On September 9, 2024, LPL Financial LLC announced that it acquired Northern Plains Financial.
LPL Financial LLC (“LPL Financial”) announced, on September 9, 2024, that it acquired Northern Plains Financial (“Northern Plains”). The Northern Plains Financial team, including Branch Operations Manager Jerrilyn D. Walstad and support staff members Amy Nygaard and Jamie Blodgett joined LPL Financial. Further terms of the transaction were not disclosed.
LPL Financial, headquartered in San Diego, California, is a registered investment advisor and wealth firm that is a subsidiary of LPL Financial Holdings Inc. (Nasdaq: LPLA). As of August 2024, LPL Financial has over $463 billion in assets under management.
Northern Plains, based in Grand Forks, North Dakota, is a financial planning firm that provides services in investment management, retirement planning, and insurance. Northern Plains had approximately $225 million in client assets.
To read the report: please click here.