{"id":981371,"date":"2026-07-14T08:58:07","date_gmt":"2026-07-14T12:58:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/"},"modified":"2026-07-14T08:58:07","modified_gmt":"2026-07-14T12:58:07","slug":"lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/","title":{"rendered":"LPL Financial Welcomes HighWater Wealth to Quotient Advisor Partners"},"content":{"rendered":"<div class=\"mw_release\">\n<p>SAN DIEGO, July  14, 2026  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rkIbbUBFvevKbcDPJVFOX4-bYpJ3s_UMp0uha1qBagEG-NlirKvvsqH-yN8a4Ytm0-HXPtuFZfblFwyfr6hRZg==\" rel=\"nofollow\" target=\"_blank\">LPL Financial LLC<\/a>\u00a0announced today that the advisors of <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wsYx7kSbGDJLYIePC6_W2vO37ZJXxsZOOWc2bx9NIhmXDafZXHil7pbZcBZLOWL1ieDImnklxMAycGqrtvwK2Ag8Rk552SWBmCC9FW0o_sY=\" rel=\"nofollow\" target=\"_blank\">HighWater Wealth<\/a> have joined LPL Financial\u2019s broker-dealer and Registered Investment Advisor (RIA) platform, aligned with\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=W-t5YMLZKUwhgvocFN6xk94em8qJ9x6en0GAMYfhn4SrKEHsCmjSsBjox1dcz2Q-9czjgH__Ez5xj6sUq98MGGegaaYBCdQ5xc7gDaXSl3bawHtn20UCb11lQJ8aw6ST\" rel=\"nofollow\" target=\"_blank\">Quotient Advisor Partners<\/a>, an existing firm supporting LPL-affiliated advisors. The team reported serving approximately $2.4 billion in advisory assets* and joins LPL from U.S. Bank.<\/p>\n<p>Based in San Diego, HighWater Wealth provides multi-generational office services for high-net-worth individuals and families. The team consists of Kristian Forster, Mike Rookus, Falko H\u00f6rnicke, CFA\u00ae, CFP\u00ae, Tim Davidson, CFA\u00ae, and Brian Rissman.<\/p>\n<p>HighWater Wealth takes a planning-first approach, beginning with a comprehensive review of each client\u2019s trust and estate structure, balance sheet and cash flow needs. The team then develops proactive, customized investment strategies designed to evolve over time in alignment with each client\u2019s objectives.<\/p>\n<p>\u201cWe built HighWater Wealth to deliver a highly personalized, planning-led experience for our clients,\u201d said Rookus, president and founding partner. \u201cOur approach is centered on understanding the full financial picture \u2014 from trust and estate considerations to cash flow and long-term objectives \u2014 so we can design strategies that are tailored to each family\u2019s needs.\u201d<\/p>\n<p>\n        <strong>Why HighWater Wealth Chose LPL and Quotient Advisor Partners<\/strong>\n      <\/p>\n<p>After evaluating multiple options, the HighWater Wealth team chose to affiliate with LPL Financial, supported by Quotient Advisor Partners, for the ability to combine independence, scale and advanced planning capabilities.<\/p>\n<p>\u201cWith LPL and the support of Quotient Advisor Partners, we have the flexibility, tools and infrastructure to deliver a more comprehensive, multi-generational approach,\u201d said Forster, president and chief executive officer. \u201cThe platform\u2019s open architecture, research capabilities and scale \u2014 along with the ability to move quickly \u2014 allow us to provide a high-touch, \u2018white glove\u2019 experience backed by a robust platform. This enables us to fully customize solutions for each client\u2019s unique needs.\u201d<\/p>\n<p>The team also cited the importance of advanced planning resources, including trust and estate capabilities, as well as the ability to access a broader range of investment solutions and research to support active portfolio management.<\/p>\n<p>&#8220;For 25 years, I&#8217;ve been on almost every side of this industry, and what I&#8217;ve learned is that most advisors stay inside large institutions not because they&#8217;re satisfied, but because going independent feels too risky,\u201d said Ray Lucia Jr., chief executive officer of Quotient Advisor Partners \u201cEverything we do at Quotient exists to change that. We give teams like HighWater Wealth the transition expertise, infrastructure and community to make the move with confidence, and what other firms may not offer: true ownership of their business.