SAN DIEGO, June 25, 2026 (GLOBE NEWSWIRE) --
LPL Financial LLC
announced today that financial advisor Ronald White has launched a new independent practice,
NorthStar Wealth Advisors
, with support from
Good Life Companies
, an LPL Financial-affiliated firm. The team reported serving approximately $160 million in advisory, brokerage and retirement plan assets* and joins from Raymond James.
Based in El Paso, Texas, White brings more than three decades of experience serving retirees, business owners and high-net-worth families. He has built his practice on disciplined investing, tax-efficient strategies and long-term financial planning, with a strong emphasis on personalized service and client education.
White is joined by wealth advisor Scott Draime. Draime also brings approximately 30 years of industry experience, working with private wealth clients and families on retirement planning and relationship-driven financial guidance.
Together, the NorthStar Wealth Advisors team serves retirees, individuals nearing retirement, business owners and multigenerational families, delivering comprehensive wealth management tailored to each client’s goals.
“Our focus has always been on building long-term relationships and helping clients navigate important financial decisions with clarity and confidence,” White said. “We take a planning-first approach and are committed to delivering personalized strategies that evolve with our clients’ needs.”
Why They Chose LPL Financial and Good Life Companies
White said the move was driven by a desire for greater independence, combined with the infrastructure and support needed to grow the business.
“I wanted more ownership and flexibility in how we run our business and serve clients,” White said. “This relationship provides the operational support, technology and resources we need, and LPL’s platform gives us the scale and flexibility to continue enhancing the client experience. This will allow us to build a business that is fully aligned with our long-term vision.”
“We are proud to welcome Ron White and the team at NorthStar Wealth Advisors to the LPL community,” said Marc Cohen, chief growth officer at LPL Financial. “Through this strategic relationship, Ron and his team gain access to a strong combination of operational support and LPL’s integrated platform. This model provides the flexibility, resources and scale needed to serve clients effectively while building a differentiated and growing practice.”
Related
Advisors, learn how LPL Financial can help
take your business to the next level
.
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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 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.
NorthStar Wealth Advisors, Good Life Companies and LPL Financial are separate entities.
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.
We routinely disclose information that may be important to shareholders in the "
Investor Relations
" or "
Press Releases
" section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2025.
Media Contact:
Media.relations@LPLFinancial.com
Tracking #1129368
View the Zacks #1 Rank List
LPL Financial Welcomes Ronald White’s NorthStar Wealth Advisors in New Independent Practice with Good Life Companies Support
LPL Financial supports Ronald White's new independent practice, NorthStar Wealth Advisors, focusing on personalized wealth management services.
Quiver AI Summary
LPL Financial LLC has announced the launch of a new independent practice, NorthStar Wealth Advisors, by financial advisor Ronald White, who has over 30 years of experience in the industry. Located in El Paso, Texas, the firm will manage approximately $160 million in advisory and brokerage assets, and aims to provide comprehensive wealth management services tailored to retirees, business owners, and high-net-worth families. White's practice will focus on personalized financial planning and strategies, emphasizing long-term relationships and client education. The move to LPL Financial, supported by Good Life Companies, offers White and his team the operational flexibility and resources needed to grow their business while enhancing the client experience. LPL's chief growth officer highlighted the advantages of this relationship, which combines operational support with the scale necessary for effective client service.
Potential Positives
Potential Negatives
FAQ
Who is Ronald White and what is his new practice?
Ronald White is a financial advisor who launched NorthStar Wealth Advisors, an independent firm serving retirees and high-net-worth families.
What expertise does the NorthStar Wealth Advisors team offer?
The team has over three decades of experience in financial planning, focusing on disciplined investing and personalized client service.
Why did Ronald White choose LPL Financial and Good Life Companies?
White sought greater independence, operational support, and flexibility to enhance client services while growing his practice.
What types of clients does NorthStar Wealth Advisors serve?
NorthStar Wealth Advisors serves retirees, individuals nearing retirement, business owners, and multigenerational families with tailored wealth management solutions.
How does LPL Financial support independent financial advisors?
LPL Financial offers a range of resources, technology, and operational support to help advisors build and grow their businesses effectively.
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 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.
Here’s a breakdown of recent trading of $LPLA stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LPLA Revenue
$LPLA had revenues of $4.9B in Q1 2026. This is an increase of 34.56% from the same period in the prior year.
You can track LPLA financials on Quiver Quantitative's LPLA stock page.
You can access data on LPLA stock through the Quiver Quantitative API.
$LPLA Congressional Stock Trading
Members of Congress have traded $LPLA stock 7 times in the past 6 months. Of those trades, 7 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:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$LPLA Hedge Fund Activity
We have seen 357 institutional investors add shares of $LPLA stock to their portfolio, and 466 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$LPLA Analyst Ratings
Wall Street analysts have issued reports on $LPLA in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
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 9 analysts offer price targets for $LPLA in the last 6 months, with a median target of $390.0.
Here are some recent targets:
Full Release
SAN DIEGO, June 25, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Ronald White has launched a new independent practice, NorthStar Wealth Advisors , with support from Good Life Companies , an LPL Financial-affiliated firm. The team reported serving approximately $160 million in advisory, brokerage and retirement plan assets* and joins from Raymond James.
Based in El Paso, Texas, White brings more than three decades of experience serving retirees, business owners and high-net-worth families. He has built his practice on disciplined investing, tax-efficient strategies and long-term financial planning, with a strong emphasis on personalized service and client education.
White is joined by wealth advisor Scott Draime. Draime also brings approximately 30 years of industry experience, working with private wealth clients and families on retirement planning and relationship-driven financial guidance.
Together, the NorthStar Wealth Advisors team serves retirees, individuals nearing retirement, business owners and multigenerational families, delivering comprehensive wealth management tailored to each client’s goals.
“Our focus has always been on building long-term relationships and helping clients navigate important financial decisions with clarity and confidence,” White said. “We take a planning-first approach and are committed to delivering personalized strategies that evolve with our clients’ needs.”
Why They Chose LPL Financial and Good Life Companies
White said the move was driven by a desire for greater independence, combined with the infrastructure and support needed to grow the business.
“I wanted more ownership and flexibility in how we run our business and serve clients,” White said. “This relationship provides the operational support, technology and resources we need, and LPL’s platform gives us the scale and flexibility to continue enhancing the client experience. This will allow us to build a business that is fully aligned with our long-term vision.”
“We are proud to welcome Ron White and the team at NorthStar Wealth Advisors to the LPL community,” said Marc Cohen, chief growth officer at LPL Financial. “Through this strategic relationship, Ron and his team gain access to a strong combination of operational support and LPL’s integrated platform. This model provides the flexibility, resources and scale needed to serve clients effectively while building a differentiated and growing practice.”
Related
Advisors, learn how LPL Financial can help take your business to the next level .
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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 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. NorthStar Wealth Advisors, Good Life Companies and LPL Financial are separate entities.
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.
We routinely disclose information that may be important to shareholders in the " Investor Relations " or " Press Releases " section of our website.
*Value approximated based on asset and holding details provided to LPL from end of year, 2025.
Media Contact:
Media.relations@LPLFinancial.com
Tracking #1129368
Read full article here »