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LPL reaches hard-won agreement to rein in bonuses to big advisors that had proved to be overly generous

OSJs were riding high on incentive systems designed more for solo practices

Author Lisa Shidler November 2, 2012 at 4:54 AM
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Scott Collins: Some of these large firms found the holes and exploited them.

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Mentioned in this article:

LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold

Private Advisor Group
Specialized Breakaway Service
Top Executive: Frank Smith, Chief Executive Officer

Independent Financial Partners
RIA Serving Other RIAs
Top Executive: William Hamm



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