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LPL Financial jumps into the full-service brokerage business via acquisition -- with help from Raymond James' Silver Lane Advisors

The San Diego-based independent broker-dealer will pilot captive model with purchase of $3-billion, 30-broker Allen & Co. as launching pad

Author Brooke Southall
May 22, 2019 at 2:31 AM
no description available
Ed Higham: It's not despite the employee-model, it's because of it. They see this as another channel.

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Another RIA whisperer, Julian Lopez, has left Schwab Advisor Services after 24 years to join LPL, which he sees as more advisor-focused and 'entrepreneurial'

The Houston executive, like Kelly Smith in Chicago, was considered a key service talent for RIAs though Lopez says his circumstances differ.

February 23, 2023 at 8:14 AM

Executive shake-up and staff hiring binge change Dynasty Financial Partners' talent mix, with Todd Thomson, Scott Welch, Ed Friedman and 12 women as headliners

The St. Petersburg-based producer of 'synthetic RIA scale' will continue to aggressively hire and adjust its talent ranks as it readies for next growth push.

September 24, 2019 at 2:02 AM

LPL Financial tries to solve two 'digital' problems with one new hire; the broker-dealer admits high 'friction' with clients for onboarding and matching them to the right annuity

Ashish Braganza puts LPL in to the data game but critics wonder whether the belated hire comes with too small a budget and team

July 25, 2019 at 6:18 PM

With his CEO hell-bent for election, Bronfman Rothschild president Michael LaMena reunites Fortigent's terrible two with a key poach

Neal Simon is running for U.S. Senate as an independent, an unusual risk; he also took precautions to make sure his $6.1B RIA roll-up finds its feet regardless of the mood of the Maryland electorate

November 5, 2018 at 8:06 PM

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Mentioned in this article:

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



May 22, 2019 — 6:20 AM
Why does this publication constantly portray that 20 something year old kid who has never passed a securities exam and is apparently just a headhunter as though he was some recognized industry economist? $$$ maybe?
Michael Clayton

Michael Clayton

May 22, 2019 — 7:40 PM
Intrepid - Please take it back to Advisor Hub and keep your quarreling confined to Ron Edde and other IBD basement bush leaguers. Not welcome here. Thx -Readers at large
Jesse Livermore

Jesse Livermore

May 23, 2019 — 2:17 PM
Dear Intrepid, Perhaps it's your timorous view of your own future that causes you comment in such a way about the " 20 something year old kid who has never... ". Remember the kids get it all. We all die and pass our legacy onto the next generation of which he is a formidable example of. Exams don't create or guarantee intelligence, business savvy, passion, innovation, etc. In fact they may even stymie by being steeped in the quagmire of yesterday's thinking. Not to say wisdom doesn't abound with age but youth and vigor trained and nurtured by sagely teachers is a powerful force for change. Read your history and start with Alexander the Great another 20 something who did little note than conquer the world by age 28. JLL

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