After LPL Financial outsourced certain services to India and made other changes, 17-year LPL veteran advisor Phillips Eggers says he moved his practice to Raymond James' independent broker-dealer.

"We started seeing a lot of lag times on responses" to service requests, says Eggers, of Legacy Retirement Planning in Plano, Texas. Eggers managed $130 million in client assets and brought in $1.3 million in annual revenues at LPL, according to a statement from Raymond James.

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