Now that the nation's largest independent broker-dealer is accountable to the investing public, it remains to be seen whether it is a fast-growing teen or a young adult.
How big will a publicly owned LPL Investment Holdings Inc. become?
Some of LPL Investment Holdings Inc.'s most noted and longest-affiliated advisers will see a windfall once the company goes public and shares begin to trade.
Ron Carson, LPL Financial Corp.'s most prominent financial adviser, seeks to create a national wealth management franchise, joining the fray with other noted investment advisers desiring a national footprint.
Compensation for brokers and firm executives would be subject to claw-backs if deemed excessive
The Securities and Exchange Commission is expected to issue new rules regarding broker pay by April, according to a memo obtained by InvestmentNews.
Two former chief executives of mutual fund companies that built their businesses on the direct-sold model are in the position to make money as a result of the pending LPL Investment Holdings Inc. initial public offering.
Sanders Morris Harris Group Inc., a wealth management broker-dealer that owns Edelman Financial Services LLC, indicated in its quarterly report that regulators have decided to recommend disciplining the company.
Independent representatives and broker-dealers gained allies in the House leadership who will work with them to maintain their reps' status as independent contractors
But firm added 161 advisers overall in 3Q, CFO Robert Moore says
