Once restructuring is completed, the company expects $3 million in annual savings after taking $9 million charge to move Fortigent unit to corporate headquarters in Charlotte, N.C.
Top executives at the firm are among those facing smaller bonuses after a year of discouraging financial results.
SBT Bancorp Announces Quarterly Dividend
MARKET SNAPSHOT: S&P 500, Dow Close Lower After Fed Minutes Disappoint
UPDATE: S&P 500, Dow close lower after Fed minutes disappoint
As processing error delays commissions by a day, president Robert Moore moves to reassure advisers.
Brain drain at nation's largest IBD continues as top East Coast recruiter plans to take a new position at an insurance company-owned broker-dealer.
Plus the latest on LPL's new collaboration with Redtail Technology, Laser App software sees continued growth and more.
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.