Articles tagged "LPL Financial"
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LPL Financial hires new 'digital' head of recruiting -- IBM exec Scott Posner -- after the old school approach was leaking oil
Pre-IBM, Scott Posner spent 17 years at BNY Mellon where he rose to executive vice president leading the company’s strategic Initiatives group, reporting to the President
September 26, 2018 at 5:25 PM
After RIA private equity hot-shot Genstar's $1.7 billion purchase of ugly duckling Cetera, Robert Moore plans to take on LPL--not with acquisitions, but a recruitment storm
Genstar bought a majority share in Cetera in July for a rumored $1.7 billion; now Genstar MD Tony Salewski and ex-LPL President and Cetera CEO Robert Moore have put ramping up the rep count front-and-center in their plans to turn the long-troubled IBD ugly duckling into a market giant at LPL's expense.
August 15, 2018 at 12:35 AM
LPL issues urgent warning to RIAs: The SEC wolf blew down its home-office door and is combing through records for evidence of mutual fund share class misuse
Andy Kalbaugh emailed a letter to LPL advisors that file their own ADVs as a sort of fair-warning heads up
July 25, 2018 at 10:37 PM
LPL Financial is latest to go the 'risk number' route by signing deal with LifeYield, which signed a Riskalyze deal in February
The Fort Mill, S.C.-based IBD will use the software to help advisors arbitrage between taxable and non-taxable accounts to minimize the bite of the IRS
May 30, 2018 at 8:14 PM
LPL shares skyrocket near to $72 after signaling to Wall Street a cheaper, better way to lure assets and advisors
The Fort Mill, S.C.-based firm may cut salaries and commissions to recruiters and give advisors more benefits directly
May 22, 2018 at 4:12 PM
Derek Bruton joins Keith Gregg as Chalice Wealth Partners makes urgent Dynasty-lite bid bolstered by $4.5 million and Aaron Schumm
The two San Diegans of LPL and First Allied fame are hungry for success and redemption after a few stop-and-go years
May 4, 2018 at 10:30 PM
LPL Financial pulls pricing lever after Bill Hamm moves to yank $12 billion and 500 advisors off the IBD's line
The CEO of Independent Financial Partners will take 12 months move the asset trove to his own broker-dealer giving LPL time to woo reps looking for the door
May 3, 2018 at 10:01 PM
LPL Financial wages 'war' on Cetera, Securities America and Kestra after they pounced on NPH advisors in wake of sale
Unheard-of packages, tight targeting and unusual timing rock recruiters who marvel at the competitive behavior that has Bill Morrissey escalating an epic battle
April 12, 2018 at 6:39 PM
Seeking loan of $2 million, PCR discloses $12-million payment due in 2020 -- putting 'sale' on the table, offering memorandum shows
Private Client Resources, founded in 2000 projects it will break even next year but declines to say how it'll pay back mounting pile of loans
March 19, 2018 at 7:03 PM
LPL Financial pushes toward full-service-on-tap model with its 'virtual' play -- running some real risks in the process
With virtual, digital and OSJ firms making headway, CEO Dan Arnold's move may amend LPL business model or, one recruiter says, be a sop to Wall Street analysts hungering for a new angle
February 20, 2018 at 8:58 PM
Publicly traded 'RIA' stocks are having a banner 2017
Wall Street is loving shares of Schwab, Envestnet, Morningstar and LPL
December 8, 2017 at 12:28 AM
All-LPL M&A deal yields one $875-million firm in which Black Diamond, Schwab and Vanguard are named factors
The 51-year-old founder of CalBay Investments Inc. and the Hillis Financial Services founder, 73, do a succession-minded combination that keeps assets all in the LPL family
November 29, 2017 at 11:49 PM
The 2017 FPA conference leans heavily on a Michael Kitces unimpressed with the group's 'silence' on the CFP Board
Although its theme was elusive, the Denver-based advocacy group and standard-setter drew 1,800 advisors to the Country-Western capital
October 9, 2017 at 7:57 PM
Tensions build with OSJs after LPL Financial's 'about face' on held-away RIA assets and forced use of its corporate RIA
Can the Fort Mill, S.C. broker-dealer add 3,200 NPH advisors, make RIAs bend to its will and not break bad with giant partners?
September 6, 2017 at 12:09 AM
Never mind seared corneas. Will the first total American Eclipse since 1991 trigger a major equities market correction?
LPL stat-gazer says signs point to 'no' -- since the turn of the last century total solar eclipses as viewed from the US have presaged double-digit equity gains
