2011 Q1 Earnings: LPL Profits Jump 91.7%; Founder, President to Sell Big Stakes
LPL Financial saw profits of $49.0 million, 91.7% higher than a year ago, and the company’s founder and president are selling big stock stakes.
LPL Names Chief Financial Officer
LPL Financial, the largest independent broker/dealer with over 11,000 representatives, has named Robert Moore as CFO, succeeding Bill Maher.
Power of the Platform
Schwab, Fidelity, and Pershing have a new competitor, now that LPL Financial has taken what many consider to be the next logical step as the...
A New Entry With a Familiar Name Enters the Custody Business
LPL Financial has taken what might be considered the logical next step as the broker/dealer industry incresingly moves to the fee side of the business--becoming a custodian to non-affiliated RIAs as well as dually registered advisors. On May 5, LPL announced plans to roll out its new custodial venture in...
LPL Financial Taps Feeney as CIO
LPL Financial has named Chris Feeney as chief information officer. He reports to Esther Stearns, president and COO, and is responsible for overseeing the firm's...
Today's changing financial services industry is faced with a stunning number of new challenges. But clearing firms -- duking it out in their ever-shrinking arena...
Innovations in Clearing
Many reps well-seasoned in the business and moving full steam ahead into their high-net-worth practices focused on retiring boomers, will well remember the days when...