According to the commission, Alexandra H. Cock and her firm, Wealth Plus, raised more than $2.5 million in securities in two real estate investment management companies that defrauded investors of millions of dollars.
LPL's head of advisor M&A discusses what is driving the recent frenzy in mergers and acquisitions, what to look for in buyers or merger partners, and the best post-transaction practices to ensure a successful integration.
In the first quarter, LPL added 215 advisors and $18 billion in net new assets, even as total assets dropped alongside lower equity markets.
The Advisor Practice Exchange Program (APEX), now available to the firm’s 165 advisors, will match buyers and sellers both inside and outside the Prospera network.
The new support platform for underrepresented advisors will offer coaching, model portfolios supported by Vanguard and Alpha Architect, and access to a tech stack that includes Altruist, RightCapital, Envestnet | MoneyGuide and more.
Part 2 of this two-part series explores what drives value and how to build a business that will be 'attractive' to acquirers and garner the highest valuation.
Hiring will be across all job functions—69% in customer-facing positions, while 14% will be technology roles.
State Comptroller Glenn Hegar is demanding that more than 140 financial firms disclose their climate policies -- and whether they restrict or prohibit doing business with energy companies.
The $3.6 billion HighPoint Advisor Group agreed to pay more than $760,000 and will also help return funds to harmed clients, according to the SEC order.
New M&T acquisition People’s United will join LPL Financial's institution services platform in the second half of this year.
