{"success":true,"data":{"pressRelease":{"id":"167622","rtpr_id":"nGNX5YW21N-20261013","ticker":"LPLA","exchange":"NASDAQ","all_tickers":["LPLA"],"title":"Economos Private Wealth Joins LPL’s Independent Advisor Network","author":"Globe Newswire","published_at":"2026-10-13T12:55:00.095Z","article_body":"SAN DIEGO, Oct. 13, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC\n(https://www.globenewswire.com/Tracker?data=A2MdVC9E4PB0f5M-8xo_I2C7OS7gdiffdnJzxEM2ZPGKfWhiy1ieMKD6falVVsjDAoDEHIpqf_tauE5gRUnTIA==) announced\ntoday that financial advisor Nick Economos, CFP®, CPFA®, CEPA®, CRPC®*,\nhas launched Economos Private Wealth\n(https://www.globenewswire.com/Tracker?data=iHVGw5N8rdwQVZiT2BEYx21ubGSbsMXoMw1qjrexwrfRXLmN-1PiQrKyjNycEnwOaRrImHvLpfh4l_R-dAXLNtzI1-4b1-UIJyufnv5egsk=)\nthrough affiliation with LPL Financial’s supported independence model, LPL\nIndependent Advisor Network\n(https://www.globenewswire.com/Tracker?data=PlAJKm0b7aNybYAhhYdP0NTDmypLCG99vbVUppgd0Yow5m_cRZZLR0LnBbrNSZLbBXB_1xsr1wlAdZj0HLd75zZhRURJpiZNUOWtbu479iWSlcEt4WNfCZPJr-MConskKfQB0xjyOv6grVhPUOZ90A-KrOymKHMvT_ktbHmO2iwxn4wrgr1pjQu-Qg95eVkc2hM53tHEcmvIkitajQRv8rISUfEGGskID0ItAcc6peU=).\nHe reported serving approximately $580 million in advisory and brokerage\nassets** and joins LPL from Merrill Lynch.\n\nBased outside of San Francisco in Danville, Calif., Nick Economos brings more\nthan 25 years of industry experience serving corporate executives, business\nowners and multigenerational families. Following in the footsteps of his\nfather, who founded The Economos Group at Merrill Lynch in 1994, Nick joined\nthe business in 2000 and spent the next quarter century helping clients\nnavigate complex financial decisions and pursue their long-term goals.\n\nEconomos Private Wealth takes a holistic approach to wealth management,\nserving as the “CFO for successful families.” The team works closely with\nclients to develop strategic financial plans that help coordinate the many\nfinancial decisions that come with their careers, businesses and families.\nEach plan is regularly reviewed and refined as clients' circumstances and\nobjectives evolve.\n\n“We view our role as being the CFO for successful families. Just as a CFO\nhelps coordinate every aspect of a company’s financial life, we help clients\nbring all the moving pieces of their financial lives together through a\ncoordinated strategy,” Economos said. “Every family has different goals,\npriorities and challenges, so we start by listening and building a plan\ntailored to what matters most. That plan serves as a guide, but just like a\nGPS, the directions evolve as life changes. Our goal is to help clients move\nforward with confidence, knowing they have an experienced partner helping\nnavigate the journey.”\n\nWhy Economos Private Wealth Made the Move to LPL — and Why Now\n\nEconomos Private Wealth chose to affiliate with LPL Independent Advisor\nNetwork to gain greater independence while maintaining access to the scale,\nresources and infrastructure needed to serve sophisticated clients. Guided by\na commitment to do what is best for clients, the team saw LPL as a way to gain\nthe flexibility of independence while still accessing the scale and resources\nof one of the industry's largest wealth management organizations.\n\nThe practice is supported by a dedicated team that includes Heather Stickney\nand Tyler Economos. Each team member brings a different set of skills,\nallowing them to focus on what they do best while working together to provide\nclients with a high level of personal attention and service.\n\nThrough LPL Independent Advisor Network, advisors operate within an integrated\nsupport model that brings together a connected peer community, experienced\nguidance and dedicated regional teams. Advisors benefit from hands-on\ntransition execution, growth coaching and consulting across key areas of the\nbusiness, and ongoing operational, compliance and administrative support,\nenabling firms to move faster, operate more efficiently and grow on their own\nterms.