First Horizon Advisors, Inc., includes approximately 125 advisors serving approximately $18B in assets
LPL Financial Holdings Inc. (Nasdaq: LPLA), the parent corporation of LPL Financial LLC, announced that First Horizon Bank, the banking subsidiary of First Horizon Corporation (NYSE: FHN), has transitioned support of the bank’s broker-dealer and investment advisory services program, First Horizon Advisors, Inc., to LPL and its institution services platform.
“This integration ushers in a new era of expanded capabilities for First Horizon Advisors,” said Martin de Laureal, executive vice president, Wealth Management and Private Banking, First Horizon Bank. “With LPL’s advanced platform, we’re elevating how we serve clients, delivering even more personalized advice and setting the stage for meaningful growth and stronger relationships.”
“Our relationship with First Horizon is built on a shared commitment to providing outstanding advisor support,” said Christopher Cassidy, SVP, head of Institution Business Development, LPL Financial. “With the full strength of LPL’s integrated platform, First Horizon Advisors is well-positioned to drive deeper value and lasting impact for clients.”
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LPL and First Horizon Bank announced the agreement in April 2025. In August 2025, approximately $12B of brokerage and advisory assets onboarded to LPL. The remaining direct custodied assets are expected to onboard over the next several months.
First Horizon Corporation (NYSE: FHN), with $82.1 billion in assets as of June 30, 2025, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.
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 29,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 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.
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