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This time LPL share jump is traced to E*Trade

Critically late to the advice game and at loose ends after TD-Scottrade union, the New York-based discount broker has a lean and hungry look, according to Dealreporter

Author Janice Kirkel November 2, 2016 at 4:29 PM
1 Comment
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Rumors of the Boston-based IBD's acquisition by E*Trade could send LPL stock on a wild ride.

Hybrid RIA


Stephen Winks

Stephen Winks

November 2, 2016 — 6:49 PM
Mega RIAs like Savant render E-Trade's "Adaptive Portfolios" obsolete with far superior advisory services and far lower pricing. which illustrates the value of the advisor and the disconnect between individualized advisory services and pricing. Expensive generalized algorithmic advice can not demand a premium in the free market. SCW

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Mentioned in this article:

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

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally



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