Michael Dworetsky joins LPL Financial from StoneX, bringing 45 years of experience and managing $200 million in assets.
Quiver AI Summary
LPL Financial LLC has announced that experienced financial advisor Michael Dworetsky has joined its broker-dealer and Registered Investment Advisor (RIA), aligning with Lighthouse Private Wealth. Dworetsky, who has 45 years of industry experience and manages approximately $200 million in assets, previously worked at StoneX. His practice focuses on long-term planning and personalized portfolio management, often spanning multiple generations of client relationships. Dworetsky chose LPL and Lighthouse due to their commitment to client continuity and support, citing their integrity and strong technology as deciding factors. Both LPL executives and Lighthouse management expressed enthusiasm about Dworetsky's commitment to personalized service and the potential for future growth in serving families.
Potential Positives
- LPL Financial expands its advisor network with the addition of Michael Dworetsky, a veteran financial advisor with approximately $200 million in advisory assets, enhancing the firm's credibility and market presence.
- Dworetsky's commitment to long-term, multigenerational client relationships aligns with LPL's mission and may lead to increased client retention and satisfaction.
- The partnership with Lighthouse Private Wealth underscores LPL's collaborative approach, providing enhanced support and resources for advisors, which could attract more experienced professionals in the financial advisory field.
- LPL Financial's reputation for strong technology and advisor support was a key factor in Dworetsky's decision, indicating the firm's competitive advantage in the marketplace.
Potential Negatives
- None
FAQ
Who is Michael Dworetsky and where did he join from?
Michael Dworetsky is a veteran financial advisor who joined LPL Financial from StoneX, managing approximately $200 million in assets.
What is the focus of Dworetsky's practice?
Dworetsky's practice centers on long-term planning, multigenerational client relationships, and personalized portfolio management for professionals and business owners.
Why did Dworetsky choose LPL and Lighthouse Private Wealth?
He chose LPL and Lighthouse for their integrity, long-term support, and strong reputation in technology and advisor support for his clients.
What is LPL Financial's role in the advisory industry?
LPL Financial is one of the fastest-growing wealth management firms, supporting over 32,000 financial advisors and managing approximately $2.4 trillion in assets.
How long has Michael Dworetsky been in the financial industry?
Michael Dworetsky has 45 years of experience in the financial industry, starting his career in accounting before moving to wealth management.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LPLA Insider Trading Activity
$LPLA insiders have traded $LPLA stock on the open market 45 times in the past 6 months. Of those trades, 0 have been purchases and 45 have been sales.
Here’s a breakdown of recent trading of $LPLA stock by insiders over the last 6 months:
- RICHARD STEINMEIER (Chief Executive Officer) has made 0 purchases and 6 sales selling 5,058 shares for an estimated $1,876,482.
- GREG GATES (Group Managing Director) has made 0 purchases and 37 sales selling 4,500 shares for an estimated $1,586,004.
- ANERI JAMBUSARIA (Group Managing Director) has made 0 purchases and 2 sales selling 160 shares for an estimated $57,098.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LPLA Revenue
$LPLA had revenues of $4.9B in Q4 2025. This is an increase of 40.43% from the same period in the prior year.
You can track LPLA financials on Quiver Quantitative's LPLA stock page.
$LPLA Congressional Stock Trading
Members of Congress have traded $LPLA stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LPLA stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 12/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$LPLA Hedge Fund Activity
We have seen 373 institutional investors add shares of $LPLA stock to their portfolio, and 448 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,776,040 shares (-75.3%) from their portfolio in Q4 2025, for an estimated $634,348,206
- BARROW HANLEY MEWHINNEY & STRAUSS LLC added 1,261,285 shares (+inf%) to their portfolio in Q4 2025, for an estimated $450,493,163
- WINSLOW CAPITAL MANAGEMENT, LLC removed 1,183,069 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $393,595,225
- M&T BANK CORP added 1,136,952 shares (+27955.5%) to their portfolio in Q4 2025, for an estimated $406,085,145
- CAPITAL WORLD INVESTORS added 996,806 shares (+37.9%) to their portfolio in Q4 2025, for an estimated $356,029,199
- JENNISON ASSOCIATES LLC removed 993,283 shares (-89.9%) from their portfolio in Q4 2025, for an estimated $354,770,889
- MILLENNIUM MANAGEMENT LLC removed 748,458 shares (-71.1%) from their portfolio in Q4 2025, for an estimated $267,326,743
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LPLA Analyst Ratings
Wall Street analysts have issued reports on $LPLA in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 01/30/2026
- Jefferies issued a "Buy" rating on 01/30/2026
- Barclays issued a "Overweight" rating on 01/30/2026
- JMP Securities issued a "Market Outperform" rating on 10/09/2025
- Morgan Stanley issued a "Overweight" rating on 10/01/2025
- Goldman Sachs issued a "Buy" rating on 09/12/2025
To track analyst ratings and price targets for $LPLA, check out Quiver Quantitative's $LPLA forecast page.
