LPL Says Retention of NPH Reps at 70%
If it hits 72% of fees and commissions, the IBD will need to pay up to $123 million more for its acquisition.
LPL Shares Q2 Recruiting Update, Sees Less DOL-Related Uncertainty
CEO Dan Arnold discusses why the independent broker-dealer is upbeat on its recruiting pipeline for the rest of the year.
Two Ways LPL Plans to Innovate: New Mobile App, Virtual Assistants
At its Focus conference, CEO Dan Arnold shares details about a mobile app for clients and the IBD's experiments with “Uberization.”
LPL Moving 133 Jobs From San Diego to South Carolina
Fewer than 40 employees are being offered the chance to move across the country in order to keep their positions.
LPL CEO Says No Way on Pure RIA
The IBD discusses strategy and the impact of recent high-profile departures during its Q4 earnings call.
LPL’s New CEO Comp Could Reach $5.4 Million
Dan Arnold will see his total compensation grow about three times from his president's wages.
LPL 'Has Heard' Advisors on Need to Boost Service, Says President Arnold
The IBD outlines progress it has made and rollouts to come at annual conference.
LPL Cuts Prices, Account Minimums Ahead of DOL Fiduciary Rule
The independent broker-dealer also plans to offer a fund-only brokerage IRA to meet the new fiduciary standard.
LPL Names Wright to New CTO Slot
The new IBD executive reports to Chief Information Officer Victor Fetter.
Moore to Leave LPL; Arnold Replacing Him as President
Robert Moore is leaving LPL to become CEO of Legal & General Investment Management America, an RIA specializing in fixed income.