\n\n“Every major decision we make starts with one question: what is best for our\nclients,” Economos said. “Moving to independence gives us the flexibility\nto tailor our approach around each family's unique needs and goals. What\nattracted us to LPL was the ability to combine that independence with the\nscale, resources and support of a leading wealth management firm. It truly\noffers the best of both worlds, allowing us to remain personal and\nrelationship-driven while enhancing our ability to serve clients for\ngenerations to come.”\n\n“Nick has built Economos Private Wealth around deep relationships,\ncomprehensive planning and a commitment to helping families navigate complex\nfinancial decisions with confidence,” said Marc Cohen, LPL’s Chief Growth\nOfficer. “His ‘CFO for successful families’ approach reflects the kind\nof differentiated advice investors value today. We’re excited to welcome\nNick, Heather and Tyler to LPL and look forward to supporting the continued\ngrowth of their business.”\n\nRelated\n\nAdvisors, learn how LPL Financial can help take your business to the next\nlevel\n(https://www.globenewswire.com/Tracker?data=QCWh7AMZFuKMp9u87dBXNuVrASEh6AQZ172ou4YluDDpHI4o7vzGnR4nxtOT04fZGKpbD_XbRzhX_rT6_tzocMy0alSX29FwqBT5uXDzKZaRJwIKyaJNNWIKynxYV-icdoB3cIRv-gpKaxQYZHTA8bfKMsuJ3d40EHkX-BsqzYM=).\n\nAbout LPL Financial\n\nLPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth\nmanagement firms in the U.S. As a leader in the financial advisor-mediated\nmarketplace, LPL supports more than 32,000 financial advisors and the wealth\nmanagement practices of approximately 1,100 financial institutions, servicing\nand custodying approximately $2.6 trillion in brokerage and advisory assets on\nbehalf of approximately 8 million Americans. The firm provides a wide range of\nadvisor affiliation models, investment solutions, fintech tools and practice\nmanagement services, ensuring that advisors and institutions have the\nflexibility to choose the business model, services, and technology resources\nthey need to run thriving businesses. For further information about LPL,\nplease visit www.lpl.com.\n\nSecurities and advisory services offered through LPL Financial LLC (“LPL\nFinancial”), a registered investment advisor and broker-dealer, member\nFINRA/SIPC. Economos Private Wealth and LPL Financial are separate entities.\n\nThroughout this communication, the terms “financial advisors” and\n“advisors” are used to refer to registered representatives and/or\ninvestment advisor representatives affiliated with LPL Financial.\n\nWe routinely disclose information that may be important to shareholders in the\n“Investor Relations\n(https://www.globenewswire.com/Tracker?data=U-BSihwWBVw3wsX-8A1noUcNnCWH5gk1k2d7cbX5tggjeXKV08TCO1mmOzJ2Id1wBMavucKRWaOkddPT0SN4kV64L9gxBtexw4z9H2XA95k=)”\nor “Press Releases\n(https://www.globenewswire.com/Tracker?data=cj2B_FZxYrolzdTZwDFA-KxxOrjGGQ_6eaS9DOn3KprtGw1nthhbnJys2szsusU7VroGz2K8UKa8txNFPUAUe--j0X2VOx_d1S3acl_jE0j05yLOVeSCnIJob30oj133)”\nsection of our website.\n\n*CRPC conferred by College for Financial Planning.\n\n**Value approximated based on asset and holding details provided to LPL from\nend of year, 2025.