$LPLA Price Targets
Multiple analysts have issued price targets for $LPLA recently. We have seen 11 analysts offer price targets for $LPLA in the last 6 months, with a median target of $435.0.
Here are some recent targets:
- Gerald O'Hara from Jefferies set a target price of $440.0 on 01/30/2026
- Benjamin Budish from Barclays set a target price of $435.0 on 01/30/2026
- Michael Cho from JP Morgan set a target price of $439.0 on 01/30/2026
- Bill Katz from TD Cowen set a target price of $378.0 on 01/30/2026
- Michael Cyprys from Morgan Stanley set a target price of $447.0 on 12/22/2025
- Michael Brown from UBS set a target price of $406.0 on 12/11/2025
- Devin Ryan from Citizens set a target price of $475.0 on 10/31/2025
Full Release
SAN DIEGO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that veteran financial advisor Michael Dworetsky, has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA), aligned with Lighthouse Private Wealth , an existing firm supporting LPL-affiliated advisors. He reports serving approximately $200 million in advisory, brokerage and retirement plan assets and joins LPL from StoneX.
Dworetsky brings 45 years of industry experience, beginning his career in accounting before transitioning into wealth management. His practice centers on long-term planning, multigenerational client relationships and personalized portfolio management for professionals, business owners, attorneys and accountants. Many of his client relationships span 35 to 40 years, extending to children and grandchildren. He and his licensed assistant, Nicole Bondellio, are based in Florida, and Lighthouse Private Wealth operates from three offices located in Palm Beach Gardens, Fla.; Red Bank, N.J.; and Manasquan, N.J.
“My approach has always been to understand each client’s objectives and guide them through the complexities of long-term planning,” said Dworetsky. “I run an individualized practice with no fixed format — every family is unique. We prioritize communication, personal connection and doing what is in the best interest of our clients.”
Why Michael Dworetsky Chose LPL and Lighthouse Private Wealth
Dworetsky’s decision to join LPL and Lighthouse Private Wealth was driven by his desire to ensure continuity, long-term support and multigenerational service for his clients.
“At this stage in my career, choosing a partner who could support a long-term transition for my clients was essential,” said Dworetsky. “Lighthouse’s integrity and the way their team works together gave me complete confidence and LPL’s reputation as a first-rate firm with strong technology and advisor support made the decision even easier. With LPL behind us, I know my clients will be cared for not just today, but for generations to come.”
“From my perspective, Mike and I instantly connected — our backgrounds were similar and we developed a bond quickly,” said Robert Tendler, managing partner at Lighthouse Private Wealth. “What stood out most was Mike’s unwavering concern for his clients. Lighthouse is a multigenerational firm, and we’re honored to support Mike and welcome his clients. It’s been an absolute pleasure, and we’re excited for what we will build together.”
Scott Posner, managing director of business development at LPL, added, “We are pleased to welcome Michael to LPL. His decades-long commitment to highly personalized, generational client service aligns with LPL’s mission to empower advisors with the freedom, technology and support they need to deliver exceptional experiences. We look forward to supporting Michael and Lighthouse Private Wealth as they continue to grow and serve families for many years to come.”
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About LPL Financial
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $2.4 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com .
Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC. Lighthouse Private Wealth and LPL Financial are separate entities.
*Value approximated based on asset and holding details provided to LPL from end of year, 2024.
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