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LPL Advisors Add $100B in New Assets in 2023
News February 02, 2024 at 02:41 PM
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What You Need To Know
- LPL's total client assets grew to $1.35 trillion by the end of 2023, a new record.
- The firm sees opportunity to grow in what it calls a $2.5 trillion market for outsourced wealth management to enterprise groups such as banks and insurance companies.
- LPL ended the year with a new record-high headcount of 22,660 advisors and is investing in growth initiatives on several fronts.
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