Dan Arnold

CEO Dan Arnold listed three reasons why the firm thinks its rivals peeled off some advisors.

CEO Dan Arnold said the acquisition of NPH’s assets will serve as a model for the future.

The nation’s largest broker-dealer must convince thousands of NPH advisors to make the transition.

The nation’s largest IBD paid $325 million, but it may spend as much as $508 million in the deal.

Dan Arnold says behavioral management, automation and portfolio and planning services need to be combined to win future clients.

CEO Dan Arnold said advisers’ uncertainty about the fiduciary rule is waning.

The $420 million team marks the latest wirehouse exit over a lack of flexibility around the rule.

Dan Arnold expects that upheaval to lead to more movement of advisers and assets.

The firm also granted its new chief stock options worth $4.8 million following a debt refinancing.

The layoffs are part of a shift of personnel to LPL Financial's South Carolina campus to cut costs and position the independent broker-dealer for future growth.