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Investors look past LPL Financial’s strong earnings at potential AI threats. The stock is down.
The wealth management company said total client assets jumped 30% year over year to $2.3 trillion.
LPL Financial holdings Inc. continues to maintain its guidance that it’s on track to reach its goal of hanging onto the ...
LPL executives addressed the impact of artificial intelligence and its continued integration of Commonwealth, with asset ...
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LPL expands AI tools to enhance advisor capabilities
LPL Financial is investing in artificial intelligence to boost advisor efficiency and client personalization, not to replace human expertise. The firm’s AI strategy includes tools for note-taking, ...
LPL Financial reveals breach affecting accounts of 1,581 clients. Malware led to unauthorized transactions and financial ...
LPL Financial Holdings Inc (LPLA) reports strong organic growth and record earnings despite a decline in total assets due to market conditions.
Affiliated with LPL Financial, Mariner Advisor Network supports 367 financial advisors who collectively manage $31 billion in assets. As part of this transaction, 223 advisors will remain directly ...
Three wealth management firms are expanding their advisor ranks, with new hires collectively representing hundreds of ...
In an unusual development, LPL saw its advisor total decline slightly in the first quarter. And client assets brought in ...
Gross profit* increased 25% year-over-year to $1,593 million Core G&A* increased 29% year-over-year to $532 million Adjusted pre-tax income* increased 20% year-over-year to $613 million Key Business ...
LPL Financial CEO Rich Steinmeier is confident his firm can absorb the much smaller Commonwealth Financial Network, in part because it has done something similar before. LPL transferred over all 33 of ...
LPL Financial has informed the SEC that it plans to raise up to $4 billion in capital through the sale of common stock and debt securities. The broker-dealer submitted an S-3 filing with the agency on ...
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