LPL’s Moore Says BD Is a ‘Positive Attractor’ for Advisors: Q4 Earnings
Robert Moore, CFO of the largest IBD, tells AdvisorOne flat Q4 is due to market volatility.
Q4 Earnings: LPL Boosts Results, but Misses Estimates
The independent broker-dealer ends the year with nearly 12,850 advisors, a jump over 3% from the year-ago period, and strong growth in its RIA custodial assets.
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.
LPL Increases Profits, Revenue in Q3; 782 Net New Reps in 2011
Parent company of largest independent broker-dealer adds $3 billion in net new advisory assets in third quarter; nearly doubles assets in RIA custody unit, to $20 billion
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's Casady, Moore Relay Strategy on Recruiting, Revenue, RIA Custody Growth
During LPL Financial’s first Q4 earnings conference call for analysts on Tuesday, CEO Mark Casady reiterated the company’s plans to add an average of 400 new representatives a year to its advisor ranks, which at year-end totaled 12,444.
LPL’s Next Step After IPO? Deleveraging, Allocating Capital, Casady Says
LPL's CEO Mark Casady flaunts scale and resources; says going public has helped recruiting.
LPL’s Next Step After IPO? Deleveraging and Allocating Capital
Casady flauts scale and resources; says going public has helped recruiting
LPL Financial Net Jumps 91% on 15% Revenue Rise in Q1
EBITDA for the quarter rises 28% to top $100 million mark
LPL Financial: Nears 12,000 Indie Advisors
As it nears 12,000 advisors, LPL Financial stands just below Morgan Stanley Smith Barney (18,135 FAs), Bank of America-Merrill Lynch (15,006) and Wells Fargo Advisors (14,961).