LPL Financial

Brokers' clients received letters from LPL that implied he stole money, over a $20,000 loan he had repaid, lawyer says.

LPL CEO Mark Casady expects "continued pressure on brokerage sales."

The group, Hoyt, Lewis, traces its roots to Waddell & Reed before joining LPL.

Marcato Capital has sold more than 1.6M shares so far in January, according to an SEC filing.

2 advisor teams, Foran Financial Group and Sweatt & Walters, leave for Raymond James Financial Services.

LPL Financial wants its advisors to know that it has heard their complaints and is doing something about them.

If approved by stockholders in LPL’s annual meeting in May, Mulcahy will also serve on the Board’s Audit Committee.