LPL Financial Welcomes Guardian Partners Wealth Management SAN DIEGO, May 02, 2024 (GLOBE NEWSWIRE) -- announced today that financial advisors Mitchell “Mitch” and Wesley “Wes” McCann have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $240 million in advisory, brokerage and retirement plan assets*, and join LPL from Ameriprise. With the move, the father and son team launch , an independent financial practice based in the Detroit suburb of Bloomfield Hills, Mich. Mitch, a 36-year veteran of the financial services industry, said...
EXL Reports 2024 First Quarter Results 2024 First Quarter Revenue of $436.5 Million, up 9.0% year-over-yearQ1 Diluted EPS (GAAP) (1) of $0.29, down 3.3% from $0.30 in Q1 of 2023Q1 Adjusted Diluted EPS (Non-GAAP) (1) (2) of $0.38, up 8.9% from $0.35 in Q1 of 2023 NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, today announced its financial results for the quarter ended March 31, 2024. Rohit Kapoor, Chairman and Chief Executive Officer, said, “We are pleased with our first quart...
Moody's Ratings (Moody's) affirmed Lear Corporation's (Lear) Baa2 senior unsecured rating and maintained the stable outlook. The rating action reflects Moody's expectation for steady improvement in key credit metrics through 2024. Improvement will be supported by a modest increase in global light ...
LPL Financial Welcomes Journey Financial SAN DIEGO, May 01, 2024 (GLOBE NEWSWIRE) -- announced today that financial advisors Timothy J. Heisterkamp, CFP®, and Max Neese, CFP® have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $200 million in advisory, brokerage and retirement plan assets* and join LPL from Cambridge. Heisterkamp, an advisor since 1998, built the Jefferson, Iowa-based practice from the ground up after an initial career as a high school economics teacher. Neese's entry into the financial services sector was insp...
LPL Financial Announces First Quarter 2024 Results Key Financial Results Net Income was $289 million, translating to diluted earnings per share ("EPS") of $3.83, down 10% from a year agoAdjusted EPS* decreased 6% year-over-year to $4.21 Gross profit* increased 5% year-over-year to $1,066 millionCore G&A* increased 11% year-over-year to $364 millionAdjusted EBITDA* decreased 5% year-over-year to $541 million Key Business Results Total advisory and brokerage assets increased 23% year-over-year to $1.44 trillion Advisory assets increased 28% year-over-year to $793 billionAdv...
LPL Financial Welcomes Strategic Wealth Partners SAN DIEGO, April 29, 2024 (GLOBE NEWSWIRE) -- announced today that the advisors at Strategic Wealth Partners have joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported serving approximately $860 million in advisory, brokerage and retirement plan assets* and joins LPL from Lincoln Financial. With 25 years of financial planning experience, Strategic Wealth Partners owner Ryan Rayburn, CFP®, occupied various leadership, recruitment and mentorship roles throughout his career before stepping back to work more clo...
ORLANDO, Fla.--(BUSINESS WIRE)-- (NYSE:HGV) announces today the completion of a $240 million securitization of legacy Bluegreen Vacations timeshare loans through Hilton Grand Vacations Trust 2024-1B (“the Trust”). Four classes of Notes were issued by the Trust, including approximately $101 million of Class A Notes, approximately $58 million of Class B Notes, approximately $46 million of Class C notes, and approximately $35 million of Class D Notes. The Class A Notes have a coupon rate of 5.75%, the Class B Notes have a coupon rate of 5.99%, the Class C Notes have a coupon rate of 6.62%, and...
ORLANDO, Fla.--(BUSINESS WIRE)-- (NYSE:HGV) announces it will report financial results for the first quarter of 2024 before the financial markets open on Thursday, May 9, 2024, followed by a teleconference at 11 a.m. (ET). Participants are encouraged to listen to the live webcast by logging onto the HGV Investor Relations website at . To access the live teleconference via phone, please dial 1-877-407-0784 in the U.S./Canada (or internationally) approximately 15 minutes prior to the teleconference’s start time. In the event of audio difficulties during the call on the toll-free number, p...