\n\nMedia Contact: \nMedia.relations@LPLFinancial.com  \n\nTracking #1187179\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/53e1e8c9-85a6-4959-822d-a2cead7e0840)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5YW21N-20261013","title":"Economos Private Wealth Joins LPL’s Independent Advisor Network","author":"Globe Newswire","ticker":"LPLA","created":"2026-10-13T12:55:00.095Z","tickers":["LPLA"],"exchange":"NASDAQ","article_body":"SAN DIEGO, Oct. 13, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC\n(https://www.globenewswire.com/Tracker?data=A2MdVC9E4PB0f5M-8xo_I2C7OS7gdiffdnJzxEM2ZPGKfWhiy1ieMKD6falVVsjDAoDEHIpqf_tauE5gRUnTIA==) announced\ntoday that financial advisor Nick Economos, CFP®, CPFA®, CEPA®, CRPC®*,\nhas launched Economos Private Wealth\n(https://www.globenewswire.com/Tracker?data=iHVGw5N8rdwQVZiT2BEYx21ubGSbsMXoMw1qjrexwrfRXLmN-1PiQrKyjNycEnwOaRrImHvLpfh4l_R-dAXLNtzI1-4b1-UIJyufnv5egsk=)\nthrough affiliation with LPL Financial’s supported independence model, LPL\nIndependent Advisor Network\n(https://www.globenewswire.com/Tracker?data=PlAJKm0b7aNybYAhhYdP0NTDmypLCG99vbVUppgd0Yow5m_cRZZLR0LnBbrNSZLbBXB_1xsr1wlAdZj0HLd75zZhRURJpiZNUOWtbu479iWSlcEt4WNfCZPJr-MConskKfQB0xjyOv6grVhPUOZ90A-KrOymKHMvT_ktbHmO2iwxn4wrgr1pjQu-Qg95eVkc2hM53tHEcmvIkitajQRv8rISUfEGGskID0ItAcc6peU=).\nHe reported serving approximately $580 million in advisory and brokerage\nassets** and joins LPL from Merrill Lynch.\n\nBased outside of San Francisco in Danville, Calif., Nick Economos brings more\nthan 25 years of industry experience serving corporate executives, business\nowners and multigenerational families. Following in the footsteps of his\nfather, who founded The Economos Group at Merrill Lynch in 1994, Nick joined\nthe business in 2000 and spent the next quarter century helping clients\nnavigate complex financial decisions and pursue their long-term goals.\n\nEconomos Private Wealth takes a holistic approach to wealth management,\nserving as the “CFO for successful families.” The team works closely with\nclients to develop strategic financial plans that help coordinate the many\nfinancial decisions that come with their careers, businesses and families.\nEach plan is regularly reviewed and refined as clients' circumstances and\nobjectives evolve.\n\n“We view our role as being the CFO for successful families. Just as a CFO\nhelps coordinate every aspect of a company’s financial life, we help clients\nbring all the moving pieces of their financial lives together through a\ncoordinated strategy,” Economos said. “Every family has different goals,\npriorities and challenges, so we start by listening and building a plan\ntailored to what matters most. That plan serves as a guide, but just like a\nGPS, the directions evolve as life changes. Our goal is to help clients move\nforward with confidence, knowing they have an experienced partner helping\nnavigate the journey.”\n\nWhy Economos Private Wealth Made the Move to LPL — and Why Now\n\nEconomos Private Wealth chose to affiliate with LPL Independent Advisor\nNetwork to gain greater independence while maintaining access to the scale,\nresources and infrastructure needed to serve sophisticated clients. Guided by\na commitment to do what is best for clients, the team saw LPL as a way to gain\nthe flexibility of independence while still accessing the scale and resources\nof one of the industry's largest wealth management organizations.\n\nThe practice is supported by a dedicated team that includes Heather Stickney\nand Tyler Economos. Each team member brings a different set of skills,\nallowing them to focus on what they do best while working together to provide\nclients with a high level of personal attention and service.\n\nThrough LPL Independent Advisor Network, advisors operate within an integrated\nsupport model that brings together a connected peer community, experienced\nguidance and dedicated regional teams. Advisors benefit from hands-on\ntransition execution, growth coaching and consulting across key areas of the\nbusiness, and ongoing operational, compliance and administrative support,\nenabling firms to move faster, operate more efficiently and grow on their own\nterms.