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15. Securities America grabs $744M National Planning super OSJ as exits mount
An OSJ with 35 advisors left National Planning for Securities America, marking at least the sixth grab by rivals of LPL in the wake of its huge purchase.

Dan Cairo of Elite Financial Network, a hybrid RIA with $744 million in client assets, opted for the ninth-largest independent broker-dealer over LPL, Securities America announced. The Huntington Beach, California-based super OSJ has affiliated advisors in six counties across the state.

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