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LPL Financial rolls up an unusual RIA to use as a cornerstone of its TAMP-like mass-market venture

The big broker-dealer is buying Veritat Advisors, renaming it NestWise, and using a Wharton professor's technology to crack the case of managing multi-hundred-client practices

Author Brooke Southall July 10, 2012 at 2:32 PM
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Kent Smetters: One of the pain points of a TAMP is that it takes so long to put together a plan.

Cecile Munoz

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Esther Stearns

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Kent Smetters



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July 16, 2022 at 1:35 AM

Envestnet quietly cleans up a mess behind take-private veil • Michael Kim is now a two-TAMP CEO • Bill Ackman scolds Trump, Lutnick for tariff overkill, alleged conflicts •

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June 29, 2024 at 3:00 AM

See more related moves

Mentioned in this article:

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

Betterment, LLC
Financial Planning Software
Top Executive: Jon Stein



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