LPL Holdings Closes $1.25 Billion Debt Offering
Deal News | Mar 04, 2025 | Ropes & Gray
Ropes & Gray, a law firm with significant expertise in capital markets, advised LPL Holdings, Inc. in a substantial $1.25 billion registered debt offering. The transaction was successfully completed on February 26. LPL Financial Holdings Inc., known for its rapid growth in the U.S. wealth management sector, supports a vast network of nearly 29,000 financial advisors and manages approximately $1.7 trillion in brokerage and advisory assets across 6 million American clients. The law firm's deal team, led by partner Tom Fraser, played a crucial role in facilitating this financial operation.
Sectors
- Financial Services
- Legal Services
Geography
- United States – The article is focused on LPL Financial, a major U.S. wealth management firm.
Industry
- Financial Services – The article involves LPL Holdings, which operates in wealth management and financial advisory services.
- Legal Services – Ropes & Gray, a law firm, played a pivotal role in advising on the debt offering.
Financials
- $1.25 billion – The total value of the registered debt offering by LPL Holdings.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LPL Holdings, Inc. | Target company | Company | A leading wealth management firm involved in a $1.25 billion debt offering. |
| Ropes & Gray | Legal advisor | Company | A law firm that advised LPL Holdings on the debt offering. |
| Tom Fraser | Lead advisor | Person | A partner at Ropes & Gray who led the deal team for the debt offering. |