Partners manages ~$525M in advisory, brokerage, and retirement plan assets.