Lakewood Wealth Management joins LPL from Cambridge

LPL Financial said on September 30, 2026, that Harrison Kennard, Charles Dobben and Justin Pandy of Lakewood Wealth Management joined its broker-dealer and registered investment adviser platforms from Cambridge. Lakewood is based in Ann Arbor, Michigan.

The announcement describes an adviser affiliation. It explicitly identifies Lakewood and LPL as separate entities; it does not describe LPL acquiring the practice.

The team reported serving approximately $170 million in advisory, brokerage and retirement plan assets. LPL’s source footnote says that the approximation uses asset and holding information supplied from the end of 2025.

Keep that measure attached to its scope and period. It is not an ADV regulatory AUM total, a verified amount transferred on the announcement date, or a measure of net new money. A statement that advisers joined a platform does not establish that every client account moved with them.

LPL Financial LLC’s September 21 Form ADV reports $819,117,829,825 in total regulatory AUM. Its individual and high-net-worth individual asset categories together account for 95.73% of that total. Those figures describe the registered adviser, CRD 6413, rather than the parent holding company’s combined brokerage and advisory business.

The filing predates the Lakewood announcement. The two sources support different claims and cannot be added together to calculate a new LPL regulatory AUM figure.