Now Is the Time to Change Firms
While broker-dealers report that 2010 has been a slow year for bringing in new advisors, especially after two booming years for recruitment, now may be the time for advisors who are considering making a move to act.
LPL Financial Upbeat On FA Recruiting in '10
This year, LPL Financial aims to build on its recruiting success in 2009 after "experiencing record levels of recruiting growth," said Bill Morrissey, executive vice...
LPL Shifts 1,700 Reps Onto Its Own Clearing Platform
Moves advisors from three broker/dealers away from Pershing
Advisor Advocate: LPL Financial's Bruton
With advisor interest in the independent model at a historic high, Derek Bruton's appointment as national sales manager for the nation's largest independent broker-dealer network...
Securities and Exchange Commissioner Annette Nazareth announced October 2 her intention to leave the Commission to return to the private sector. With Nazareth's departure, the...
Expanded Clearing Options
Affiliates of Linsco/Private Ledger, (LPL) will have additional choices when it comes to clearing, as LPL will offer a choice of clearing through Pershing or LPL platforms.
Watch LPL Grow
LPL Financial, the big independent broker/dealer, stamped its seal even more emphatically on the independent B/D universe, and ended speculation over the future of Pacific...
LPL to Buy Three PacLife BDs and Near the 10,000-FA Mark
After months of speculation, LPL Financial Services says it has reached a deal to acquire three of Pacific Life Insurance Company's broker-dealers: Mutual Service Corporation,...
LPL in Deal to Acquire Three Pacific Life Broker/Dealers
LPL Financial, the big independent broker/dealer, and Pacific Life Insurance Co. ended speculation about the future of Pacific Life's B/Ds by announcing a deal under which LPL would acquire three of PacLife's five B/Ds: Mutual Service Corp., based in West Palm Beach, Florida; Associated Financial Group of Los Angeles, and...