LPL Financial Welcomes Hickory Ridge Wealth Partners SAN DIEGO , April 25, 2024 (GLOBE NEWSWIRE) -- announced today that financial advisor Justin Souma, CFP®, AAMS®, has returned to LPL Financial’s broker-dealer, RIA and custodial platforms. He reported serving approximately $190 million in advisory, brokerage and retirement plan assets* and joins LPL from Benjamin F. Edwards & Co. With the move, Souma launches Hickory Ridge Wealth Advisors, a new independent practice in Highlands, N.C., where he provides comprehensive investment planning and wealth management for individuals, multige...
ORLANDO, Fla.--(BUSINESS WIRE)-- (NYSE:HGV), the premier vacation ownership and experiences company, announces its 2024 Hilton Grand Vacation Brand Ambassadors, including legendary golfer Annika Sörenstam, iconic musician Joey Fatone, singer and actress Katharine McPhee and others. These brand ambassadors will be a central part of the thousands of exclusive private events hosted for HGV members throughout the year, including concerts, sporting events and private chef dinners. HGV is at the forefront of experiential travel, leading the industry in unique offerings and meeting the growing dem...
LPL and Momentum Wealth Partners Welcome Sussex Wealth Partners SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- announced today that financial advisors Chris Mukoda, Brad Travis, Jr., CFP®, and David Crouse have joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligning with , an existing firm supporting LPL-affiliated advisors. They reported serving approximately $415 million in advisory, brokerage and retirement plan assets*, and join LPL from PNC Investments. With the move, the team – which shares more than 75 years of combined financial services experience – launche...
LKQ Corporation Announces Results for First Quarter 2024 Revenue of $3.7 billion (an 11% increase compared to the same period in 2023)Diluted EPS2 of $0.59; adjusted diluted EPS1,2 of $0.82Operating cash flow of $253 million; free cash flow1 of $187 millionDividend of $0.30 per share approved to be paid in the second quarter of 2024Completed an offering of €750 million of unsecured 4.125% senior notesUni-Select synergies accelerated and increased from $55 million to $65 millionRepurchased $30 million of LKQ shares CHICAGO, April 23, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) ...
Heritage Private Wealth launches with support from LPL Strategic Wealth Services SAN DIEGO, April 22, 2024 (GLOBE NEWSWIRE) -- announced today that financial advisor Clayton Ortloff has launched a new independent practice, , through affiliation with LPL Financial’s supported independence model, . He reported having served approximately $820 million in advisory, brokerage and retirement plan assets* and joins LPL from Merrill Lynch. Based in Midland, Texas, the father of three is a third generation Midlander with deep ties to the community. Ortloff started his career in financial service...
ORLANDO, Fla.--(BUSINESS WIRE)-- (NYSE:HGV), the premier vacation ownership and experiences company, was recently honored with eight awards in the 2024 American Resort Development Association (ARDA) Awards Program, which celebrates exceptional resorts, teams and individuals in the timeshare industry. For the second consecutive year, HGV earned two coveted ARDA Circle of Excellence (ACE) Awards, which represent the highest level of excellence within the resort industry. Elara, a Hilton Club, which opened last year and is HGV’s ninth property in Las Vegas, was honored with the prestigious ACE...
LPL Financial Welcomes Spotlight Financial SAN DIEGO, April 18, 2024 (GLOBE NEWSWIRE) -- announced today that financial advisors Alejandro “Alex” De Leon and Robert “Bob” Gorman have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported having served approximately $200 million in advisory, brokerage and retirement plan assets*, and join LPL from Wells Fargo Advisors. Headquartered in Corpus Christi, Texas, De Leon and Gorman were colleagues in the same office for years before deciding to team up to start their own independent practice. After more than a year...
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