LPL Financial has appointed Emily Field as its new chief people officer, as the firm works to integrate its largest-ever acquisition and retain a significant portion of Commonwealth Financial ...
A new report from AdvizorPro and Muriel Consulting shows that 653 advisors have departed Commonwealth since the firm announced its sale to LPL, resulting in a 77.5 percent retention of the 2,900 ...
LPL Financial claims Ameriprise “has sunk to a new low” by sending out allegedly “misleading” notifications about a data breach, which the firm says is an attempt to frighten LPL customers and hurt ...
For nearly four years, LPL helped at least 30 former Ameriprise advisors use an internal system to upload information for thousands of their ex-clients before that practice was abandoned in early 2022 ...
LPL Financial said it was reducing fees to advisors on several platforms as it reported a robust increase in assets to $2.3 trillion following its acquisition of Commonwealth Financial Network in a ...
Even as LPL commits to keeping Commonwealth Financial Network mostly intact after buying it later this year, it is pruning its executive and back-office ranks in its home office and its Atria ...
LPL Financial’s cash sweep programs violated its fiduciary responsibilities to its advisory clients, according to an alleged client who filed suit in California federal court. Daniel Peters filed the ...
The LPL Spring Split will allegedly be broadcasted officially from Thursday through Sunday. Today is the day when the LPL Spring Split begins, but just hours earlier there was plenty of confusion from ...
LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 ...
Earlier this week, wealth-management startup Altruist introduced AI-enabled tax planning tools, prompting investors to reassess how automation could affect traditional advisory firms like LPL ...
The commission began looking into LPL’s cash management program for corporate advisory accounts in August 2024.