The partnership with White Oak Investment Management comes several weeks after LPL purchased the broker/dealer business of Waddell & Reed for $300 million.

Avantax recently added new CPA referrals for advisors at the IBD as well as those affiliating under a new, full-time employee model.

The bidirectional integrations make setting up clients on AdvicePay simple for advisors using PreciseFP.

Waddell & Reed doesn’t bring scale to LPL but rather a financial planning-focused group of advisors best poised to take advantage of what the larger firm can offer, says LPL Head of Recruiting Rich Steinmeier.

Rosemont Financial Group sought a new home with "enhanced technology."

Broker/dealer Waddell & Reed, an 83-year-old firm, will sell its brokerage business to LPL and its asset management unit to Macquarie.

The end-of-year offer is meant to highlight the firm's automated rebalancing solution and hopefully sell advisors on the platform's many other features.

Thrivent Advisor Network is building out its business development team with former LPL executive Gary Foster.

The acquisition is part of FMG’s plan to become an end-to-end digital-marketing platform for financial advisors.