LPL Financial's IPO & Its Impact: Beating the Brokerage Competition
By Janet LevauxWith 12,026 advisors, LPL Financial is the fifth-largest U.S. broker-dealer. Its IPO and growth plans could allow it to surpass its larger publicly traded wirehouse rivals (Morgan Stanley, Merrill Lynch and Wells Fargo) within a year or two, experts say.
June 07, 2010
LPL Financial's IPO: The Impact on RecruitingWhat the recruiters say about the B/D's plans.
June 07, 2010
Opportunities in a High-Debt, Low-Growth EraGeorge Santayana once said, "Those who cannot remember the past are condemned to repeat it." I wonder what the Spanish-American philosopher would say if here...
June 04, 2010
LPL Files for $600 Million IPO; Five Years after TPG SaleLPL Holdings, with 12,000 affiliated financial advisors, files registration with the SEC nearly five years after selling 60% of the company to Texas Pacific Group (TPG) and Hellman & Friedman.
June 04, 2010
After the Kenneth Starr Swindle: How Advisors Can Reassure ClientsFinancial advisors, RIAs and lawyers point to crucial role of third-party custodians in the aftermath of Kenneth Starr's alleged $30 million fraud.
June 04, 2010
After the Starr Swindle: How Financial Advisors Can Reassure ClientsFinancial advisors are buzzing about the SEC's $30 million fraud case against "advisor to the stars" Kenneth Starr in light of issues such as fiduciary duty, transparency and custody rules.
June 02, 2010
CFA Enrollment Breaks Last Year's Record With 9% IncreaseA total of 139,900 candidates from 160 countries--9% more than last year--enrolled for the chartered financial analyst exam this month, the CFA Institute announced Wednesday, June 2.
June 01, 2010
Correction, Bear Market, or Worse?Given the current economic climate and the decline in risky assets, I feel compelled to continue the conversation we began some three weeks ago. If...