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LPL Financial Growth Story: Wealth Innovations Deal And Advisor Retention

LPL Financial Holdings (NasdaqGS:LPLA) has added Wealth Innovations, LLC to its platform, bringing a sizeable mix of advisory, brokerage, and retirement plan assets. The firm is reporting strong advisor retention following its Commonwealth Financial acquisition, keeping more than 80% of advisors with a stated aim to reach 90%. These developments highlight LPL's appeal to independent advisors seeking scale, technology, and compliance support. LPL Financial Holdings, trading at around $388.96...

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Published by: yahoo

Read full article here: https://ca.finance.yahoo.com/news/lpl-financial-growth-story-wealth-070944426.html