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LPL Financial acquires Mariner Advisor Network

PUBLIC · LPLAApr 14, 2026

Acquiring Company

LPL Financial

Acquired Company

Mariner Advisor Network

San DiegoOverland ParkFinancial ServicesSoftwareFinanceFintechFinancial ServicesFinanceLending

Description

LPL Financial has successfully acquired Mariner Advisor Network, a move aimed at consolidating independent-advisor channels. This acquisition is expected to influence the wealth-management distribution economics significantly. It is part of LPL's strategy to enhance its service offerings to advisors and their clients.

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Company Information

Company

LPL Financial

Location

4707 Executive Drive

San Diego, California, United States

About

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve,* supporting over 20,000 financial advisors, approximately 1,000 institution-based investment programs and approximately 500 RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients. * Top RIA custodian (Cerulli Associates, 2020 U.S. RIA Marketplace Report); No. 1 Independent Broker-Dealer in the U.S. (Based on total revenues, Financial Planning magazine June 1996-2021); No. 1 provider of third-party brokerage services to banks and credit unions (2020-2021 Kehrer Bielan Research & Consulting Annual TPM Report); Fortune 500 Company as of June 2021.LPL and its affiliated companies provide financial services only from the United States. Securities and advisory services offered through LPL Financial LLC, an SEC-registered broker-dealer and investment advisor. Member FINRA/SIPC. Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC. We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

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Frequently asked

Who acquired Mariner Advisor Network?

Mariner Advisor Network was acquired by LPL Financial, based in San Diego. The deal was reported on April 14, 2026. LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. LPL Financial is publicly traded (LPLA) and operates in Financial Services.

When did LPL Financial acquire Mariner Advisor Network?

LPL Financial's acquisition of Mariner Advisor Network was reported on April 14, 2026. LPL Financial has successfully acquired Mariner Advisor Network, a move aimed at consolidating independent-advisor channels. This acquisition is expected to influence the wealth-management distribution economics significantly. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mariner Advisor Network do?

Mariner Advisor Network offers comprehensive wealth management services to its clients. It focuses on providing independent financial advice to help clients achieve their financial goals. It is privately held, operating in Financial Services, and is based in Overland Park.

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