Republic Capital Group Facilitates Significant Minority Investment for Private Advisor Group by LPL Financial

Republic Capital Group Enhances Private Advisor Group's Growth with LPL Financial's Minority Investment

On November 20, 2025, Republic Capital Group announced a landmark advisory role in facilitating a minority investment for Private Advisor Group from LPL Financial Holdings Inc., which boasts $41.3 billion in assets under management (AUM). This investment not only marks a significant milestone in the long-standing relationship between the two firms but also fortifies the strategic ties that will catalyze growth and innovation within Private Advisor Group.

Strengthening Strategic Relationships

The partnership comes after nearly three decades of collaboration. With LPL Financial now joining Merchant Investment Management as a minority stakeholder, Private Advisor Group has broadened its ownership framework. This strategic move aims to secure operational stability and enhance capabilities for serving their network of advisors and clients.

Adam Schorr, CFO of Private Advisor Group, expressed confidence in the due diligence and strategic insight provided by Republic Capital Group, noting how their disciplined approach is perfectly aligned with Private Advisor Group’s mission to make well-informed decisions. This investment aims to pave the way for enhanced advisor growth, improved service offerings, and operational excellence, essential for the evolving financial landscape.

Expanding Support and Resources

Through this collaboration, both firms have laid out plans to bolster areas critical to advisors, such as practice management, business continuity, and succession planning. The partnership is designed to help financial advisors not only sustain their businesses but also thrive in an increasingly competitive environment. Republic Capital’s involvement underscores its commitment to creating robust support structures for its clients.

John Langston, founder and CEO of Republic Capital Group, extended his congratulations to Private Advisor Group, sharing his optimism about the new alignment that both firms have established. Meanwhile, Blake Cargill, Partner and Managing Director of Republic, emphasized the significance of this transaction, labeling it a milestone event in the advisory industry.

A Focus on Technology and Talent

Recent years have seen Private Advisor Group intensifying its investments in technology, talent acquisition, and operational infrastructure, aligning with their advisor-first philosophy. Since its partnership with Merchant in 2021, the firm has worked on enhancing its platform for financial advisors, fostering an environment conducive to growth and sustained success.

By continuing to operate as an independent entity under its current brand, Private Advisor Group is well-positioned to leverage the strengths of both LPL and Merchant to unlock new opportunities and further support its advisor community. This independent operation ensures that they maintain their unique approach while benefiting from the added resources and capabilities offered by their new minority stakeholders.

Looking Ahead

With the integration of LPL Financial's resources and expertise, Private Advisor Group is poised for significant growth, further solidifying its competitive edge in the financial advisory sector. As they embark on this promising new chapter, the firm remains dedicated to serving their advisors and clients while adapting to the continually evolving needs of the financial market.

Republic Capital Group continues to play a pivotal role in the transformation within the wealth management industry. With its headquarters in New York and offices in various major cities, it remains committed to supporting firms in navigating the complexities of financial advisory services. To learn more about their offerings and services, visit republiccg.com or follow them on LinkedIn for the latest updates and insights.