LPL Financial to acquire Wintrust.

LPL Financial, a provider of investment and business solutions for independent financial advisors, agreed to acquire Wintrust, a financial holding company. Financial terms were not disclosed. “At Wintrust, our focus on outstanding client service has served our customers well and has resulted in a formidable wealth management operation. We believe LPL is the right partner to help us take our business to the next level. LPL’s integrated advisor platform and ongoing investment in technology will enable our advisors and portfolio managers to do even more for our clients. We are excited about the strategic relationship with LPL and the growth opportunities ahead of us,” Tom Zidar, Wintrust Chairman and Chief Executive Officer.