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$1.2 billion RIA breaks it off with LPL as new beaux Fidelity and Pershing vie ardently for favor

Seeking support for its superrich clients, Waldron Wealth lets the big IBD down easy, retaining its subsidiary, Fortigent

Author Lisa Shidler November 7, 2012 at 7:40 AM
Admin:
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John Waldron: We know that LPL is putting things in place so that it can focus on the ultrahigh-net worth market, but we wanted to be with partners who already have those services in place.

Richard

Richard

November 7, 2012 — 2:35 PM

We also went through a long process when we left our previous firm and we’ve had positives and negatives with our Pershing experience so far. Pershing’s technology was much better than what we had before but we’ve been disappointed in their practice management offerings. Mark Tibergien is a great sales man and he talked about all the people dedicated to practice management but’s it’s really just him so I feel they were a bit disingenuous.


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Mentioned in this article:

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

Advisor Growth Strategies, LLC
Consulting Firm
Top Executive: John Furey



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