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Deals Of The Day: The Latest In Wealth Management M&A – LPL, Continuity Private Wealth

Editorial Staff February 27, 2024

Deals Of The Day: The Latest In Wealth Management M&A – LPL, Continuity Private Wealth

The latest moves and appointments in wealth management in the Americas.

LPL Financial, a US-based group, has brought Continuity Private Wealth to its strategic wealth services unit. Continuity is based in Doylestown, Pennsylvania.

Continuity includes wealth advisors James P Debuque and Timothy M Baltz, who have joined from Merrill Lynch, where they served about $1 billion in advisory, brokerage and retirement plan assets, Barron’s quoted LPL as saying.

Family Wealth Report has contacted LPL for comment and may update this report in due course.

Late last week, LPL – which is listed on the Nasdaq market – and Wintrust Financial Corporation said they had agreed to move support of the wealth management business of Wintrust Investments, LLC and certain private client business at Great Lakes Advisors, LLC and around 85 advisors with about $16 billion of brokerage and advisory assets to the LPL Institution Services platform.

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