LPL Financial agrees to acquire Mariner Advisor Network

• LPL Financial entered definitive agreement to acquire Mariner Advisor Network, segment of Mariner, in transaction updated April 14, 2026.
• Mariner Advisor Network supports 351 advisors overseeing $31 billion in assets.
• Deal structure keeps 226 advisors directly affiliated with LPL on existing platform.
• Private Advisor Group will acquire 125 hybrid advisors, aligning them under its hybrid RIA while retaining LPL platform access.
• LPL holds minority equity stake in Private Advisor Group, which uses LPL Financial as primary custodian and broker-dealer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LPL Financial Holdings Inc. published the original content used to generate this news brief on April 14, 2026, and is solely responsible for the information contained therein.