LPL Financial to Acquire Alternative Investment Firm Fortigent
Fortigent will continue to operate autonomously from its Rockville, Md., headquarters and its existing management team will remain in place, reporting directly to Robert Moore, LPL Financial's CFO.
Q2 Earnings: LPL Financial Net Revenue Rises 13.1%
LPL Investment Holdings Inc., parent company of LPL Financial, reported second quarter net income Wednesday of $45.5 million, or $0.40 per diluted share, up $37.5 million compared to second quarter 2010 net income of $8 million, or $0.08 per diluted share.
LPL Financial to Acquire Open Architecture Firm Concord Capital Partners
Acquisition will allow the broker-dealer to enter ‘adjacent market.'