\u201d<\/p>\n<p>Marc Cohen, chief growth officer at LPL Financial, said, \u201cWe welcome HighWater Wealth to LPL. HighWater has built a remarkable practice distinguished by sophisticated planning and a deep commitment to serving high-net-worth families with highly personalized, multi-generational guidance. Their approach reflects a clear understanding of what clients value most, and we are proud to support their continued success in the years ahead.\u201d<\/p>\n<p>Outside of the office, Forster is active in his community, serving as chairman of the board for the San Diego Film Foundation and volunteering at San Rafael Parish. He lives in San Diego with his wife and three children.<\/p>\n<p>Rookus is also engaged locally and previously served on the YMCA Mission Valley board. He remains actively involved with the Challenge Athletes Foundation and enjoys spending time with his family, as well as biking, skiing and golfing.<\/p>\n<p>\n        <strong><br \/>\n          <u>Related<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>Advisors, learn how LPL Financial can help <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cblCt9IFx5gC6LjWcENP8BMPHXzEM0ilfkn4ERVHYsz3PR9Acme7ZmoTb8YZPsqMC8_Buw7UhhIwOJUsM-BJOLNv1zhAEYNDDHwGJttvx-4n4POr8kb-bPVvL-uA5ZQJau2x-MFW46kgbTlwcX5oDnr_UT8Vt4oT527FLeYHxC4=\" rel=\"nofollow\" target=\"_blank\">take your business to the next level<\/a>.<\/p>\n<p>\n        <strong><br \/>\n          <u>About LPL Financial<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>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 more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 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. For further information about LPL, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JFiMiP-9Jl9ccywlbD6Owony--biUbAiC7bKu-epQA2kpJjLtumo5vJGDosrx7dRSUXUzU6SXCPPIxhtUHXPGA==\" rel=\"nofollow\" target=\"_blank\">www.lpl.com\/<\/a>.<\/p>\n<p>\n        <strong>Securities and advisory services offered through LPL Financial LLC (\u201cLPL Financial\u201d), a registered investment adviser and broker-dealer. Member FINRA\/SIPC. <\/strong>HighWater Wealth, Quotient Advisor Partners and LPL Financial are separate entities.<\/p>\n<p>Throughout this communication, the terms &#8220;financial advisors&#8221; and &#8220;advisors&#8221; are used to refer to registered representatives and\/or investment advisor representatives affiliated with LPL Financial.<\/p>\n<p>We routinely disclose information that may be important to shareholders in the &#8220;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yG9xU8YKUyxgn4Z0zApGiqfZJLC1f-AUdsUGAt9ndDowtkzVGnAMosnFoFZ4xhVWwLIoYsU4Pj6NEk1wrEmzK_rbhVOzzC1L-WY46eBptQo=\" rel=\"nofollow\" target=\"_blank\">Investor Relations<\/a>&#8221; or &#8220;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XRDgBo3DJjQfaS-5gbtrmbffjV1ODkrDIzDkAUybnZ2G3fjo-lpMq6jlPgdowV35-aYjQ3lLqlboJ1yRuwTMT7hgO5eRV2pttIV6qQrync-82_alvU_Wpf8O-UdGK6ot\" rel=\"nofollow\" target=\"_blank\">Press Releases<\/a>&#8221; section of our website.<\/p>\n<p>\n        <em>*Value approximated based on asset and holding details provided to LPL from end of year, 2025.