If LPL Financial is indeed for sale, potential buyers are likely to be impressed by third-quarter earnings results from the nation's largest independent broker-dealer.
Net income soared 27% to $52 million, or $0.58 per share, from $41 million, or $0.43 per share, in the year-ago quarter. The earnings ran well above Wall Street analysts forecast of $0.38 per share.
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
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access