Massachusetts Sues LPL for Non-Traded REIT Violations
The complaint is focused on about 570 sales worth about $26.5 million.
Top Portfolio Products: Franklin Templeton Adds Portfolio Tool
Private Client Resources and the Argus Research Group form a strategic partnership
LPL Adds $8.2 Billion Credit Union to Platform
LPL, the independent broker-dealer, says it now has over 685 banks and credit unions as clients.
LPL Tops Estimates, Boosts Assets
The number of advisors drops from the second quarter, but is up for the year at 13,140.
New Hire Roundup: FINRA Adds Three; Eichmann Goes to TheStreet
This week in new hires, FINRA added three new governors; Erwin Eichmann joined TheStreet as general counsel; and Putnam Investments named Darren Jaroch portfolio manager of another fund.
LPL Adds 223 Advisors as Profits Drop 13%
In a repeat from last quarter, LPL Financial reported that quarterly profits were down although revenues were up.
LPL, Wells’ FiNet Tap New Execs
LPL FINANCIAL SAID IN EARLY JUNE THAT Dan Arnold, currently head of strategy for the largest independent broker-dealer, had been named chief financial officer of the company, the latest step in a management reorganization that has played out over the last few months.
LPL Names Strategy Chief Dan Arnold to Succeed Moore as CFO
Dan Arnold, former head of Uvest, will take over from Robert Moore, now president and COO of the largest independent BD.
LPL Names Sallie Larsen Chief Human Capital Officer
Former Fed Home Loan Bank HR executive becomes member of LPL’s executive committee.
LPL Profits Fall but Sales Rise, as Secondary Offering Is Announced
Its two private-equity investors are selling a combined 14% stake in the independent broker-dealer.