\n\n“Every major decision we make starts with one question: what is best for our\nclients,” Economos said. “Moving to independence gives us the flexibility\nto tailor our approach around each family's unique needs and goals. What\nattracted us to LPL was the ability to combine that independence with the\nscale, resources and support of a leading wealth management firm. It truly\noffers the best of both worlds, allowing us to remain personal and\nrelationship-driven while enhancing our ability to serve clients for\ngenerations to come.”\n\n“Nick has built Economos Private Wealth around deep relationships,\ncomprehensive planning and a commitment to helping families navigate complex\nfinancial decisions with confidence,” said Marc Cohen, LPL’s Chief Growth\nOfficer. “His ‘CFO for successful families’ approach reflects the kind\nof differentiated advice investors value today. We’re excited to welcome\nNick, Heather and Tyler to LPL and look forward to supporting the continued\ngrowth of their business.”\n\nRelated\n\nAdvisors, learn how LPL Financial can help take your business to the next\nlevel\n(https://www.globenewswire.com/Tracker?data=QCWh7AMZFuKMp9u87dBXNuVrASEh6AQZ172ou4YluDDpHI4o7vzGnR4nxtOT04fZGKpbD_XbRzhX_rT6_tzocMy0alSX29FwqBT5uXDzKZaRJwIKyaJNNWIKynxYV-icdoB3cIRv-gpKaxQYZHTA8bfKMsuJ3d40EHkX-BsqzYM=).\n\nAbout LPL Financial\n\nLPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth\nmanagement firms in the U.S. As a leader in the financial advisor-mediated\nmarketplace, LPL supports more than 32,000 financial advisors and the wealth\nmanagement practices of approximately 1,100 financial institutions, servicing\nand custodying approximately $2.6 trillion in brokerage and advisory assets on\nbehalf of approximately 8 million Americans. The firm provides a wide range of\nadvisor affiliation models, investment solutions, fintech tools and practice\nmanagement services, ensuring that advisors and institutions have the\nflexibility to choose the business model, services, and technology resources\nthey need to run thriving businesses. For further information about LPL,\nplease visit www.lpl.com.\n\nSecurities and advisory services offered through LPL Financial LLC (“LPL\nFinancial”), a registered investment advisor and broker-dealer, member\nFINRA/SIPC. Economos Private Wealth and LPL Financial are separate entities.\n\nThroughout this communication, the terms “financial advisors” and\n“advisors” are used to refer to registered representatives and/or\ninvestment advisor representatives affiliated with LPL Financial.\n\nWe routinely disclose information that may be important to shareholders in the\n“Investor Relations\n(https://www.globenewswire.com/Tracker?data=U-BSihwWBVw3wsX-8A1noUcNnCWH5gk1k2d7cbX5tggjeXKV08TCO1mmOzJ2Id1wBMavucKRWaOkddPT0SN4kV64L9gxBtexw4z9H2XA95k=)”\nor “Press Releases\n(https://www.globenewswire.com/Tracker?data=cj2B_FZxYrolzdTZwDFA-KxxOrjGGQ_6eaS9DOn3KprtGw1nthhbnJys2szsusU7VroGz2K8UKa8txNFPUAUe--j0X2VOx_d1S3acl_jE0j05yLOVeSCnIJob30oj133)”\nsection of our website.\n\n*CRPC conferred by College for Financial Planning.\n\n**Value approximated based on asset and holding details provided to LPL from\nend of year, 2025.\n\nMedia Contact: \nMedia.relations@LPLFinancial.com  \n\nTracking #1187179\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/53e1e8c9-85a6-4959-822d-a2cead7e0840)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-13T12:55:00.138926969Z","server_sent_at_ms":1791896100138},"received_at":"2026-10-13T12:55:00.191Z","source_url":null},"analysis":{"id":"155913","press_release_id":"167622","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"operations_update","narrative":"LPL Financial announced that advisor Nick Economos launched Economos Private Wealth through LPL's Independent Advisor Network, bringing approximately $580 million in advisory and brokerage assets from Merrill Lynch.\n\nThe Danville, Calif.