Chicago-based team has moved to LPL's hybrid RIA platform.
LPL is losing one of its leading recruiters, in the wake of three other recruiters resigning in the past year and a half.
LPL Financial Holdings reported the strongest quarter in the company's nearly three years as a public company, with net revenues topping $1 billion for the first time. LPL's board of directors also announced the company's quarterly dividend would be raised 40% to 19 cents per share.
LPL's retirement plan division, LPL Financial Retirement Partners, launched the Retirement Partners Group to provide members with a unified national identity. RPG members will receive the benefits of a comprehensive branding and marketing effort and the opportunity to network with other top LPL ...
FINRA announced Tuesday that it has fined LPL $7.5 million for 35 “significant email system failures,” which prevented LPL from supervising its reps, responding to regulatory requests and producing emails to customers in arbitration proceedings.
LPL is launching a new online tool that it says will let its advisors offer offer better visibility to plan sponsors and the millions of LPL clients who are invested in 401(k)s.
FINRA announced Tuesday that it had fined LPL $7.5 million for 35 “significant email system failures,” which prevented LPL from supervising its reps.
LPL Financial is pushing to expand services for high-net-worth clients. In the company's most recent move, its wholly owned Private Trust Co. subsidiary has announced strategic plans to build on its rapid growth of 25% over the last three years.
While LPL , which reports earnings Wednesday, may lay off workers in some areas, its tech and research units are hiring as the IBD seeks selective growth.
LPL Financial, the nation's largest independent broker-dealer, has reached $50 billion in total RIA assets under custody, doubling its year-ago total.