BOSTON - LPL’s pitch to advisors targeting the high-net-worth market appears to be working: Assets from clients with more than $5 million to invest have increased 44% in three years.

“We’re democratizing high-net-worth,” Gary Carrai, senior vice president of HNW solutions at LPL, said in an interview at the firm's Focus conference. “We’re showing advisors that they can leverage our team and get more at-bat with HNW prospects.”

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