LPL Financial reports **$357 million in net income** for Q3 2026, marking continued profitability in its financial services operations. The company’s earnings per diluted share reflect strong performance amid sustained client activity. LPL Financial serves advisors and clients in wealth management, leveraging its technology and advisory tools.
LPL Financial adds financial advisor Matt Griggs, who holds AAMS® and CRPC™ certifications, to its network. Griggs operates under Griggs Investment and brings his advisory expertise to the platform. The move expands LPL Financial’s advisor base, supporting its client advisory services.
LPL Financial Holdings reports **$2.60 trillion** in total client assets for August 2026, up **$55.3 billion (2.2%)** from July. The firm adds **$13.5 billion** in organic net new assets, marking a **6.4% annualized growth rate**. These figures reflect continued asset accumulation amid steady client inflows.
LPL Financial is acquiring Commonwealth Financial Network, a platform serving 2,900 financial advisors who collectively manage over $285 billion in client assets. The deal expands LPL’s advisor network and asset base, reinforcing its position in the wealth management sector. Commonwealth’s advisor base and infrastructure will integrate into LPL’s operations.
