“If we do that well for LPL advisors, then we could easily take that to an advisor that doesn’t necessarily sit on our platform today,” CEO Dan Arnold said.
After a white-hot 2020, M&A experts believe we still haven’t reached a peak; many expect deal structures to evolve and new buyers to find the market in the coming months.
Historically, having one party in charge of the House, Senate and presidency has coincided with a 9.1% annual return for the S&P 500 going back to 1950.