Catering to RIAs served LPL Investment Holdings very well in 2011. The Boston-based independent broker-dealer firm reported that AUM in the LPL Financial RIA platform grew to $22.7 billion by year-end 2011, up 68.1% from $13.5 billion the year before.

That strong growth solidified LPL’s position as one of the largest RIA custodians in the industry, the company announced in its fourth quarter and 2011 year-end financial results.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access