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News  ›  Benzinga

LPL Financial Welcomes Oak Bridge Financial, LLC

Benzinga Logo Benzinga By Globe Newswire
LPL Financial Welcomes Oak Bridge Financial, LLC

LPL Financial announced that Oak Bridge Financial, LLC, a Houston-based wealth management firm managing approximately $230 million in assets, has joined its broker-dealer and RIA platform. Led by industry veterans Peter Goudeau Jr. and Larry Boyd with combined 45 years of experience, Oak Bridge transitioned from Ameriprise seeking operational flexibility and technological innovation while maintaining full ownership of client relationships.

Insights
GEF.B   positive

Expanding product portfolio with new rigid IBC offerings and establishing a manufacturing facility in Malaysia, indicating growth and market expansion


LPLA   positive

LPL Financial successfully attracted a significant new firm with $230 million in assets and experienced leadership, demonstrating its competitive appeal and growth in the wealth management sector. The acquisition strengthens LPL's platform and advisor base.