Thumbs-Up for Economy, Robo Move at LPL Focus
"Make no doubt about it, we are not near a recession," says LPL chief investment officer Burt White.
More in Independent BDs
The independent broker-dealer knows it’s in a dogfight to stay competitive in a sellers’ market. more »
Recruiting "is as competitive as I've seen it in the last 10 years," says LPL exec. more »
One goal is to fully automate LPL's roughly 20 million pages it uses each year and eliminate the experience of working in an office over-filled with files. more »
“The changes we announced today makes the [robo] cost issue go away,” LPL Chairman and CEO Mark Casady tells Financial Planning. more »
A recruit from the banking channel at Wells Fargo moves to the regional's independent broker-dealer. more »
The firm reported solid growth and record advisor productivity in its wealth management business. more »
Recruiting stayed strong as Raymond James reported a 6% increase in quarterly profits for its wealth management unit year over year. more »
The top rankings change considerably when the B-D networks are considered as single operations. Here's an all new top 10 list. more »
The advisor agreed to a lifetime bar from the industry after a hacker who impersonated a client persuaded him to illegally transfer $160,000 of client funds. more »
With the addition of the new recruits, Faubourg Private Wealth Advisors now has seven former J.P. Morgan advisors. more »
The advisors managed a combined $278 million in client assets. more »
Even as a first step for clients seeking information on advisors, BrokerCheck is under scrutiny by advocacy groups. more »
Regulators have cracked down on LPL advisors in Massachusetts for using terms like "Retirement Specialist" and "Retirement Income Planning Specialist" -- while its planners use them elsewhere. more »
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