SAN DIEGO, July 07, 2026 (GLOBE NEWSWIRE) --
LPL Financial LLC
announced today that David Logsdon has joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. Logsdon reported serving approximately $380 million in advisory, brokerage and retirement plan assets* and joins LPL from Wells Fargo Advisors.
Based in the Sun Valley, Idaho area, Logsdon is the founder of Summit Ridge Financial Advisors and brings 30 years of industry experience serving individuals, families, nonprofit organizations and small businesses across the country. Throughout his career, he has built his business on the belief that financial advice should be as unique as the families he serves, with a focus on understanding each client’s full financial picture and evolving priorities.
The team also includes Wealth Management Client Associate Cecilia Moran. Their clients are often sophisticated investors with complex financial needs, including advanced estate planning considerations, and span more than a dozen states.
The practice is built on a comprehensive, full balance sheet approach that emphasizes transparency and a complete understanding of each client’s financial life. By translating complex objectives into personalized strategies, Logsdon aims to deliver tailored solutions that not only address today’s needs but also help preserve and manage clients’ long-term prosperity.
“I’ve always believed that effective wealth management starts with gaining a full understanding of a client’s financial picture and translating that into strategies that align with their goals,” Logsdon said. “By taking a comprehensive approach and focusing on each client’s unique situation, I’m able to deliver tailored guidance that evolves alongside their needs and supports their long-term journey.”
Why David Logsdon Chose LPL
Logsdon selected LPL for its robust technology, expanded resources and commitment to independence, which he believes will enhance his ability to serve clients with increasingly complex needs.
“In today’s rapidly evolving wealth management landscape, it’s critical to partner with a firm that can deliver advanced technology, resources and comprehensive guidance,” Logsdon said. “LPL’s scale, combined with its commitment to independence and open architecture, ensures I can provide personalized advice while leveraging sophisticated tools and specialized expertise. Their continued investment in technology, cybersecurity and innovation further enhances my ability to deliver comprehensive and highly personalized strategies for my clients.”
Marc Cohen, chief growth officer at LPL Financial, said, “We’re thrilled to welcome David to LPL. With 30 years of experience and a deep commitment to understanding each client’s full financial picture, David exemplifies the kind of comprehensive, client-first advice that LPL was built to support. We’re excited to help him build on that foundation as he grows his 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.
Summit Ridge Financial Advisors 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 #1133911
View the Zacks #1 Rank List
LPL Financial Welcomes Wealth Manager David Logsdon to Its Broker-Dealer and RIA Platform
David Logsdon joins LPL Financial, bringing 30 years of experience and $380 million in assets under management.
Quiver AI Summary
LPL Financial LLC announced that David Logsdon has joined its broker-dealer and Registered Investment Advisor platform, bringing with him approximately $380 million in advisory, brokerage, and retirement plan assets. Previously at Wells Fargo Advisors, Logsdon is the founder of Summit Ridge Financial Advisors and has three decades of experience serving diverse clients, emphasizing a personalized approach to financial planning. He aims to deliver tailored solutions by understanding each client's unique financial situation and evolving needs. Logsdon chose LPL for its robust technology and resources which he believes will enhance his service capabilities, allowing him to meet the complex demands of his clients. Marc Cohen, LPL’s chief growth officer, expressed enthusiasm for Logsdon’s addition, noting his client-focused approach aligns well with LPL’s mission.
Potential Positives
Potential Negatives
FAQ
Who is David Logsdon and what is his experience?
David Logsdon is a financial advisor with 30 years of industry experience, previously from Wells Fargo Advisors, serving $380 million in assets.
What approach does Logsdon take with clients?
Logsdon emphasizes a comprehensive, full balance sheet approach, focusing on each client's unique financial picture and evolving priorities.
Why did Logsdon choose LPL Financial?
Logsdon selected LPL for its advanced technology, resources, and commitment to independence, which enhance his service to clients.
What types of clients does Logsdon serve?
Logsdon serves sophisticated investors, including individuals, families, nonprofit organizations, and small businesses with complex financial needs across multiple states.
What services does LPL Financial offer?
LPL Financial offers a range of advisor affiliation models, investment solutions, fintech tools, and practice management services for financial advisors.
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 9 times in the past 6 months. Of those trades, 9 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 323 institutional investors add shares of $LPLA stock to their portfolio, and 366 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, July 07, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that David Logsdon has joined LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. Logsdon reported serving approximately $380 million in advisory, brokerage and retirement plan assets* and joins LPL from Wells Fargo Advisors.
Based in the Sun Valley, Idaho area, Logsdon is the founder of Summit Ridge Financial Advisors and brings 30 years of industry experience serving individuals, families, nonprofit organizations and small businesses across the country. Throughout his career, he has built his business on the belief that financial advice should be as unique as the families he serves, with a focus on understanding each client’s full financial picture and evolving priorities.
The team also includes Wealth Management Client Associate Cecilia Moran. Their clients are often sophisticated investors with complex financial needs, including advanced estate planning considerations, and span more than a dozen states.
The practice is built on a comprehensive, full balance sheet approach that emphasizes transparency and a complete understanding of each client’s financial life. By translating complex objectives into personalized strategies, Logsdon aims to deliver tailored solutions that not only address today’s needs but also help preserve and manage clients’ long-term prosperity.
“I’ve always believed that effective wealth management starts with gaining a full understanding of a client’s financial picture and translating that into strategies that align with their goals,” Logsdon said. “By taking a comprehensive approach and focusing on each client’s unique situation, I’m able to deliver tailored guidance that evolves alongside their needs and supports their long-term journey.”
Why David Logsdon Chose LPL
Logsdon selected LPL for its robust technology, expanded resources and commitment to independence, which he believes will enhance his ability to serve clients with increasingly complex needs.
“In today’s rapidly evolving wealth management landscape, it’s critical to partner with a firm that can deliver advanced technology, resources and comprehensive guidance,” Logsdon said. “LPL’s scale, combined with its commitment to independence and open architecture, ensures I can provide personalized advice while leveraging sophisticated tools and specialized expertise. Their continued investment in technology, cybersecurity and innovation further enhances my ability to deliver comprehensive and highly personalized strategies for my clients.”
Marc Cohen, chief growth officer at LPL Financial, said, “We’re thrilled to welcome David to LPL. With 30 years of experience and a deep commitment to understanding each client’s full financial picture, David exemplifies the kind of comprehensive, client-first advice that LPL was built to support. We’re excited to help him build on that foundation as he grows his 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. Summit Ridge Financial Advisors 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 #1133911
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