Dan Arnold

The No. 1 IBD has completed the NPH acquisition, but CEO Dan Arnold unveiled further growth initiatives amid challenges to its dominance.

Dan Arnold received a 155% raise in his first year atop the nation’s largest independent broker-dealer.

At least three dual practices with nearly $1.5 billion in client assets have left since the No. 1 IBD unveiled the new guidelines.

After acquiring four firms’ assets, the industry giant still faces big challenges ahead.

Funds managed by Marco “Mick” Hellman sold most of their holdings, while CEO Dan Arnold received options worth $5 million.

Pole-vaulting advisor Mark Cortazzo’s practice marked at least the second hybrid in three months to leave the firm for Mutual Securities.

More than $34 billion in client assets moved into the No. 1 IBD’s fold in the first part of the acquisition.

Team of 9 advisors is latest to depart amid transition to LPL.

The No. 1 IBD unveiled a $1.1 billion firm that is part of the first incoming wave of NPH’s assets.

The firm aims to maximize its value to advisors, but observers caution that it faces big challenges.

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.