<\/em>\n      <\/p>\n<p>\n        <strong><br \/>\n          <u>Media Contact:<\/u><br \/>\n        <\/strong>\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gwCcHvWtLUOc7XXOZVVSPuxxICKKU9Qtpq3fFs1_h5NvZLRMA22BD_Qm6vPDQ0EfciIYwY4vBJvTB1DIiwkggwOiKm-EAwITVBciRZufAmgOUSuSd1JIRGkr__FTumdHT8CUXQSpyot6LnVs2jnvSw==\" rel=\"nofollow\" target=\"_blank\">Media.relations@LPLFinancial.com<\/a>\u00a0<\/p>\n<p>Tracking #1136491<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc2MTQzMCM3NzAzODYwIzIwMTkxNDA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MjRlNTkwODAtYTc1Yy00MTJmLTgxOWMtY2JjMTQzYTlhY2MzLTEwMzA3MTMtMjAyNi0wNy0xNC1lbg==\/tiny\/LPL-Financial-Holdings-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, July 14, 2026 (GLOBE NEWSWIRE) &#8212; LPL Financial LLC\u00a0announced today that the advisors of HighWater Wealth have joined LPL Financial\u2019s broker-dealer and Registered Investment Advisor (RIA) platform, aligned with\u00a0Quotient Advisor Partners, an existing firm supporting LPL-affiliated advisors. The team reported serving approximately $2.4 billion in advisory assets* and joins LPL from U.S. Bank. Based in San Diego, HighWater Wealth provides multi-generational office services for high-net-worth individuals and families. The team consists of Kristian Forster, Mike Rookus, Falko H\u00f6rnicke, CFA\u00ae, CFP\u00ae, Tim Davidson, CFA\u00ae, and Brian Rissman. HighWater Wealth takes a planning-first approach, beginning with a comprehensive review of each client\u2019s trust and estate structure, balance sheet and cash flow needs. The team then develops proactive, customized investment strategies &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;LPL Financial Welcomes HighWater Wealth to Quotient Advisor Partners&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-981371","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LPL Financial Welcomes HighWater Wealth to Quotient Advisor Partners - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPL Financial Welcomes HighWater Wealth to Quotient Advisor Partners - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN DIEGO, July 14, 2026 (GLOBE NEWSWIRE) &#8212; LPL Financial LLC\u00a0announced today that the advisors of HighWater Wealth have joined LPL Financial\u2019s broker-dealer and Registered Investment Advisor (RIA) platform, aligned with\u00a0Quotient Advisor Partners, an existing firm supporting LPL-affiliated advisors. The team reported serving approximately $2.4 billion in advisory assets* and joins LPL from U.S. Bank. Based in San Diego, HighWater Wealth provides multi-generational office services for high-net-worth individuals and families. The team consists of Kristian Forster, Mike Rookus, Falko H\u00f6rnicke, CFA\u00ae, CFP\u00ae, Tim Davidson, CFA\u00ae, and Brian Rissman. HighWater Wealth takes a planning-first approach, beginning with a comprehensive review of each client\u2019s trust and estate structure, balance sheet and cash flow needs. 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The team reported serving approximately $2.4 billion in advisory assets* and joins LPL from U.S. Bank. Based in San Diego, HighWater Wealth provides multi-generational office services for high-net-worth individuals and families. The team consists of Kristian Forster, Mike Rookus, Falko H\u00f6rnicke, CFA\u00ae, CFP\u00ae, Tim Davidson, CFA\u00ae, and Brian Rissman. HighWater Wealth takes a planning-first approach, beginning with a comprehensive review of each client\u2019s trust and estate structure, balance sheet and cash flow needs. The team then develops proactive, customized investment strategies &hellip; Continue reading \"LPL Financial Welcomes HighWater Wealth to Quotient Advisor Partners\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/","og_site_name":"Market Newsdesk","article_published_time":"2026-07-14T12:58:07+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc2MTQzMCM3NzAzODYwIzIwMTkxNDA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"LPL Financial Welcomes HighWater Wealth to Quotient Advisor Partners","datePublished":"2026-07-14T12:58:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/"},"wordCount":792,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc2MTQzMCM3NzAzODYwIzIwMTkxNDA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/lpl-financial-welcomes-highwater-wealth-to-quotient-advisor-partners\/","name":"LPL Financial Welcomes HighWater Wealth to Quotient Advisor Partners - 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