-based team has more than 25 years of experience serving corporate executives, business owners and multigenerational families.\n\nThe recruitment is routine for LPL, which supports 32,000+ advisors and roughly $2.6 trillion in assets; a single ~$580M affiliation is immaterial to the platform.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine LPL advisor recruitment from Merrill Lynch wire -- low signal, suppress or file under recruiting momentum."},"keyFigures":{"customDimensions":{"advisors_supported":"more than 32,000","total_assets_serviced":"$2.6 trillion","advisor_assets_recruited":"$580 million"}},"quotedText":"We view our role as being the CFO for successful families.","namedEntities":{"people":[{"name":"Nick Economos","role":"financial advisor, founder of Economos Private Wealth"},{"name":"Marc Cohen","role":"LPL Chief Growth Officer"},{"name":"Heather Stickney","role":"team member, Economos Private Wealth"},{"name":"Tyler Economos","role":"team member, Economos Private Wealth"}],"products":["LPL Independent Advisor Network"],"companies":[{"name":"LPL Financial Holdings Inc.","ticker":"LPLA","relationship":"filer"},{"name":"Merrill Lynch","relationship":"prior affiliation of recruited advisor"},{"name":"Economos Private Wealth","relationship":"newly affiliated LPL practice"}],"dollarAmounts":[{"amount":"$580 million","context":"advisory and brokerage assets served by Economos Private Wealth"},{"amount":"$2.6 trillion","context":"LPL total brokerage and advisory assets serviced"}]},"materialImpact":{"score":1,"reasoning":"Routine advisor recruitment announcement: a single advisor team with ~$580M in assets joins LPL's Independent Advisor Network from Merrill Lynch. Immaterial to LPLA's ~$2.6T platform."},"tickerRelevance":{"others":[],"primary":"LPLA"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap-financial","eventGravity":"routine_advisor_recruitment","assetRecruited":"$580M vs $2.6T platform","householdBrandBoost":false}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":1,"narrative":"LPL Financial announced that advisor Nick Economos launched Economos Private Wealth through LPL's Independent Advisor Network, bringing approximately $580 million in advisory and brokerage assets from Merrill Lynch.\n\nThe Danville, Calif.-based team has more than 25 years of experience serving corporate executives, business owners and multigenerational families.\n\nThe recruitment is routine for LPL, which supports 32,000+ advisors and roughly $2.6 trillion in assets; a single ~$580M affiliation is immaterial to the platform.","key_figures":{"customDimensions":{"advisors_supported":"more than 32,000","total_assets_serviced":"$2.6 trillion","advisor_assets_recruited":"$580 million"}},"named_entities":{"people":[{"name":"Nick Economos","role":"financial advisor, founder of Economos Private Wealth"},{"name":"Marc Cohen","role":"LPL Chief Growth Officer"},{"name":"Heather Stickney","role":"team member, Economos Private Wealth"},{"name":"Tyler Economos","role":"team member, Economos Private Wealth"}],"products":["LPL Independent Advisor Network"],"companies":[{"name":"LPL Financial Holdings Inc.","ticker":"LPLA","relationship":"filer"},{"name":"Merrill Lynch","relationship":"prior affiliation of recruited advisor"},{"name":"Economos Private Wealth","relationship":"newly affiliated LPL practice"}],"dollarAmounts":[{"amount":"$580 million","context":"advisory and brokerage assets served by Economos Private Wealth"},{"amount":"$2.6 trillion","context":"LPL total brokerage and advisory assets serviced"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-13T12:55:05.289Z","global_importance":10,"audience_relevance":15,"importance_components":{"tickerTier":"large-cap-financial","eventGravity":"routine_advisor_recruitment","assetRecruited":"$580M vs $2.6T platform","householdBrandBoost":false}},"durationMs":4998,"modelName":"glm-5.3-flashx"}}